Borrower requested a $136,000 loan to purchase a condo in Homestead, Florida. The property
features 3 beds and 2 baths at 1,060 sq/ft. The borrower plans to lease the property as an annual rental after the renovation and refinance as an exit to the loan.
Collateral:
Type: Fix and Flip
Description:
Borrower requested a $100,000 loan to purchase a single-family property in Holiday, Florida. The property features 2 beds and 2 baths at 1,088 sq/ft. The borrower plans to list the property for sale after the renovation.
- Loan Amount: $100,000
- Date: May 2024