Borrower requested a $250,000 loan to refinance a new construction project of a duplex residence in Kissimmee, Florida. Each unit will feature 3 beds and 2 baths at 1,505 sq/ft each. The borrower plans to lease each unit upon completion and refinance as an exit to the loan.
Collateral:
Type: Refinance
Description:
The borrower is requesting a $200,000 loan secured by a 3/2 single-family home. The borrower’s exit strategy is to refinance into a DSCR loan once the property has established rental history.
- Loan Amount: $200,000
- Date: June 2026
