This $352,000 loan request is for a single-family property located in Clearwater, FL, within the desirable Northwood West subdivision of Countryside. The asset spans 2,413 sq. ft. and includes 4 bedrooms and 4 bathrooms. The borrower exit strategy is a sale or upon completion of the renovation.
Collateral:
Type: New Construction
Description:
This is a $260,000 new construction loan request on a duplex located in Port Charlotte, FL, with an initial disbursement of $60,000 at closing. Upon completion, the property will consist of two units, each featuring 3 bedrooms, 2 bathrooms, 1,247 square feet of living space, and a 1-car garage. The borrower intends to refinance the property as the primary exit strategy.
- Loan Amount: $260,000
- Date: August 2025