This is a $156,000 fix-and-lease loan request, for a single-family property located in Orlando, FL. The property features 3 bedrooms, 1 bathroom, and 1,020 square feet of living space. The borrower intends to exit the loan through a Debt Service Coverage Ratio (DSCR) refinance upon completion of the renovation.
Collateral:
Type: Fix and Lease
Description:
This financing opportunity involves a $2.5 million lending request structured as two interest-only mortgages with a 2-year term and 12% fixed interest. The transaction includes a commercial acquisition loan supported by multiple commercial real estate assets, along with a separate residential refinance, resulting in a conservative overall loan-to-value ratio backed by substantial collateral. The primary exit strategy is to refinance the commercial property.
- Loan Amount: $2,500,000
- Date: July 2026
