The borrower has requested a $400,000 loan to refinance three duplex properties in Tampa, Florida. The properties feature a total of 6 beds and 6 baths, with a combined 3,264 square feet of living space. Each unit includes 1 bed, 1 bath, and 544 square feet. The borrower plans to sell the subject properties as part of his exit strategy from the loan.
Collateral:
Type: Refinance
Description:
The borrower is requesting a $125,000 first-lien refinance secured by a vacant lakefront parcel located on Lakeside Dr.,Lutz, FL. The collateral consists of a 0.42-acre irregular-shaped unimproved lot with approximately 80 linear feet of direct frontage on a private ski lake. The borrower’s exit strategy is an o sale of the subject parcel.
- Loan Amount: $125,000
- Date: September 2026
