This is a $250,000 loan request for a condo in the luxurious Grand Central at Kennedy complex in Channelside, downtown Tampa, Florida. The subject property, Unit 821, is a 2-bedroom, 1-bathroom unit with 1,050 square feet. The borrower plans to refinance into a DSCR loan as the primary exit strategy.
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
