This is a $100,000 loan request to acquire a single-family tear-down property in Tampa, FL. The existing structure is a two-bedroom, one-bathroom single-family home built in 1948, which is slated for demolition. The lot is zoned RS50 and measures 50 x 95 and 4,750 square feet. The borrower plans to sell the completed single-family home once construction is finished as an exit strategy for the loan.
Collateral:
Type: Refinance
Description:
This is a $100,000 refinance loan request secured by a single-family property located in Odessa, FL. The subject property, built in 2023, features 4 bedrooms, 3.5 bathrooms, and 3,038 square feet of living space. The exit strategy is the sale of the property
- Loan Amount: $100,000
- Date: April 2026
