This is a $150,000 refinance loan request at 60% LTV for a single-family residential property in Tampa, Florida. The home features two bedrooms, one bathroom, 788 square feet of living space, and a pool on a corner lot. The primary plan for this loan is to acquire a new investment property, complete the project, and use the proceeds from the sale to pay off the subject property in full.
Collateral:
Type: Refinance
Description:
The borrower is requesting a $200,000 loan secured by a 3/2 single-family home. The borrower’s exit strategy is to refinance into a DSCR loan once the property has established rental history.
- Loan Amount: $200,000
- Date: June 2026
