This is a $270,000 refinance loan request secured by a bungalow-style single-family residence in Tampa, Florida. The subject property’s main structure features three bedrooms and two bathrooms across 1,458 square feet of living space. The borrower exit strategy is to sell the Tampa property upon completion of the renovations.
Collateral:
Type: New Construction
Description:
This is a $255,000 new construction loan request for a duplex located in Lake Wales, FL. The proposed duplex will consist of two units, each featuring three bedrooms, two bathrooms, and approximately 1,005 square feet of living space, totaling six bedrooms, four bathrooms, and 2,010 square feet of combined living space. Borrower’s refinancing strategy is designed to manage debt and cash flow based on rental income.
- Loan Amount: $255,000
- Date: June 2025
