This is a $1,350,000 refinance loan request, secured by a 12-unit multifamily property located in Tampa, Florida. The property sits on 0.54 acres and is comprised of three separate buildings totaling 11,658 square feet. The unit mix includes three 3-bedroom/1-bath units, eight 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit, with 13 designated parking spaces. The borrower plans to refinance to long-term debt as an exit to the loan.
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
