This is a $145,000 Fix & Lease loan request for a returning client, secured by a double-wide mobile home located in Dover, Florida. The subject property is a 4-bedroom, 2-bathroom home offering 1,782 square feet of living space on a 1.44-acre lot. Borrower exit strategy is to refinance the property upon completion and stabilization of the rehab.
Collateral:
Type: New Construction
Description:
Borrower has requested $125,000 to complete construction of a two-story, wood-frame duplex in Augusta, GA. Each unit of the duplex will offer 1,580 square feet of living space, with 794 square feet on the first floor and 786 square feet on the second. The borrower’s primary exit strategy is to sell the completed duplex.
- Loan Amount: $125,000
- Date: October 2026