This request is for an $800,000 cash-out refinance loan secured by a commercial vacant land asset located in Tampa, Florida. The property totals 11.448 acres, consisting of 8.438 acres of usable land and 3.01 acres of lowlands. It benefits from direct access to both Adamo Drive and the Selmon Expressway, providing excellent visibility and connectivity. Borrower aims to exit the loan with a sale of another property.
Collateral:
Type: Refinance
Description:
This request is for a $400,000 refinance loan secured by a single-family residence located in the Walden Lake Community in Plant City, Florida. The property features three bedrooms, five bathrooms, and an executive office that can also serve as an additional bedroom. The residence offers 4,444 square feet of living space on a 0.37-acre lot and is situated directly on a private golf course. Borrower exit strategy is to refinance into a DSCR loan after liquidating other investments.
- Loan Amount: $400,000
- Date: October 2025