This is an $85,000 refinance loan secured by a commercial asset located in Clearwater, Florida. The property features two bedrooms and one bathroom, on a 0.189-acre lot. The parcel is zoned C-2 (General Commercial and Services District), which permits a wide range of retail and service-oriented uses. The borrower’s primary exit strategy is to sell the property post-rehabilitation.
Collateral:
Type: Refinance
Description:
The borrower is requesting a $125,000 first-lien refinance secured by a vacant lakefront parcel located on Lakeside Dr.,Lutz, FL. The collateral consists of a 0.42-acre irregular-shaped unimproved lot with approximately 80 linear feet of direct frontage on a private ski lake. The borrower’s exit strategy is an o sale of the subject parcel.
- Loan Amount: $125,000
- Date: September 2026
