This is a $400,000 loan secured by two single-family homes located in Clearwater, Florida. The home is a two-story property featuring four bedrooms, two bathrooms, and a two-car garage, situated on a 0.18-acre lot. The exit strategy is to refinance into a DSCR loan upon completion of renovations and stabilization.
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
