This is a $230,000 loan request secured by a townhome located in Kissimmee, FL. The subject property is a 2005-built townhome featuring 3 bedrooms, 3 bathrooms, and 1,440 square feet of living space across two stories, including a small, well-maintained in-ground pool. The borrower will refinance as the exit strategy.
Collateral:
Type: Fix and Lease
Description:
This financing opportunity involves a $2.5 million lending request structured as two interest-only mortgages with a 2-year term and 12% fixed interest. The transaction includes a commercial acquisition loan supported by multiple commercial real estate assets, along with a separate residential refinance, resulting in a conservative overall loan-to-value ratio backed by substantial collateral. The primary exit strategy is to refinance the commercial property.
- Loan Amount: $2,500,000
- Date: July 2026
