This is a $235,000 Fix-and-Lease loan request, secured by a single-family residence in Tampa, Florida. The subject property is located in the desirable Town and Country submarket of Tampa and is reflected in public records as a 2-bedroom, 1.5-bathroom home totaling approximately 1,702 square feet, including a converted garage that serves as additional living space. Upon completion of the renovation, the borrower plans to refinance the property into a DSCR loan.
Collateral:
Type: Refinance
Description:
Borrower requested a $200,000 refinance loan secured by a single-family residence in Tampa, Florida. Built in 1980, the property features 3 bedrooms, 2 bathrooms, and 1,562 square feet of living space situated on a 0.19-acre lot. Upon completion of the renovations, the borrower intends to refinance into a long-term DSCR loan as the exit strategy.
- Loan Amount: $200,000
- Date: August 2026
