Borrower requested a $140,000 fix-and-lease loan to purchase a single-family property in Winter Springs, Florida. The property features 2 bedrooms, 2 bathrooms, and 1,134 square feet of living space. The borrower plans to rent the property and intends to refinance into a DSCR loan.
Collateral:
Type: Refinance
Description:
Borrower is requesting a $325,000 loan secured by a single-family property in Tampa, Florida. The property features 9 bedrooms, 5 bathrooms, 4,010 heated square feet, and sits on a 16,496-square-foot lot while being rented for $9,000 per month. The borrower plans to refinance the loan as exit strategy.
- Loan Amount: $325,000
- Date: September 2026
