Borrower requested a $150,000 loan, to purchase a fix and flip, single family property in Valrico, FL. The property was in the process of being remodeled by another contractor who had a partnership dispute and is fire selling the property before the remodel is finished. Borrower plans to use $30,000 of his own cash to complete the remaining remodel
Type: Fix and Lease
Borrower requested a $236,000 loan to purchase a single-family property in Port Richey, Florida. The borrower is additionally pledging a single-family property as collateral to the loan. The Sterling property
features 2 beds and 2 baths at 1,190 sq/ft with a pool, and the second collateral located on Warbler Dr, features 2 beds and 2 baths at 1,310 sq/ft. The borrower plans to lease both properties long-term and then refinance as an exit to the loan.