Borrower requested a $100,000 loan to purchase a single-family fix and flip property in Dover, Florida. The borrower is purchasing the property from a probate sale, negotiating the final liens with the city for a final settlement to clear the title. The borrower has an extensive $95,000 construction budget planned including a new roof, ac and complete cosmetic renovation. Borrower plans to sell the property for a profit once the renovations are complete.
Type: Fix and Lease
Borrower requested a $150,000 loan to purchase a manufactured property in Tampa, Florida. The manufactured home was built in 2017 and features 3 beds and 2 baths at 1,512 sq/ft sitting on a 1.24 acre lot. Borrower intends to refinance the loan.