Borrower requested a $300,000 loan to purchase a single-family property in Brandon, Florida. The borrower paid $400,000 for the property and has a $16,000 cosmetic rehab budget planned. Borrower aims for a $500,000+ ARV.
Collateral:
Type: Refinance
Description:
Borrower requested a $125,000 loan to refinance a single-family property located in Deltona,
Florida. The property features 4 beds and 2 baths at 1,668 sq/ft. The property is currently leased as an annual rental. Borrower plans to refinance as an exit to the loan.
- Loan Amount: $125,000
- Date: September 2023