Borrower requested a $168,000 loan to purchase a single-family property in Plant City, Florida. The borrower paid $176,000 for the property and has a $45,000 construction budget planned which includes a new roof, ac, electrical and a full cosmetic remodel. Borrower is deciding between a fix and flip or a long term rental and has experience with both exit strategies.
Collateral:
Type: Refinance
Description:
This is a $100,000 refinance loan request secured by a single-family property located in Odessa, FL. The subject property, built in 2023, features 4 bedrooms, 3.5 bathrooms, and 3,038 square feet of living space. The exit strategy is the sale of the property
- Loan Amount: $100,000
- Date: April 2026
