Borrower requested a $250,00 loan to purchase a single-family property in Largo, Florida. The property has a single-family residence featuring 3 beds and 1 bath at 988 sq/ft. sitting on a double-lot. The borrower plans to build a single-family residence with 1,700 sq/ft in the split parcel and list it for sale.
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
