Borrower requested a $58,000 loan to purchase a single family residential fix and flip property in Lake County Florida. Purchase price was $83,000 and the borrower has a $35,000 renovation planned in which they will self perform and fund. Borrower is a repeat client, and has completed 10+ flips in the last 2 years.
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.