Borrower requested a $124,000 loan to purchase and remodel a single-family home in
Winter Haven Florida, while additionally pledging a cash-flowing single-family rental property in
Mulberry, Florida as collateral for the loan. The single-family home is being purchased for $105,000
and has a $30,000 remodel planned.
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.