Borrower requested a $42,000 loan to purchase a manufactured home in Brooksville, Florida. The borrower paid $60,000 for the property and has a $25,000 construction budget planned. The property features 3 beds and 2 baths at 736 sq/ft. Borrower plans to lease the properly as an annual rental after the renovation.
Type: Fix and Lease
Borrower requested a $187,000 loan to purchase a single-family property in Plant City, Florida. The borrower paid $250,000 for the property in Plant City and has a $46,000 rehab budget planned. The property features 3 beds and 1 bath at 1,440 sq/ft sitting on a 5.04 acre lot. Borrower plans to lease the property as an annual rental after the renovation and refinance as an exit to the loan.