The borrower requested a $300,000 refinance on 2 properties in Tampa, FL. One property is tenant-occupied as an annual rental, and the other is a new construction property that is roughly 80% complete. Borrower plans to complete the build and lease the property and refinance as an exit to the loan.
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
