Borrower requested a $140,000 loan to purchase a single-family, fix and flip property in Orlando, Florida. The borrower paid $185,000 for the property and has a full remodel planned with a construction budget of $40,000 including a new roof, ac and full cosmetic updates. The property features 3 beds and 2 baths at 1,092 sq/ft and has an estimated ARV of $250,000+.
Collateral:
Type: Fix and Flip
Description:
This is a $1,505,000 loan request to purchase a stabilized commercial office property located in Tampa, Florida. The collateral consists of a fully occupied, single-story office building containing 10 individual suites and approximately 5,788 square feet of heated space situated on a 14,792-square-foot (0.34-acre) corner lot. The primary exit strategy is to sell a property.
- Loan Amount: $1,505,000
- Date: June 2026
