New Loan Funded!

3506 Libby Loop, Tampa, Fl, 33619

Collateral:

3506 Libby Loop, Tampa, Fl, 33619

Description:

Borrower requested a $130,000 loan to purchase a single-family property fix and flip property in Tampa, Florida. The borrower paid $190,000 for the property and has a $45,000 cosmetic construction budget planned including a full kitchen and bathroom remodel. Age of the roof and AC are 2018. Borrower plans to list the property for sale with an estimated ARV around $300,000-$325,000.

Collateral:

Lutz, FL & Multiple Collateral

Description:

This financing opportunity involves a $2.5 million lending request structured as two interest-only mortgages with a 2-year term and 12% fixed interest. The transaction includes a commercial acquisition loan supported by multiple commercial real estate assets, along with a separate residential refinance, resulting in a conservative overall loan-to-value ratio backed by substantial collateral. The primary exit strategy is to refinance the commercial property.

Collateral:

Type:

Tampa, FL

Description:

The borrower is requesting a $165,000 loan to refinance a commercial property located in the Tampa Heights market of Tampa, Florida. The property contains approximately 3,366 square feet of heated space and is currently utilized as an active workshop and resale operation. The proposed exit strategy is to refinance the loan.

Collateral:

Tampa, FL

Description:

This is a $235,000 Fix-and-Lease loan request, secured by a single-family residence in Tampa, Florida. The subject property is located in the desirable Town and Country submarket of Tampa and is reflected in public records as a 2-bedroom, 1.5-bathroom home totaling approximately 1,702 square feet, including a converted garage that serves as additional living space. Upon completion of the renovation, the borrower plans to refinance the property into a DSCR loan.