Borrower requested a $370,000 loan to purchase a single-family, fix and flip property in Ruskin, Florida. The borrower paid $300,000 for the property and has a $70,000 construction budget planned. The property features 4 beds and 3 baths at 2,766 sq/ft and the borrower additionally pledged a cashflowing single family rental in Tampa as collateral to the loan. Borrower plans to sell the property once completed with the rehab.
Type: Fix and Lease
Borrower requested a $236,000 loan to purchase a single-family property in Port Richey, Florida. The borrower is additionally pledging a single-family property as collateral to the loan. The Sterling property
features 2 beds and 2 baths at 1,190 sq/ft with a pool, and the second collateral located on Warbler Dr, features 2 beds and 2 baths at 1,310 sq/ft. The borrower plans to lease both properties long-term and then refinance as an exit to the loan.