This is a $550,000 (52% LTV) refinance loan request secured by three Pinellas Park Townhomes, newly built. The three newly constructed townhomes are located at 62nd Way, Pinellas Park. These units are part of an eight-unit development built by the borrower, who also acted as the project’s developer. The anticipated loan payoff will come from the sale proceeds of the two remaining townhomes or the liquidation of other real estate assets.
Collateral:
Type: Refinance
Description:
This is a $60,000 refinance loan request secured by a free-and-clear single-family home located in Lehigh Acres, Florida. The subject property is a 3-bedroom, 1-bathroom residence offering 920 square feet of living space. The primary exit strategy for the loan is repayment through cash flow from business and secondary option is to refinance into a DSCR loan if additional time is needed.
- Loan Amount: $60,000
 - Date: October 2025
 
