Borrower requested a $200,000 loan to refinance a single-family property in Pinellas Park, Florida. The property needs a full renovation and features 4 beds and 2 baths at 1,198 sq/ft. The borrower is either listing the property for sale or lease and then refinance as an exit to the loan.
Collateral:
Type: Fix and Flip
Description:
Borrower requested a $127,000 loan to purchase a single-family property in Panama City, Florida. The property features 3 beds and 3 baths at 1,806 sq/ft. The borrower plans to list the property for sale after the renovation and sell it as an exit to the loan
- Loan Amount: $127,000
- Date: August 2024
