Borrower requested a $112,000 loan to purchase a single family, fix and flip property in Hudson, Florida. The property was being purchased for $160,000 and the borrower has a $47,500 remodel planned including a new roof, full kitchen & bathroom remodel along with paint and flooring and more. Borrower plans to self perform and fund the remodel and then sell for a profit.
Type: Fix and Lease
Borrower requested a $1,319,000 loan to purchase a single-family property in Naples, Florida. The borrower is additionally pledging a free and clear property in Tampa Fl as collateral for the loan. The borrower will be selling the San Rafael property as an exit to the loan.