New Loan Funded!

8901 N 20th St, Tampa FL 33604 & 3508 River Grove Dr, Tampa FL 33610

Collateral:

8901 N 20th St, Tampa FL 33604 & 3508 River Grove Dr, Tampa FL 33610

Description:

Borrower requested a $190,000 loan to purchase a single-family property in Tampa, Florida, pledging an additional free and clear property as collateral for the loan. The borrower paid $150,000 for the property and has a $30,000 construction budget planned. Additionally, the 3308 River Grove property has an estimated value of $220,000. The property at 8901 N 20th St, features 2 beds and 1 bath at 1,178 sq/ft. Borrower plans to sell the property after the renovation as an exit to the loan.

Collateral:

Description:

Borrower requested a $165,000 new construction refinance for a single-family home located in Lake Wales, FL. The property is designed as a three-bedroom, two-bathroom home with a two-car garage, totaling 1,333 square feet. The borrower’s exit strategy is to refinance into a DSCR loan once the property reaches certificate of occupancy.

Collateral:

Type:

Description:

This is a $130,000 refinance loan request secured by a brand-new manufactured mobile home in Eustis, Florida. It features 1,200-square-foot, three-bedroom, two-bathroom manufactured home on the 0.35-acre parcel. Borrower primary exit strategy for this transaction is selling the property under the existing contract.

Collateral:

Type:

Description:

The borrower has requested a $470,000 loan to acquire a single-family property in Largo, FL. The borrower is purchasing the subject property, a three-bedroom, two-bathroom home with a two-car garage and 1,991 square feet. The exit strategy is to sale the renovated home.