Borrower requested a $105,000 loan to purchase a single-family property in Jacksonville, Florida The borrower paid $140,000 for the property and plans to do simple paint and clean up and flip it. The property features 3 beds and 2 baths at 1,324 sq/ft. Due to the borrower’s connectivity in the marketplace she was able to purchase below value. The property has a recent ARV appraised value of $278,000. Borrower plans sell as an exit to the loan.
Collateral:
Description:
Borrower requested a $620,000 loan to refinance a single-family residence located in Tampa. The home featured 4 bedrooms, 3 bathrooms, and 2,339 square feet of living space. The borrower has since expanded the property to 4 bedrooms, 4 bathrooms, and approximately 2,800 square feet, along with an in-ground pool. The borrower is open to multiple exit strategies, including a sale or refinance.
- Loan Amount: $620,000
- Date: May 2026
