Borrower requested a $300,000 loan to refinance a single-family property in Ft Myers, Florida. The property was listed for sale for $865,000 before hurricane lan, since then the property experienced wind and flood damage in the storm and is in need of $200,000+ in remediation. The property features 4 beds and 3 baths at 2,846 sq/ft and was previously being operated as an Airbnb. Borrower plans to sell the property as an exit to the loan.
Type: Fix & Flip
Borrower requested a $142,000 loan to purchase a single-family property in Weeki Wachee, Florida. The property features 3 beds and 2 baths at 1,516 sq/ft sitting on a 8,800 sq/ft lot. Borrower plans to list the property for sale after the renovation as an exit to the loan.