Borrower requested a $35,000 loan to purchase a manufactured mobile home property in Summerfield, Florida. The borrower paid $75,000 for the property and has planned to lease the property for an annual rental as soon as the purchase is complete. Property is currently move in ready.
Collateral:
Type: New Construction
Description:
Borrower has requested $125,000 to complete construction of a two-story, wood-frame duplex in Augusta, GA. Each unit of the duplex will offer 1,580 square feet of living space, with 794 square feet on the first floor and 786 square feet on the second. The borrower’s primary exit strategy is to sell the completed duplex.
- Loan Amount: $125,000
- Date: October 2026