Borrower requested a $100,000 loan to refinance a single-family property in Bradenton, Florida. The property features 2 beds and 1 bath at 910 sq/ft. The borrower plans to complete a renovation, lease the property as an annual rental, and secure a DSCR loan as an exit.
Collateral:
Type: Fix and Flip
Description:
Borrower requested a $127,000 loan to purchase a single-family property in Panama City, Florida. The property features 3 beds and 3 baths at 1,806 sq/ft. The borrower plans to list the property for sale after the renovation and sell it as an exit to the loan
- Loan Amount: $127,000
- Date: August 2024