This is a $400,000 loan secured by two single-family homes located in Clearwater, Florida. The home is a two-story property featuring four bedrooms, two bathrooms, and a two-car garage, situated on a 0.18-acre lot. The exit strategy is to refinance into a DSCR loan upon completion of renovations and stabilization.
Collateral:
Type: Fix and Lease
Description:
This financing opportunity involves a $2.5 million lending request structured as two interest-only mortgages with a 2-year term and 12% fixed interest. The transaction includes a commercial acquisition loan supported by multiple commercial real estate assets, along with a separate residential refinance, resulting in a conservative overall loan-to-value ratio backed by substantial collateral. The primary exit strategy is to refinance the commercial property.
- Loan Amount: $2,500,000
- Date: July 2026
