Borrower requested a $200,000 loan to refinance a triplex property located in Clearwater, Florida. The subject property consists of 2,897 square feet of living space situated on a 0.16-acre lot. It includes one 2-bedroom, 1.5-bathroom unit and two 1-bedroom, 1-bathroom units. Upon completion of the renovation, the borrower plans to sell as an exit to the loan.
Collateral:
Type: Refinance
Description:
Borrower is requesting a $325,000 loan secured by a single-family property in Tampa, Florida. The property features 9 bedrooms, 5 bathrooms, 4,010 heated square feet, and sits on a 16,496-square-foot lot while being rented for $9,000 per month. The borrower plans to refinance the loan as exit strategy.
- Loan Amount: $325,000
- Date: September 2026
