The borrower requested a $5,000,000 loan to refinance a Condo property in Miami, Florida as well as pledging 6 other properties as collateral to the loan. The condo property is 6 beds and 9.5 baths at 11,661 sq/ft which also includes a 4 car garage and views of the ocean. The borrower plans to refinance 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
