Borrower requested a $105,000 loan to purchase a single-family property in Orlando, Florida. The property features 3 beds and 2 baths at 1,135 sq/ft. Borrower plans to lease the property for an annual rental after the renovation and refinance as an exit to the loan.
Collateral:
Type: Fix and Lease
Description:
Borrower requested a $1,319,000 loan to purchase a single-family property in Naples, Florida. The borrower is additionally pledging a free and clear property in Tampa Fl as collateral for the loan. The borrower will be selling the San Rafael property as an exit to the loan.
- Loan Amount: $1,319,000
- Date: November 2023