This is a $270,000 refinance loan request secured by a bungalow-style single-family residence in Tampa, Florida. The subject property’s main structure features three bedrooms and two bathrooms across 1,458 square feet of living space. The borrower exit strategy is to sell the Tampa property upon completion of the renovations.
Collateral:
Type: New Construction
Description:
Borrower has requested $125,000 to complete construction of a two-story, wood-frame duplex in Augusta, GA. Each unit of the duplex will offer 1,580 square feet of living space, with 794 square feet on the first floor and 786 square feet on the second. The borrower’s primary exit strategy is to sell the completed duplex.
- Loan Amount: $125,000
- Date: October 2026
