Borrower requested a $350,000 loan to purchase a single-family property in Tampa, Florida. The property currently features 2 beds and 2 baths at 1,260 sq/ft on a 7,800 sq/ft lot. Borrower plans to refinance into a construction to perm loan for the construction financing once the permit is approved by the city.
Collateral:
Type: Fix and Flip
Description:
Borrower requested a $100,000 loan to purchase a single-family property in Holiday, Florida. The property features 2 beds and 2 baths at 1,088 sq/ft. The borrower plans to list the property for sale after the renovation.
- Loan Amount: $100,000
- Date: May 2024