This is a $230,000 loan request secured by a townhome located in Kissimmee, FL. The subject property is a 2005-built townhome featuring 3 bedrooms, 3 bathrooms, and 1,440 square feet of living space across two stories, including a small, well-maintained in-ground pool. The borrower will refinance as the exit strategy.
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