Borrower requested a $360,000 loan to refinance a new construction, single-family property in Seffner, Florida. The Lime Ave property features 2,254 sq/ft with 4 beds and 3 baths. The property at 17th Ave St. Pete feature 2,232 sq/ft with 4 beds, 3 baths. Borrower will lease the Lime Ave property as an annual rental after the build and 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
