This $352,000 loan request is for a single-family property located in Clearwater, FL, within the desirable Northwood West subdivision of Countryside. The asset spans 2,413 sq. ft. and includes 4 bedrooms and 4 bathrooms. The borrower exit strategy is a sale or upon completion of the renovation.
Collateral:
Type: New Construction
Description:
This is a $255,000 new construction loan request for a duplex located in Lake Wales, FL. The proposed duplex will consist of two units, each featuring three bedrooms, two bathrooms, and approximately 1,005 square feet of living space, totaling six bedrooms, four bathrooms, and 2,010 square feet of combined living space. Borrower’s refinancing strategy is designed to manage debt and cash flow based on rental income.
- Loan Amount: $255,000
- Date: June 2025