This is a $100,000 refinance loan request for a single-family property in Fort Pierce, Florida. The property is well-maintained and features four bedrooms, two bathrooms, a two-car garage, and 2,002 square feet of living space. The borrowers’ primary exit strategy is to refinance a no-credit DSCR loan.
Collateral:
Type: Refinance
Description:
This is a $400,000 refinance loan request for a quadplex in Treasure Island, FL, which the borrower owns free and clear. The property consists of four one-bedroom, one-bathroom units, each measuring 527 square feet, for a total living space of 2,108 square feet. Borrower plans to make monthly interest payments using the property’s cash flow and available reserves.
- Loan Amount: $400,000
- Date: March 2025