Borrower requested a $110,000 loan to refinance a single-family property in Frost Proof, Florida. The property features 3 beds and 1 bath at 1,153 sq/ft on a 6,612 sq/ft lot. The borrower plans to refinance or pay off this loan with the proceeds of a new flip project.
Collateral:
Type: Refinance
Description:
Borrower requested a $155,000 loan to refinance a single-family property in Tampa, Florida. The property features 2 beds and 1 bath at 1,108 sq/ft, and is tenant occupied. The borrower is using proceeds to complete a build at a different location and will sell the other investment property to exit the loan.
- Loan Amount: $155,000
- Date: July 2024