Borrower requested a $243,500 loan to purchase a single family fix and flip property in Ocala, FL. The borrower has a $60,000 planned construction budget to renovate the property and then operate the property as an Airbnb before refianancing as an exit to the loan.
Collateral:
Type: Refinance
Description:
Borrower requested a $130,000 loan to refinance a single-family property in Clearwater, Florida. The property features 3 beds and 2 baths at 1,858 sq/ft. The borrower has the property listed for sale and will sell the property as an exit to the loan.
- Loan Amount: $130,000
- Date: April 2024
