Borrower requested a $207,000 loan to refinance a single-family property in Clearwater, Florida. The borrower will be performing a full remodel, aiming to sell for an estimated ARV between $415,000 and $435,000. The property features 3 beds and 2 baths at 1,329 sq/ft.
Collateral:
Type: Refinance
Description:
The borrower is requesting a $200,000 loan secured by a 3/2 single-family home. The borrower’s exit strategy is to refinance into a DSCR loan once the property has established rental history.
- Loan Amount: $200,000
- Date: June 2026
