New Loan Funded

Collateral:

404 13th St SW, Ruskin, AL 33570 & 9310 N 16th St, Tampa, Fl 33612

Description:

Borrower requested a $370,000 loan to purchase a single-family, fix and flip property in Ruskin, Florida. The borrower paid $300,000 for the property and has a $70,000 construction budget planned. The property features 4 beds and 3 baths at 2,766 sq/ft and the borrower additionally pledged a cashflowing single family rental in Tampa as collateral to the loan. Borrower plans to sell the property once completed with the rehab.