Very experienced borrower requested a $126,000 loan to purchase a single family fix
and flip property in Pinellas Park, FL. The property needs of a full $75,000 remodel, including a
new roof, AC, electrical, plumbing and full cosmetic updates.
Collateral:
Type: Fix and Lease
Description:
Borrower requested a $650,000 loan to purchase a single-family property in Tarpon Springs, Florida. The property being purchased features 2 beds and 2 baths at 2,188 sq/ft with a pool. The borrower is cross collateralizing another property in pristine condition, featuring 4 beds and 5 baths in 3,849 sq/ft with a pool. The borrower will be selling the property as an exit from the loan.
- Loan Amount: $650,000
- Date: March 2025