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: Refinance
Description:
The borrower is requesting a $125,000 first-lien refinance secured by a vacant lakefront parcel located on Lakeside Dr.,Lutz, FL. The collateral consists of a 0.42-acre irregular-shaped unimproved lot with approximately 80 linear feet of direct frontage on a private ski lake. The borrower’s exit strategy is an o sale of the subject parcel.
- Loan Amount: $125,000
- Date: September 2026
