Borrower requested a $78,400 loan, to purchase a single-family, fix and flip property in Gainesville, Florida. Borrower plans to complete a 30 day renovation before selling the property for a profit. Borrower is an experienced investor.
Collateral:
Type: New Construction
Description:
Borrower has requested $125,000 to complete construction of a two-story, wood-frame duplex in Augusta, GA. Each unit of the duplex will offer 1,580 square feet of living space, with 794 square feet on the first floor and 786 square feet on the second. The borrower’s primary exit strategy is to sell the completed duplex.
- Loan Amount: $125,000
- Date: October 2026
