This is a $94,000 fix-and-lease loan secured by a double-wide mobile home located in the Highlands Meadows area of Spring Hill, Florida. The home features three bedrooms, two bathrooms, and approximately 1,800 square feet of living area and is currently in poor condition. The primary exit strategies of borrower is to loan refinance or cash repayment.
Collateral:
Type: Fix and Flip
Description:
This is a $305,000 acquisition (land) loan secured by a tear-down single- family property located in Clearwater Beach, Florida. The subject property sits on a 0.16-acre lot (7,083 square feet) in a flood zone. The primary exit strategy for this loan is to build and sell a new construciton property.
- Loan Amount: $305,000
- Date: January 2026
