Borrower requested a $1,300,000 loan to refinance a duplex property in Pompano Beach, Florida. The property features 2 units, each with 3 beds and 3.5 baths at 5,702 total sq/ft. The borrower plans to complete a full rehab and then sell the property as an exit to the loan.
Collateral:
Type: Refinance
Description:
Borrower requested a $130,000 loan to refinance a single-family property in Clearwater, Florida. The property features 3 beds and 2 baths at 1,858 sq/ft. The borrower has the property listed for sale and will sell the property as an exit to the loan.
- Loan Amount: $130,000
- Date: April 2024