This is a $150,000 new construction loan request for a single-family waterfront property in Hernando Beach, FL. Upon completion, the property will feature two bedrooms, two bathrooms, and 1,231 square feet of living space across two stories. It is hurricane-resistant, elevated on concrete pillars 10 feet above sea level, with the first floor 22 feet above sea level. The borrower, plans to list the completed property as his exit strategy for the loan.
Collateral:
Type: Refinance
Description:
This is a $100,000 refinance loan request secured by a single-family property located in Odessa, FL. The subject property, built in 2023, features 4 bedrooms, 3.5 bathrooms, and 3,038 square feet of living space. The exit strategy is the sale of the property
- Loan Amount: $100,000
- Date: April 2026
