This is an $87,000 refinance loan request secured by a single-family home located in Sarasota, FL. The subject property features 2 bedrooms, 1 bathroom, and 616 square feet of living space. The borrower plans to refinance in a DSCR program as an exit to this loan.
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