This is a $200,000 refinance loan request secured by a 1.18-acre vacant land parcel located in Tampa, Florida. The primary exit strategy is to proceed with vertical construction across multiple lots upon completion of plans and permit approvals, with the intention of securing construction financing.
Collateral:
Type: Refinance
Description:
Borrower is requesting a $325,000 loan secured by a single-family property in Tampa, Florida. The property features 9 bedrooms, 5 bathrooms, 4,010 heated square feet, and sits on a 16,496-square-foot lot while being rented for $9,000 per month. The borrower plans to refinance the loan as exit strategy.
- Loan Amount: $325,000
- Date: September 2026
