Borrower requested a $100,000 loan to purchase a condominium in Tampa, Florida. The borrower is paying $175,000 for the property, which was recently renovated and is rent-ready. The property features 2 beds and 2.5 baths at 1,138 sq/ft. Borrower plans to lease the property as an annual rental and refinance as an exit to the loan.
Type: Fix and Lease
Borrower requested a $1,319,000 loan to purchase a single-family property in Naples, Florida. The borrower is additionally pledging a free and clear property in Tampa Fl as collateral for the loan. The borrower will be selling the San Rafael property as an exit to the loan.