WLW Capital (“WLW”) provided a cash out refinance loan to an experienced investor, who pledged 2 free and clear properties as collateral for the loan. The 1st property is a 10,000 sq/ft warehouse in Bradenton Florida, fully occupied with tenants. The 2nd is a parcel of land in Brandon Florida, featuring a satellite tower with a lease in place. Borrower plans to make improvements to the Warehouse property in order to maximize the ROI with the loan proceeds.
Loan Amount: $200,000
Loan To Value: 25%
Term: 2 Year
Type: Cash Out Refinance Commercial