WLW Capital (“WLW”) provided a Residential Cash Out Refinance and Fix n Lease loan to an experienced borrower. Borrower purchased a renovated 2 bed, 2 bath bungalow home in Seminole Heights Tampa, and added an additional free and clear single family property in South Tampa as further collateral for this loan. Borrower plans to cash flow and lease out the seminole heights property, as well as make improvements to the South Tampa property.
Loan Amount: $110,000
Loan To Value: 26%
Term: 2 Years
Type: Cash Out Refinance and Fix and Lease Residential