Project Description

Belleair, Fl

WLW Capital (“WLW”) provided a commercial cash out refinance loan, with a construction draw schedule for an experienced real estate investor and contractor in Belleair, Florida.  Borrower pledged this single family residence as collateral for the mortgage, with plans for an extensive renovation. Borrower will be adding a bedroom, a bathroom and vaulting the ceilings, among other renovations.

Loan Amount: $250,000
Loan To Value: 40%
Term: 1 year
Type: Cash Out Refinance