Project Description
Tampa, FL
WLW Capital (“WLW”) provided a commercial fix and lease loan to experienced borrower. Borrower pledged this, 3 bed 1 bath, rental property in South Tampa as collateral for the loan. Borrower plans to use loan proceeds to complete the renovation on the subject property, then lease the investment property for cashflow.
Loan Amount: $116,000
Loan To Value: 77%
Term: 1 year
Type: Fix and Lease