Project Description
Valrico, Fl
WLW provided borrower with a cash out refinance loan on a rental property in Valrico, Fl. The home on Miller Rd is tenant occupied and had been recently updated with a new HVAC system, as well as an updated kitchen, bath and flooring. This 1,896 sq/ft home sits on almost a half acre lot. Borrower intends to complete another rehab project with the additional capital.
Loan Amount: $130,000
Loan To Value: 68%
Term: 2 years
Type: Cash Out Refinance