Project Description

St.Petersburg, Fl

WLW Capital (“WLW”) provided a commercial cash out refinance loan to borrower. Borrower pledged this 1,336 sqft, 3 bed, 1 bath SFR outside of downtown St.Petersburg as collateral for the loan. The property is tenant occupied, and currently under lease. Borrower used the loan proceeds to grow a separate business they own.

Loan Amount: $100,000
Loan To Value: 53%
Term: 1 year
Type: Cash Out Refinance