Project Description
Tampa, FL
WLW Capital (“WLW”) provided a commercial fix and lease loan to borrower. Borrower pledged this move in ready, 4 bed 3 bath, property near Port of Tampa, as collateral for the loan. Borrower plans to use loan proceeds to renovate subject property, which can be turned into a multiple unit rental property.
Loan Amount: $127,600
Loan To Value: 77%
Term: 1 year
Type: Fix and Lease