Single Family Residential

Project Description

Largo, Fl

WLW Capital (“WLW”) provided a commercial fix and lease loan to experienced borrower. Borrower pledged this cash flowing, fully occupied duplex, in Largo Florida as collateral for the loan. Each unit features a 2 bedrooms and 1 bath, renting at $950/month.  Borrower plans to use loan proceeds to complete improvements on the subject property.

Loan Amount: $45,000
Loan To Value: 24%
Term: 2 years
Type: Fix and Lease