Project Description

Tampa, Fl

WLW Capital (“WLW”) provided a commercial fix and lease loan for an experienced real estate investor in Tampa Bay.  Borrower pledged this 3 bed, 2 bath, single family home, near the Hillsborough River as collateral for the mortgage. Borrower plans to renovate the property with their own funds, with the intent of leasing the property for long term rent.

Loan Amount: $60,000
Loan To Value: 50%
Term: 2 years
Type: Fix and Lease