Deal Status

Active

Property Address

Tampa Florida

Requested Loan Amount

$750,000

Loan to Value

50%

Loan Term

12 months

Lien Position

1st

Collateral Type

Residential Property

Exit Strategy

Sale of Subject Property

Collateral and Loan Details

Property Type

Land

Owner Occupied

No

Loan Type

Purchase & Ground-Up Construction

Current Zoning

Residential Land

Entitlement Status

Not Entitled

Development Status

Planning to Develop Soon

Existing Improvements

Residential Structure

Generate Income

No

Multiple Parcels

No

Lot Size

2 acres

Will additional properties be collateralized?

No

Borrower Entity

Individual(s)

Borrower Credit Rating

Excellent

Comments

This is a private island that was purchased in Auction. The land is currently empty with the exception of an artisan well. The borrower is seeking 750k to build the place and then sell it.

Role

Consultant

Location

Florida

Use the form below to contact the Dealmaker