Deal Status

Active

Property Address

2114 W Palmetto St

Tampa, Florida

33607

Requested Loan Amount

131600

Loan to Value

70

Loan Term

10

Lien Position

1st

Collateral Type

Residential Property

Exit Strategy

Refinance

Property Type

Single Family Residence

Number of Bedrooms

3

Number of Bathrooms

2

Property Occupied

No

Loan Type

Refinance

Existing Mortgages

  • 1st

Equity Cash Out

Yes

Equity Cash Out Purpose

Improve Subject Property

Equity Cash Out Details

Payoff existing mortgage, bring property taxes current. Relative gave property to current owners. It is on a yearly lease for $1100/month.

Appraisal

Yes

Appraisal Date

06/03/2020

APN Parcel ID

A-14-29-18-4PQ-000029-00004.0

Will additional properties be collateralized?

No

Borrower Entity

Individual(s)

Borrower Credit Rating

Average

Comments

Current appraisal available by request.

First Name

Robb

Last Name

Mercado

Company

Alternative Lending & Investments Group LLC

Role

Commercial Lender

Location

Tampa
Florida
USA