Tampa, Florida

A bungalow with a second chapter

Single-family renovation · Fix & flip

Illustrative Florida tampa, florida property
Illustrative property photography
Illustrative transaction

The scenario, by the numbers.

Loan commitment$500,000
After-repair value$800,000
Project / purchase basis$625,000
Loan / stated value62.5%
Loan / project cost80.0%
Example term12 months
Example closing time8 days

Amounts, timing and outcomes are hypothetical examples. Project basis excludes unlisted financing and selling costs. Ratios use the stated valuation basis.

Deal story

The property. The plan. The exit.

The opportunity

An illustrative investor acquires a Tampa bungalow for $500,000 and budgets $125,000 for the renovation. A $375,000 purchase advance and $125,000 rehab holdback form the $500,000 commitment.

The planned exit

Renovate and sell. The completed-home image illustrates the intended finish, not a documented before-and-after.

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Fix & flip

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Illustrative estimates only. Default rates and leverage are assumptions, not offered terms. Actual proceeds, fees, underwriting and draw structures vary.

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