Address: Myer Ave, Leesburg, FL 34748
ARV: $274,000 (As-is)
Loan Amount: $100,000.00
Loan Structure: 12 Months Interest Only
Interest Rate: % 13
LTV 40%
Loan Purpose: Cash-out Refi
Funded January 6, 2026
Located on Myer Ave and S Lone Oak Dr in Leesburg, these two single-family rental properties serve as stable, income-producing assets within an established residential market. Each property averages approximately 1,100–1,400 sq ft of living space on 7,000–12,000 sq ft lots. With a combined estimated value of $274,000, both homes are currently leased at approximately $1,200 per month, providing consistent cash flow and strong rental performance.
The investor owned both properties free and clear and was looking to leverage his equity to continue expanding his portfolio. With a new acquisition opportunity on the table, he needed fast, reliable capital without disrupting existing income.
HML Solutions structured a collateral-based loan at 40% LTV, combining both properties to unlock equity efficiently. We delivered a streamlined process and closed in just 8 days, allowing the investor to quickly access capital, secure his next rental property, and continue scaling his portfolio.
