Address: Pinellas Park, FL 33782
ARV: $300,000 (As-is)
Loan Amount: $110,000
Loan Structure: 12 Months Interest Only
Interest Rate: 13%
LTV 36%
Loan Purpose: Cash Out
Funded June 11, 2025
At HML Solutions, we help borrowers move quickly when opportunity knocks.
This single-family home in Pinellas Park, Florida features 4 bedrooms, 2 bathrooms, and more than 1,100 square feet of living space on a 5,663-square-foot lot. The property was recently purchased for $319,000 and served as the foundation for the borrower’s next investment venture.
After acquiring a separate lot for a new construction project, the borrower needed immediate access to capital to begin development and keep the project on schedule. Traditional financing wasn’t fast enough, so they turned to HML Solutions.
We quickly funded a $110,000 loan, providing the liquidity needed to break ground without delays. By leveraging the equity in their primary residence, the borrower was able to move forward with confidence and capitalize on a time-sensitive opportunity.
Today, construction is underway, and the borrower is positioned to complete the project and bring a new asset to market for a profitable sale.
