New Loan Funded

Collateral:

2786 N 41st Avenue St Petersburg FL 33714

Description:

Borrower requested a $170,000 loan to purchase a single family home in St. Petersburg Fl. Borrower is a realtor and repeat client of DKC Lending. Borrower has a $20,000 renovation planned, primarily cosmetic, including paint, kitchen and bathroom updates, and will use their own capital. The roof was replaced in 2014 and needs minor repairs. Property is zoned multifamily.