Borrower requested a $265,000 loan to purchase and remodel a triplex in Mulberry Florida, while additionally pledging a cash flowing single family rental property in Lakeland, Florida as collateral for the loan. The Triplex is being purchased for $190,000 and has a $50,000 remodel planned. The cash flowing lakeland property is rented for $2,500/month.
Private hard money lender, DKC Lending offers hard money lending services to real estate investors in Tampa, Florida. We provide borrowers with personalized loan origination services and funding. DKC Lending also offers loan servicing for mortgage investors.
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