Borrower requested a $150,000 loan to purchase a single-family, fix and flip in Palm Harbor, Florida. The borrower paid $270,000 for the property and has a minor cosmetic $15,000 renovation planned. Borrower works for a construction company and will be performing the majority of the work himself. Borrower has closed 6+ loans with DKC in the last 12 months.
Collateral:
Type: Refinance
Description:
This request is for a $110,000 refinance loan secured by a single-family residence located in Palmetto, Florida. The subject property was built in 2001 and consists of a 3-bedroom, 2-bathroom home with 1,060 square feet of living area and a one-car garage. Borrower will refinance as the loan’s exit strategy.
- Loan Amount: $110,000
- Date: January 2026
