The borrower requested a $1,200,000 loan to refinance a legal 11 unit multifamily property in Latana, Florida. The borrower was previously the tenant and ran a drug rehabilitation & wellness center. The borrower then purchased the property for $1,600,000 and is midway through a $400,000 renovation to increase the bed count of the facility.
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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