New Loan Funded!

1001 NE 1st Mulberry Fl 33860 & 2150 Limedale Rd, Lakeland Fl 33809

Collateral:

1001 NE 1st Mulberry Fl 33860 & 2150 Limedale Rd, Lakeland Fl 33809

Description:

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.

Collateral:

Type:

Description:

This is a $70,000 refinance loan request, secured by a single-family residence located in Panama City, Florida. The subject property was built in 1952 and consists of a 4-bedroom, 3-bathroom home with a one-car garage, totaling 2,416 square feet, along with an oversized detached garage, situated on one acre of land. Borrower exit strategy is to either retain the property as employee rental or sell the property.

Collateral:

Type:

Description:

This is a $115,000 refinance loan request secured by a single-family property in Spring Hill, Florida. The property is a two-story, 4-bedroom, 3-bathroom home with an office, totaling 2,356 sq. ft., built in 2003. The primary strategy upon completing the rehab is to sell the property.

Collateral:

Type:

Description:

The borrower is requesting an $80,000 refinance loan secured by a single-family property in Winter Haven, Florida. The home features 2 bedrooms, 2 bathrooms, 1,693 square feet of living space, and a 2-car garage. Borrower’s exit strategy is to refinance into long-term financing.