Borrower requested a $120,000 loan, to purchase a single-family property in Tampa, Florida. The borrower payed $175,000 for the property and has a $125,000 construction budget planned that includes adding a second story to the existing structure. Borrower has completed multiple real estate projects with DKC including ongoing development projects.
Collateral:
Type: Refinance
Description:
Borrower requested a $130,000 loan to refinance a single-family property in Clearwater, Florida. The property features 3 beds and 2 baths at 1,858 sq/ft. The borrower has the property listed for sale and will sell the property as an exit to the loan.
- Loan Amount: $130,000
- Date: April 2024
