New Loan Funded!

5123 Brookside Lane New Port Richey, FI, 34655

Collateral:

5123 Brookside Lane New Port Richey, FI, 34655

Description:

Borrower requested a $122,000 loan to purchase a single-family property in New Port Richey, Florida. The borrower paid $175,000 for the property and has a $10,000 construction budget planned, all cosmetic. The property features 2 beds and 1 baths at 1,011 sq/ft, estimated ARV of $225,000. Borrower intends to lease the property as an annual rental after the renovation before refinancing as an exit to the loan.

Collateral:

Type:

Description:

This is a $350,000 refinance loan request secured by two residential dwellings on a single 1.5-acre parcel in Kissimmee, FL. The main residence at Cahokia Ct is a single-family home with four bedrooms, three bathrooms, approximately 2,977 square feet of living space, and an in-ground pool. The second dwelling was newly constructed in 2024 on the same parcel. This structure includes three bedrooms, one bathroom, approximately 1,300 square feet of living space, and a one-car garage. The proposed exit strategy for this loan is to refinance the subject property into a DSCR loan.

Collateral:

Type:

Description:

This is a $150,000 refinance loan request at 60% LTV for a single-family residential property in Tampa, Florida. The home features two bedrooms, one bathroom, 788 square feet of living space, and a pool on a corner lot. The primary plan for this loan is to acquire a new investment property, complete the project, and use the proceeds from the sale to pay off the subject property in full.

Collateral:

Type:

Description:

This is a $150,000 refinance loan request secured by a single-family residence located in Tampa, Florida. The subject property includes three bedrooms, two bathrooms, and approximately 1,200 square feet of living space. The borrower plans to refinance into a DSCR loan as an exit from the loan.