New Loan Funded!

95 Schneider Dr, Ft Myers, FL 33905

Collateral:

95 Schneider Dr, Ft Myers, FL 33905

Description:

Borrower requested a $300,000 loan to refinance a single-family property in Ft Myers, Florida. The property was listed for sale for $865,000 before hurricane lan, since then the property experienced wind and flood damage in the storm and is in need of $200,000+ in remediation. The property features 4 beds and 3 baths at 2,846 sq/ft and was previously being operated as an Airbnb. Borrower plans to sell the property as an exit to the loan.

Collateral:

Type:

Description:

This is a $100,000 refinance loan request at 50% loan-to-value (LTV), secured by a Lake Worth, Florida condominium unit. The property has two bedrooms, two and a half bathrooms, and approximately 1,500 square feet of living space. Borrower plans to complete the renovation and exit the loan through a conventional property sale.

Collateral:

Description:

This is a $180,000 new construction loan request. The loan is secured by a single-family residence in Winter Haven, Florida. Upon completion, the property will comprise three bedrooms and 2.5 bathrooms, totaling 1,536 square feet of living space. The design features two stories, with 625 square feet on the first level and 901 square feet on the second. Borrower intended exit strategy is a DSCR-based refinance.

Collateral:

Description:

This is a $255,000 new construction loan request for a duplex located in Lake Wales, FL. The proposed duplex will consist of two units, each featuring three bedrooms, two bathrooms, and approximately 1,005 square feet of living space, totaling six bedrooms, four bathrooms, and 2,010 square feet of combined living space. Borrower’s refinancing strategy is designed to manage debt and cash flow based on rental income.