New Loan Funded!

6070 E Tenison St, Inverness Fl 34452 & 7315 Broadway Avenue E, Tampa, FL 33619

Collateral:

6070 E Tenison St, Inverness Fl 34452 & 7315 Broadway Avenue E, Tampa, FL 33619

Description:

Borrower requested a $350,000 loan to purchase a single family property in Inverness FL, that is currently being operated as a bed and breakfast. Additionally, the borrower is pledging a mixed use property located in Tampa, FL as collateral for the loan. The SFR features 3,134 SqFt, and 3 bed 4 baths, while the mixed use property features 2 main buildings and 4 tenants for a combined $6,400/month.

Collateral:

Type:

Description:

This is a $60,000 refinance loan request secured by a free-and-clear single-family home located in Lehigh Acres, Florida. The subject property is a 3-bedroom, 1-bathroom residence offering 920 square feet of living space. The primary exit strategy for the loan is repayment through cash flow from business and secondary option is to refinance into a DSCR loan if additional time is needed.

Collateral:

Description:

The borrower requested a $50,000 Fix & Lease loan secured by a condominium in Largo, FL. The subject property features 1 bedroom, 1.5 bathrooms, and 715 living square feet. The borrower’s exit strategy is to refinance upon lease stabilization.

Collateral:

Type:

Description:

This request is for a $60,000 refinance loan secured by a condominium property located in Zephyrhills, Florida. The collateral is a 2-bedroom, 2-bathroom unit with total 876 square feet. Borrower exit strategy for this loan is to sell the Zephyrhills property upon expiration of the lease.