New Loan Funded!

86th Ave, Treasure Island, FL

Collateral:

86th Ave, Treasure Island, FL

Description:

This is a $400,000 refinance loan request for a quadplex in Treasure Island, FL, which the borrower owns free and clear. The property consists of four one-bedroom, one-bathroom units, each measuring 527 square feet, for a total living space of 2,108 square feet. Borrower plans to make monthly interest payments using the property’s cash flow and available reserves.

Collateral:

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Description:

This is a $120,000 refinance loan request secured by a single-family residence located in Jacksonville, FL. The home features four bedrooms, three bathrooms, approximately 4,845 square feet of living space, a three-car garage, an in-ground pool, and is situated on nearly a half-acre lot. As an exit strategy, the borrower is considering both refinancing into a 30-year conventional mortgage and the potential sale of the property.

Collateral:

Description:

This is a $145,000 Fix & Lease loan request for a returning client, secured by a double-wide mobile home located in Dover, Florida. The subject property is a 4-bedroom, 2-bathroom home offering 1,782 square feet of living space on a 1.44-acre lot. Borrower exit strategy is to refinance the property upon completion and stabilization of the rehab.

Collateral:

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Description:

This is a $200,000 TRID-compliant second mortgage loan request secured by a single-family residence located in Belleair, Florida. The home is a four-bedroom, three-bathroom property with a pool and 2,461 square feet of living space, a two-car garage, and sits on a 0.36-acre lot. Borrower intended exit strategy is to refinance the property and consolidate both the first and second mortgages.