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: Fix and Lease
Description:
This is a $5,350,000 loan request secured by two luxury single-family residences in Belleair, Florida; one commercial warehouse in Clearwater, Florida. The property is a luxury waterfront estate built in 2007 featuring 4 bedrooms, 6 bathrooms, a 3-car garage, and approximately 8,068 square feet of living area. The anticipated exit strategy for the loan includes the future sale of the borrower’s current primary residence.
- Loan Amount: $5,350,000
- Date: May 2026
