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:
Type: New Construction
Description:
This is a $480,000 new construction loan request, with $200,000 funded at closing, secured by a non-waterfront single-family-zoned lot in Redington Shores, Florida. The project will consist of a three-story, coastal-style home featuring three bedrooms, three bathrooms, approximately 2,072 heated square feet, and a two-car garage. The primary exit strategy is a retail sale.
- Loan Amount: $480,000
- Date: February 2026
