New Loan Funded!

Ballmont Park, Odessa, FL

Collateral:

Ballmont Park, Odessa, FL

Description:

This request is for a $4,000,000 refinance loan secured by a luxury single-family residence located in Odessa, Florida. The property offers approximately 13,168 square feet of living space, including 8 bedrooms, 5 bathrooms, 2 full interior kitchens, an outdoor kitchen and entertainment area, a 4-car garage, a gym, office space, a movie theater, and an in-ground pool with a lazy river. Borrower is currently pursuing conventional bank financing to refinance select properties and restructure existing hard money debt with DKC.

Collateral:

Description:

Borrower has requested $125,000 to complete construction of a two-story, wood-frame duplex in Augusta, GA. Each unit of the duplex will offer 1,580 square feet of living space, with 794 square feet on the first floor and 786 square feet on the second. The borrower’s primary exit strategy is to sell the completed duplex.

Collateral:

Type:

Description:

Borrower requested a $190,000 loan modification to purchase a single-family property in Milton, FL. The property features 4 bedrooms and 3 bathrooms at 1,877 square feet of living space on 1.03 acres. The borrower plans to sell both homes as an exit strategy.

Collateral:

Description:

Borrower requested a $160,000 Fix & Lease loan secured by a single-family property in Zephyrhills, FL. The home features 2 bedrooms, 1.5 bathrooms with 1,080 square feet of living space, a 1 car garage and an inground pool on 0.22 acres. Once the renovations are complete, the borrower intends to refinance into a DSCR loan as the main exit strategy. As a secondary exit the borrower is open to selling the home.