This request is for a $390,000 bridge loan to acquire a single-family property in Belleair, FL. The existing structure will be demolished to make way for a newly constructed luxury single-family residence. The lot measures approximately 9,200 square feet. The borrower has already secured construction financing to pay off the DKC Lending bridge loan.
Collateral:
Type: New Construction
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.
- Loan Amount: $125,000
- Date: October 2026