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 requested a $110,000 loan to complete construction of a single-family property in Lehigh, Florida. The property features 4 bedrooms and 3 bathrooms, 2,152 square feet of living space, and a 2-car garage on a 0.25-acre lot. Borrower plans to lease the property for an annual rental after the renovation and refinance as an exit to the loan.
- Loan Amount: $110,000
- Date: July, 2026
