Borrower requested a $620,000 loan to refinance a single-family residence located in Tampa. The home featured 4 bedrooms, 3 bathrooms, and 2,339 square feet of living space. The borrower has since expanded the property to 4 bedrooms, 4 bathrooms, and approximately 2,800 square feet, along with an in-ground pool. The borrower is open to multiple exit strategies, including a sale or refinance.
Type: Fix & Flip
The borrower requested a $130,000 fix-and-flip loan secured by a single-family home in Pensacola, FL. The property currently features 3 bedrooms, 2 bathrooms, and 1,328 square feet of living space on a 1-acre lot. The borrower is also collateralizing a separate, free-and-clear single-family home. This property, built in 1992, sits on 0.42 acres and includes 3 bedrooms, 2 bathrooms, and 1,431 square feet of living space. The borrower’s exit strategy is to sell the property.
Type: New Construction
This request is for a $600,000 new construction loan, secured by a 10,000 SF ground-up commercial retail development at Quincy, Florida. The primary exit strategy is stabilization followed by refinance, with asset disposition as a secondary option.
DKC Lending offers hard money lending services to real estate investors in Florida and select cities across the country. We provide borrowers with personalized loan consultation services and funding. DKC Lending also offers loan servicing for mortgage investors.
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