New Loan Funded!

0 Pritchard Rd, Jacksonville, FL 32220 & 52 Industrial Road, Elizabethtown, Pa 17022

Collateral:

0 Pritchard Rd, Jacksonville, FL 32220 & 52 Industrial Road, Elizabethtown, Pa 17022

Description:

Borrower requested a $3,500,000 loan to purchase commercial land in Jacksonville, Florida, while additionally pledging an industrial property in Elizabethtown Pennsylvania. The borrower is purchasing the property for $3,250,000 and plans to parcel the property and sell a portion of the land while developing the other portion. The borrower owns a food refrigeration company and is an experienced real estate investor. A recent appraisal is available.

Collateral:

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Description:

The borrower requested a $300,000 loan to refinance the property located at Larry Rd, Spring Hill, FL. This property has 2 manufactured homes retired to the land. The borrower is pledging additional collateral located at 60th St, Tampa, FL. The borrower has proven liquidity and plans to repay this loan at maturity.

Collateral:

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Description:

The borrower is seeking a $100,000 new construction loan for a single-family home in Rotonda West, FL. The property will feature three bedrooms, two bathrooms, 1,588 sq. ft. of living space, and a two-car garage. The borrower intends to sell the property as the primary exit strategy.

Collateral:

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Description:

This is a $215,000 refinance loan request for a single-family property in Tampa, FL. It comprises five bedrooms, three bathrooms, and 2,163 square feet of living space, including a two-car covered carport. As an exit strategy, the borrower plans to refinance the subject property to a Debt Service Coverage Ratio (DSCR) refinance loan.