New Loan Funded!

102 Forest Park Ave, Templo Terrace, FL 33617

Collateral:

102 Forest Park Ave, Templo Terrace, FL 33617

Description:

Borrower requested a $250,000 loan to purchase a single family property in Temple Terrace, Florida. Property is a 3 bed 2 bath a 1,915 sq/ft. The borrower paid $307,000 for the property and has a $68,000 construction budget planned in which DKC Lending will have a $35,000 construction holdback.

Collateral:

Description:

This is a $260,000 new construction loan request on a duplex located in Port Charlotte, FL, with an initial disbursement of $60,000 at closing. Upon completion, the property will consist of two units, each featuring 3 bedrooms, 2 bathrooms, 1,247 square feet of living space, and a 1-car garage. The borrower intends to refinance the property as the primary exit strategy.

Collateral:

Description:

This is a $240,000 new construction loan request for a duplex located in Port Charlotte, FL, with an initial disbursement of $60,000 at closing. Upon completion, the property will feature two units, each with 3 bedrooms, 2 bathrooms, 1,247 square feet of living space, and a 1-car garage. The borrower intends to refinance the property as the primary exit strategy.

Collateral:

Type:

Description:

This is a $130,000 refinance loan request, with $75,000 to be disbursed at closing, secured by a single-family residence located in Fort Myers, FL. The property consists of three bedrooms, one bathroom, 1,144 square feet of living space, and includes a one-car garage. Upon stabilization, the borrower plans to refinance into a DSCR loan and is financially qualified to do so.