Borrower requested a $280,000 loan to refinance a .96 acre commercial property in Valrico, Florida. The property features two key buildings (1 SFR & 1 MFMH and a series of 9 storage sheds and an RV pad with the building total of 2,928 GSF (2,574 GLA) as reflected on the county property appraisers’ records DKC has a certified appraisal at $536,000 for the property as-is.
Collateral:
Type: Refinance
Description:
The borrower is requesting a $200,000 loan secured by a 3/2 single-family home. The borrower’s exit strategy is to refinance into a DSCR loan once the property has established rental history.
- Loan Amount: $200,000
- Date: June 2026
