New Loan Funded!

11240 & 11220 3rd St E Treasure Island A 33706

Collateral:

11240 & 11220 3rd St E Treasure Island A 33706

Description:

Borrower requested a $1,500,000 loan to purchase a quadruplex in Treasure Island, Fl. The borrower paid $2,500,000 for the property that features 4 total units that each feature 1 bed and 1 bath at 510 sq/ft. The units are within walking distance to the beach and the borrower plans to lease these as long term rentals.

Collateral:

Description:

This is a $200,000 new construction loan request for a single-family home located in Fort Myers, FL. Upon completion, the property will comprise two separate structures: the main residence, which features seven bedrooms and six bathrooms across 1,837 heated square feet, and a 550-square-foot studio suite, totaling 2,387 square feet of heated living area. Borrower exit strategy for this particular property is a long-term hold, with plans to refinance using a debt-service coverage ratio (DSCR) loan.

Collateral:

Type:

Description:

This is a $1,350,000 refinance loan request, secured by a 12-unit multifamily property located in Tampa, Florida. The property sits on 0.54 acres and is comprised of three separate buildings totaling 11,658 square feet. The unit mix includes three 3-bedroom/1-bath units, eight 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit, with 13 designated parking spaces. The borrower plans to refinance to long-term debt as an exit to the loan.

Collateral:

Description:

This is a $380,000 new construction loan request for a duplex property located in St. Petersburg, FL. Upon completion, each unit will feature three bedrooms, one bathroom, and approximately 1,005 square feet of living space. The property sits on a double lot with road access from both sides. The borrower’s primary objective is to refinance and retain the property as a long-term investment.