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:

Type:

Description:

This is a $400,000 refinance loan request for a quadplex in Treasure Island, FL, which the borrower owns free and clear. The property consists of four one-bedroom, one-bathroom units, each measuring 527 square feet, for a total living space of 2,108 square feet. Borrower plans to make monthly interest payments using the property’s cash flow and available reserves.

Collateral:

Type:

Description:

This is a $200,000 refinance loan request for a single-family property located in Tampa, Florida. The property features three bedrooms, two bathrooms, a one-car garage, and 1,425 square feet of living space. The borrower intends to refinance the loan using a DSCR loan as an exit strategy.

Collateral:

Description:

This is a $186,000 fix-and-lease loan request ($161,000 at closing) for a single-family property in Tampa, FL. The home features three bedrooms, two bathrooms, and 1,288 square feet of living space. It has already been gutted and reframed, with partially completed bathrooms and flooring. The borrower plans to refinance through a DSCR loan as the exit strategy.