New Loan Funded!

1169 Kingsley St, Clearwater, FL 33756

Collateral:

1169 Kingsley St, Clearwater, FL 33756

Description:

Borrower requested a $258,000 loan to purchase a single-family property that includes an efficiency suite and two additional, adjoining vacant lots in Clearwater, Florida. The borrower paid $345,000 for the property and has a $75,000+ construction budget planned for the existing property, that features 2 beds and 2 baths at 1500 sq/ft. Borrower plans to remodel the existing home and efficiency, and to build two smaller new construction homes on the adjoining vacant lots with his own capital.

Collateral:

Type:

Description:

This is a $155,000 refinance loan request, secured by a single-family residence located in Jacksonville, Florida. The subject property is a 3-bedroom, 2-bathroom home with 1,545 square feet of living area, a 1-car garage and an inground pool. The borrower will list the property for sale as the exit strategy to repay the loan in full.

Collateral:

Type:

Description:

This request is for a $200,000 fix-and-flip loan, secured by a waterfront single-family home located in Port Charlotte, Florida. The property consists of three bedrooms, three bathrooms, and 2,170 square feet of living space across two stories, along with a two-car garage. The borrower intends to repay the loan with proceeds from other investments once finalized, or refinance into long-term debt as an alternative exit strategy.

Collateral:

Type:

Description:

Borrower requested a $320,000 loan to refinance a Mobile Home Park with 5 mobile homes in Spring Hill, Florida. The properties are leased and the units are as follows:

●MH 1 – 1,200 sq. ft., 3 bed / 2 bath

●MH 2 – 774 sq. ft., 3 bed / 2 bath

●MH 3 – 784 sq. ft., 3 bed / 2 bath

●MH4 – 607 sq. ft., 2 bed / 1 bath

●MH5 – 796 sq. ft., 3 bed / 2 bath

The borrower plans to refinance as a means of exiting the loan.