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:

Description:

This is a $200,000 new construction loan request secured by a single-family new construction project in Tampa, FL. The subject property will feature 3 bedrooms and 2 bathrooms, a 1-car garage with 1,176 square feet of living space. The borrower plans to refinance the property as an exit to this loan.

Collateral:

Description:

Borrower requested a $550,000 fix-and-lease loan request secured by a commercial property in

Clearwater, FL, and 2 ongoing construction projects consisting of single-family homes in Dunedin, FL. The primary exit strategy is to sell the property.

Collateral:

Description:

This request is for a $170,000 new construction loan, secured by a single-family residence in Dover, Florida. The planned improvements include a 1,849-square-foot home with three bedrooms, two bathrooms, an office, a two-car garage, and a covered lanai. The borrower primary exit strategy is to sell the property upon completion.