New Loan Funded!

1337 SW Bellevue Ave, Port Saint Lucie, FL

Collateral:

1337 SW Bellevue Ave, Port Saint Lucie, FL

Description:

Borrower requested a $126,000 loan to purchase a single family property in Port Saint Lucie, Florida. The property is being purchased for $180,000 with the intent of completing a $27,500 remodel (borrower using their own capital for the renovations) before selling the home for a profit. Improvements include a new HVAC system, Roof replacement and a complete cosmetic upgrade. The borrower is a licensed general contractor and will be performing the work himself.

Collateral:

Type:

Description:

Borrower requested a $125,000 loan to refinance a single-family property located in Deltona,
Florida. The property features 4 beds and 2 baths at 1,668 sq/ft. The property is currently leased as an annual rental. Borrower plans to refinance as an exit to the loan.

Collateral:

Type:

Description:

Borrower requested a $90,000 loan to purchase a single-family property in Jacksonville, Florida. The borrower plans to renovate the property and sell as an exit to the loan. The property features 4 beds and 2 baths at 1,566 sq/ft, with a detached mother in law suite.

Collateral:

Description:

Borrower requested a $337,000 loan to purchase a commercial property in Gulfport, Florida. The property is currently leased and operated as a K-5 school, owned by a local church. Borrower plans to convert the property into a wellness center once the lease expires, increasing cashflow and then refinancing as an exit to the loan.