New Loan Funded!

1379 S Martin Luther King Jr Ave, Clearwater

Collateral:

1379 S Martin Luther King Jr Ave, Clearwater

Description:

Borrower requested a $255,000 loan to purchase a fully occupied triplex in Clearwater, Florida. The borrower paid $425,000 for the property and has no construction budget planned, as the property has been remodeled, including a remodel permit, new roof and AC. The property currently rents for a combined $3,100 / month in rental income. The borrower plans to continue leasing the property as an annual rental and refinance as an exit to the loan. A recent appraisal is available at a $425,000 value.

Collateral:

Type:

Description:

Borrower requested a $142,000 loan to purchase a single-family property in Weeki Wachee, Florida. The property features 3 beds and 2 baths at 1,516 sq/ft sitting on a 8,800 sq/ft lot. Borrower plans to list the property for sale after the renovation as an exit to the loan.

Collateral:

Type:

Description:

Borrower requested a $288,000 loan to purchase a single-family property in Delray Beach, Florida. The property features 3 beds and 2 baths at 1,498 sq/ft. The borrower has a rehab budget planned and will either sell the property or lease as a long-term rental.

Collateral:

Description:

Borrower requested a $105,000 loan to purchase a single-family property in Tampa, Florida. The property features 2 beds and 1 baths at 821 sq/ft. The borrower plans to renovate the property and refinance as an exit to the loan.