An experienced investor requested a fix and flip loan on a single-family property in Panama City, Florida. The property suffered damage in the previous hurricane and is in need of a complete renovation including a new roof, AC, and full cosmetics. Borrower plans to spend $107,000 on construction, and DKC Lending will provide a draw schedule. Property is in an upcoming area of Panama City with an anticipated ARV of around $250,000.
Collateral:
Type: Refinance
Description:
This request is for a $400,000 refinance loan secured by a single-family residence located in the Walden Lake Community in Plant City, Florida. The property features three bedrooms, five bathrooms, and an executive office that can also serve as an additional bedroom. The residence offers 4,444 square feet of living space on a 0.37-acre lot and is situated directly on a private golf course. Borrower exit strategy is to refinance into a DSCR loan after liquidating other investments.
- Loan Amount: $400,000
- Date: October 2025