New Loan Funded!

1401 Arthur Ave Panama City, FL 32401

Collateral:

1401 Arthur Ave Panama City, FL 32401

Description:

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:

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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:

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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.