New Loan Funded!

1435 Flanders Dr, Jacksonville, FL 32207

Collateral:

1435 Flanders Dr, Jacksonville, FL 32207

Description:

Borrower requested a $315,000 loan ($245,000 acquisition financing and $70,000 construction financing) to purchase a single-family property in Jacksonville, Florida. The borrower paid $350,000 for the property and has an extensive $140,000 construction budget planned. Borrower is partnering with a licensed general contractor and plans to sell the property for a profit after the renovation is completed.

Collateral:

Type:

Description:

This is a $540,000 new construction loan request from a returning DKC Lending borrower. Once finished, the property will feature four bedrooms, four bathrooms, a three-car garage, a boat dock, a boat lift, and 2,404 square feet of living space. The borrower primary exit strategy for this loan is to sell the property.

Collateral:

Type:

Description:

The borrower requested a $1.2M loan to refinance a single-family property and a vacant piece of land in North Miami, Florida. The single-family property features 7 bedrooms, 4 bathrooms, and 4,534 square feet of living space. The borrower is planning to renovate the SFR and then refinance as an exit to the loan.

Collateral:

Description:

This request is for a $200,000 new construction loan for a single-family home in Kissimmee, Florida. The property will feature three bedrooms, two bathrooms, 1,333 square feet of living space, and a two-car garage upon completion. The exit strategy for this loan is a DSCR refinance.