New Loan Funded!

1503 Santa Anita Dr, Lynn Haven, Fl 32444

Collateral:

1503 Santa Anita Dr, Lynn Haven, Fl 32444

Description:

Borrower requested a $120,000 loan to purchase a single-family property in Lynn Haven, Florida. The borrower paid $170,000 for the property and has a $26,000 construction budget planned including a new HVAC system and full cosmetic updates. The property was damaged during the last hurricane and was abandoned by the developer. The borrower plans to sell the property for a profit after the renovation is complete, ARV between $280,000-$300,000.

Collateral:

Type:

Description:

This is a $150,000 refinance loan request secured by a single-family residence located in Tampa, Florida. The subject property includes three bedrooms, two bathrooms, and approximately 1,200 square feet of living space. The borrower plans to refinance into a DSCR loan as an exit from the loan.

Collateral:

Type:

Description:

This is a $110,000 fix-and-flip loan request for a manufactured mobile home in Montverde, FL. The property features two bedrooms, two bathrooms, and 1,352 square feet of living space. Upon completion, the borrower intends to sell the property as an exit strategy for the loan.

Collateral:

Description:

This is a $495,000 loan request for acquiring two adjacent land parcels on Sligh Avenue in Tampa, Florida. The proposed homes will range from 3,200 to 3,600 square feet of livable space and are expected to feature modern architectural design, luxury finishes, lanais, pools, and other high-end amenities. The anticipated exit strategy is to transition into a construction loan with DKC Lending to sell the completed homes on the open market.