New Loan Funded!

1809 N 34th St, Tampa, FL 33605

Collateral:

1809 N 34th St, Tampa, FL 33605

Description:

Borrower requested a $408,000 loan to refinance a commercial laundry mat in Tampa, Florida. The borrower purchased the property in 2019 for $370,000 and spent $75,000 on building improvements and $150,000 on laundry machines. The property is now a fully operational laundry mat cash flowing and profitable each month. The borrower is an experienced, repeat investor with an extensive rental portfolio and has operated and sold multiple businesses in the automotive industry.

Collateral:

67th Ave N, Pinellas Park, FL 33781

Description:

Borrower requested a $200,000 loan to refinance a single-family property in Pinellas Park, Florida. The property needs a full renovation and features 4 beds and 2 baths at 1,198 sq/ft. The borrower is either listing the property for sale or lease and then refinance as an exit to the loan.

Collateral:

Type:

Lake Palm Dr, Tallahassee, FL 32310

Description:

Borrower requested a $40,000 loan to purchase a single-family property in Tallahassee, Florida. The property features 3 beds and 2 baths at 940 sq/ft sitting on a 5,227 sq/ft lot. The borrower plans to list the property for sale after the renovation is complete as an exit to this loan.