This request is for a $125,000 refinance loan secured by a town home located in Hollywood, Florida. The subject property consists of three bedrooms, 2.5 bathrooms, and approximately 1,326 square feet of living space. Borrower’s primary objective is to strengthen his credit profile by eliminating high-interest revolving debt and positioning himself to refinance into
long-term, lower-interest financing through DKC Capital Markets.
Type: New Construction
Borrower has requested $125,000 to complete construction of a two-story, wood-frame duplex in Augusta, GA. Each unit of the duplex will offer 1,580 square feet of living space, with 794 square feet on the first floor and 786 square feet on the second. The borrower’s primary exit strategy is to sell the completed duplex.
Type: Fix and Flip
Borrower requested a $190,000 loan modification to purchase a single-family property in Milton, FL. The property features 4 bedrooms and 3 bathrooms at 1,877 square feet of living space on 1.03 acres. The borrower plans to sell both homes as an exit strategy.
Type: Fix and Lease
Borrower requested a $160,000 Fix & Lease loan secured by a single-family property in Zephyrhills, FL. The home features 2 bedrooms, 1.5 bathrooms with 1,080 square feet of living space, a 1 car garage and an inground pool on 0.22 acres. Once the renovations are complete, the borrower intends to refinance into a DSCR loan as the main exit strategy. As a secondary exit the borrower is open to selling the home.
