New Loan Funded!

2533 18th St S, St Pete, FI, 33712

Collateral:

2533 18th St S, St Pete, FI, 33712

Description:

Borrower requested a $220,000 new construction loan to build a single-family home, in St. Petersburg, Florida. The construction plans consist of a 1,232 sq/ft main home, with an additional ADU that features a 2 car garage and 624 heated sq/ft. The borrower has a $290,000 total construction budget planned, and has currently spent $75,000 on the construction and $30,000 on the land. The slab and block construction have been completed, along with the truss order. The property will consist of a 3 bed and 2 bath and a 1 bed 1 bath efficiency.

Collateral:

Description:

Borrower requested a $150,000 loan to purchase a manufactured property in Tampa, Florida. The manufactured home was built in 2017 and features 3 beds and 2 baths at 1,512 sq/ft sitting on a 1.24 acre lot. Borrower intends to refinance the loan.

Collateral:

Type:

Description:

Borrower requested a $120,000 loan to refinance a mobile home park in Tampa, Florida. The property is zoned mixed use MH park, features an office structure at 856 sq/ft and sits on .82 acres. The property has multiple mobile homes currently on the property and is cash flowing from weekly collections. Borrower plans to exit the loan with a refinance.

Collateral:

Type:

Description:

Borrower requested a $420,000 loan to refinance a single-family property in Miami, Florida. The borrower is in the final stages of a $200,000 renovation including a pool. The property features 4 beds and 2 baths at 2,525 sq/ft. Borrower plans to list the property for sale as an exit to the loan.