New Loan Funded!

2786 N 41st Avenue St Petersburg FL 33714

Collateral:

2786 N 41st Avenue St Petersburg FL 33714

Description:

Borrower requested a $170,000 loan to purchase a single family home in St. Petersburg Fl. Borrower is a realtor and repeat client of DKC Lending. Borrower has a $20,000 renovation planned, primarily cosmetic, including paint, kitchen and bathroom updates, and will use their own capital. The roof was replaced in 2014 and needs minor repairs. Property is zoned multifamily.

Collateral:

Type:

Description:

Borrower requested a $125,000 loan to refinance a single-family property located in Deltona,
Florida. The property features 4 beds and 2 baths at 1,668 sq/ft. The property is currently leased as an annual rental. Borrower plans to refinance as an exit to the loan.

Collateral:

Type:

Description:

Borrower requested a $90,000 loan to purchase a single-family property in Jacksonville, Florida. The borrower plans to renovate the property and sell as an exit to the loan. The property features 4 beds and 2 baths at 1,566 sq/ft, with a detached mother in law suite.

Collateral:

Description:

Borrower requested a $337,000 loan to purchase a commercial property in Gulfport, Florida. The property is currently leased and operated as a K-5 school, owned by a local church. Borrower plans to convert the property into a wellness center once the lease expires, increasing cashflow and then refinancing as an exit to the loan.