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:

Aqua Lane, Odessa, FL

Description:

Borrower requested a $150,000 loan to refinance a single-family property in Odessa, Florida. The property features 4 beds and 4 baths at 4,285 sq/ft. Borrower plans to use the proceeds of this loan to pay off debt and plans to list the property for sale as an exit to this loan.

Collateral:

Type:

Osborne Rd, Tampa, FL, Collateral 2: Bloomingdale Villas Ct, Brandon, FL

Description:

The borrower requested an $860,000 loan to refinance both a commercial property and a quadplex property in Tampa FL. The commercial property (Osborne) features 9 commercial units at a total of 7,435 rentable square footage and is currently being leased. The additional collateral located on
Bloomingdale Villas features 4 units with a total of 3 bedrooms and 2 bathrooms at 4,024 sq/ft. The borrower plans to refinance as an exit to the loan.

Collateral:

Woodgrove Ct, Palm Harbor, FL

Description:

The borrower requested a $525,000 loan to purchase a single-family property in Palm Harbor, Florida. The property features 4 beds and 3 baths at 2,969 sq/ft. The borrower plans to lease the property as a short-term rental and refinance as an exit to the loan.