New Loan Funded!

2915 E 17th St, Panama City Fl 32405

Collateral:

2915 E 17th St, Panama City Fl 32405

Description:

Borrower requested a $91,000 fix and flip loan to purchase a $130,000 single family property in Panama City, Florida. Borrower intends to complete a $35,000 remodel with their own capital before aiming to sell for a profit. Renovations are primarily cosmetic, there was a permitted roof repair from the hurricane in 2019. The borrower is a licensed real estate broker, and has completed multiple recent projects within Panama City.

Collateral:

Type:

Description:

This is a $70,000 refinance loan request, secured by a single-family residence located in Panama City, Florida. The subject property was built in 1952 and consists of a 4-bedroom, 3-bathroom home with a one-car garage, totaling 2,416 square feet, along with an oversized detached garage, situated on one acre of land. Borrower exit strategy is to either retain the property as employee rental or sell the property.

Collateral:

Type:

Description:

This is a $115,000 refinance loan request secured by a single-family property in Spring Hill, Florida. The property is a two-story, 4-bedroom, 3-bathroom home with an office, totaling 2,356 sq. ft., built in 2003. The primary strategy upon completing the rehab is to sell the property.

Collateral:

Type:

Description:

The borrower is requesting an $80,000 refinance loan secured by a single-family property in Winter Haven, Florida. The home features 2 bedrooms, 2 bathrooms, 1,693 square feet of living space, and a 2-car garage. Borrower’s exit strategy is to refinance into long-term financing.