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:

Sterling Ln, New Port Richey, FL

Description:

Borrower requested a $236,000 loan to purchase a single-family property in Port Richey, Florida. The borrower is additionally pledging a single-family property as collateral to the loan. The Sterling property
features 2 beds and 2 baths at 1,190 sq/ft with a pool, and the second collateral located on Warbler Dr, features 2 beds and 2 baths at 1,310 sq/ft. The borrower plans to lease both properties long-term and then refinance as an exit to the loan.

Collateral:

Ranch Rd, Dade City, FL

Description:

Borrower requested a $96,000 loan to purchase an MFMH property in Dade City, Florida. The manufactured home has 3 bedrooms and 2 baths at 1,440 sq/ft on a 2.5-acre lot. The borrower plans to complete the property renovation and lease the property before refinancing as an exit to the loan.

Collateral:

Type:

Adams St, Tallahassee, FL

Description:

The borrower requested a $65,000 loan to refinance a condo located in Tallahassee Florida. The property features 3 beds and 3 baths at 1,264 sq/ft. Borrower currently leases the property and plans to refinance as an exit to the loan.