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:

Borrower requested a $210,000 loan to refinance a single-family property in Spring Hill, Florida. The property features 4 beds and 3 baths at 2,162 sq/ft. The borrower will use the proceeds of the loan to make improvements to the property, lease the property as an annual rental after the renovation, and refinance as an exit to the loan.

Collateral:

Description:

The borrower requested a $162,000 loan to purchase a manufactured property in West Palm Beach, Florida. The property features 2 beds and 2 baths at 970 sq/ft and comes with an additional lot where a garage has been built. The borrower plans to lease the property for an annual rental after the renovation and refinance as an exit to the loan.

Collateral:

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Description:

Borrower requested a $945,000 loan to refinance a new construction, single-family property in Redington Shores, Florida. The property will feature 3 beds and 3.5 baths at 2,355 sq/ft.