New Loan Funded!

316 Palmetto Ave NW. Winter Haven, Fl 35881

Collateral:

316 Palmetto Ave NW. Winter Haven, Fl 35881

Description:

Borrower requested a $153,000 loan to purchase a triplex property in Winter Haven, Florida. The borrower paid $205,000 for the property and will be performing minor cosmetic repairs. The property features 2,1 bed l bath units, and 1, 2 bed l bath unit, at a combined 1,584 sq/ft. Borrower plans to exit the loan with a bank refinance and hold the property as a long term rental.

Collateral:

Description:

This is a $480,000 new construction loan request, with $200,000 funded at closing, secured by a non-waterfront single-family-zoned lot in Redington Shores, Florida. The project will consist of a three-story, coastal-style home featuring three bedrooms, three bathrooms, approximately 2,072 heated square feet, and a two-car garage. The primary exit strategy is a retail sale.

Collateral:

Description:

This request is for a $200,000 new-construction loan, with $180,000 funded at closing, secured by a single-family property located in Lake Alfred, Florida. The project consists of a 3-bedroom, 3-bathroom residence totaling 3,114 square feet of living area, situated on approximately 0.35 acres, and includes a two-car garage and a game room. The primary anticipated exit is a retail sale of the completed property.

Collateral:

Description:

This request is for a $450,000 new construction loan, secured by a single-family home located in Tampa, Florida. The project consists of a 3-bedroom, 4-bathroom single-family residence totaling 2,275 square feet of living area, along with a two-car garage, an in-ground pool, and a detached pool house comprising an additional 575 square feet. The primary exit strategy is a retail sale.