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:

Type:

Description:

This is a $400,000 refinance loan request for a quadplex in Treasure Island, FL, which the borrower owns free and clear. The property consists of four one-bedroom, one-bathroom units, each measuring 527 square feet, for a total living space of 2,108 square feet. Borrower plans to make monthly interest payments using the property’s cash flow and available reserves.

Collateral:

Type:

Description:

This is a $200,000 refinance loan request for a single-family property located in Tampa, Florida. The property features three bedrooms, two bathrooms, a one-car garage, and 1,425 square feet of living space. The borrower intends to refinance the loan using a DSCR loan as an exit strategy.

Collateral:

Description:

This is a $186,000 fix-and-lease loan request ($161,000 at closing) for a single-family property in Tampa, FL. The home features three bedrooms, two bathrooms, and 1,288 square feet of living space. It has already been gutted and reframed, with partially completed bathrooms and flooring. The borrower plans to refinance through a DSCR loan as the exit strategy.