New Loan Funded!

5013 N Falkenburg Rd, Tampa, Fl 33610
Collateral 2: 9301 N 16th St, Tampa, Fl 33612

Collateral:

5013 N Falkenburg Rd, Tampa, Fl 33610
Collateral 2: 9301 N 16th St, Tampa, Fl 33612

Description:

Borrower requested a $215,000 loan to purchase a single-family property in Tampa, Florida. Borrower paid $154,000 for the new property and has a $50,000 construction budget planned, while additionally pledging a cashflowing investment property that has 3 units for a combined rental of $3,250 / month as collateral to the loan.

Collateral:

Type:

Description:

The borrower has requested an $850,000 loan for a multifamily quadplex located in Tampa, Florida. The property consists of two detached buildings, offering three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit totaling 1,596 sq. ft. One building features unregistered living space due to the conversion of a 2-car garage into a laundry room and additional living area. The borrower plans to refinance as an exit from the loan.

Collateral:

Type:

Description:

The borrower has requested a $162,000 loan to refinance a townhome property in Fort Myers, Florida. The property features 3 bedrooms, 2.5 bathrooms, and 1,767 sq/ft.The borrower is open to either a sale or refinance as an exit to the loan.

Collateral:

Type:

Description:

The borrower has requested a $168,000 loan to refinance a single-family property in Orlando, Florida, owned free and clear. This 950 sq. ft. property features 3 bedrooms, 1 bathroom, and a carport. The capital from this refinance will be used to purchase and rehabilitate another investment property, further expanding the borrower’s portfolio. The borrower plans to exit the loan through a DSCR refinance.