New Loan Funded!

521, 531, 533, 535 NW 19th Ave, Ocala, Fl 34475

Collateral:

521, 531, 533, 535 NW 19th Ave, Ocala, Fl 34475

Description:

Borrower requested a $262,000 loan to purchase a fully occupied, 4 unit property featuring 2 duplex units in Ocala, Florida. The borrower paid $350,000 for the property and will be inheriting 4 leases for a combined $3,200/month. Each duplex unit features 2 bed and 1 bath, for a combined 1,516 sq/ft. Borrower plans to exit the loan with a bank refinance and hold the rentals long term.

Collateral:

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Description:

The borrower requested a $300,000 loan to refinance the property located at Larry Rd, Spring Hill, FL. This property has 2 manufactured homes retired to the land. The borrower is pledging additional collateral located at 60th St, Tampa, FL. The borrower has proven liquidity and plans to repay this loan at maturity.

Collateral:

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Description:

The borrower is seeking a $100,000 new construction loan for a single-family home in Rotonda West, FL. The property will feature three bedrooms, two bathrooms, 1,588 sq. ft. of living space, and a two-car garage. The borrower intends to sell the property as the primary exit strategy.

Collateral:

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Description:

This is a $215,000 refinance loan request for a single-family property in Tampa, FL. It comprises five bedrooms, three bathrooms, and 2,163 square feet of living space, including a two-car covered carport. As an exit strategy, the borrower plans to refinance the subject property to a Debt Service Coverage Ratio (DSCR) refinance loan.