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:

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:

Type:

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.