New Loan Funded!

5407 Two Ninety Nine, Dr, Land o Lakes FL 34638

Collateral:

5407 Two Ninety Nine, Dr, Land o Lakes FL 34638

Description:

Borrower requested a $100,000 loan to purchase a manufactured home property with .37 acres, 2 blocks off of a lake in Land O Lakes, Florida. The borrower paid $197,500 for the property and has a $75,000 construction budget planned. The borrower plans to renovate the existing manufactured home, install another manufactured home on the property and rent both units out as short-term vacation rentals.

Collateral:

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Description:

Borrower is secured by four properties: a luxury condominium in Miami, FL; a single-family home in Roswell, GA; and two properties in Greenwood, SC—a commercial building and a single-family home. The borrower intends to refinance the loan using a DSCR (Debt Service Coverage Ratio) product.

Collateral:

Type:

Description:

The borrower has requested a $170,000 refinance loan on two manufactured mobile homes located in Haven and Branford, Florida. The mobile home located on Horseshoe Loop has 5 bedrooms and 2 bathrooms and spans 2,052 sq ft. The home on NW 37th Ct has 3 bedrooms, 2 bathrooms, and is 960 sq ft. The borrower intends on flipping the properties, and selling as an exit.

Collateral:

Type:

Description:

Borrower requested a $100,000 loan to refinance a single-family property in Port Richey, Florida. The property features 2 beds and 2 baths at 1,606 sq/ft with an inground pool and a dock on Double Hammock Creek. The borrower plans to sell the property as an exit to the loan.