New Loan Funded!

5748 Riddle Rd Holiday, Fl 34690

Collateral:

5748 Riddle Rd Holiday, Fl 34690

Description:

Borrower requested a $109,000 loan to purchase a single-family property in Tampa Florida. The borrower paid $149,000 and has a $20,000 construction budgets planned primarily cosmetic. The borrower will be performing the majority of the work himself. Borrower plans to lease the property for as an annual rental after the renovation and refinance as an exit to the loan.

Collateral:

Description:

Borrower requested a $165,000 new construction refinance for a single-family home located in Lake Wales, FL. The property is designed as a three-bedroom, two-bathroom home with a two-car garage, totaling 1,333 square feet. The borrower’s exit strategy is to refinance into a DSCR loan once the property reaches certificate of occupancy.

Collateral:

Type:

Description:

This is a $130,000 refinance loan request secured by a brand-new manufactured mobile home in Eustis, Florida. It features 1,200-square-foot, three-bedroom, two-bathroom manufactured home on the 0.35-acre parcel. Borrower primary exit strategy for this transaction is selling the property under the existing contract.

Collateral:

Type:

Description:

The borrower has requested a $470,000 loan to acquire a single-family property in Largo, FL. The borrower is purchasing the subject property, a three-bedroom, two-bathroom home with a two-car garage and 1,991 square feet. The exit strategy is to sale the renovated home.