New Loan Funded!

6510 Eleanor Dr. Port Richey 34668

Collateral:

6510 Eleanor Dr. Port Richey 34668

Description:

Borrower requested a $25,000 loan to purchase a manufactured mobile home property in Port Richey, FL. The property is in a good condition, requiring a $10,000 cosmetic rehab, which the borrower will complete using personal capital and self performing a majority of the work. The collateral purchase price is $38,900, and the property rents at a conservative estimate of $950/month once renovated.

Collateral:

Type:

Description:

This is a $100,000 refinance loan request at 50% loan-to-value (LTV), secured by a Lake Worth, Florida condominium unit. The property has two bedrooms, two and a half bathrooms, and approximately 1,500 square feet of living space. Borrower plans to complete the renovation and exit the loan through a conventional property sale.

Collateral:

Description:

This is a $180,000 new construction loan request. The loan is secured by a single-family residence in Winter Haven, Florida. Upon completion, the property will comprise three bedrooms and 2.5 bathrooms, totaling 1,536 square feet of living space. The design features two stories, with 625 square feet on the first level and 901 square feet on the second. Borrower intended exit strategy is a DSCR-based refinance.

Collateral:

Description:

This is a $255,000 new construction loan request for a duplex located in Lake Wales, FL. The proposed duplex will consist of two units, each featuring three bedrooms, two bathrooms, and approximately 1,005 square feet of living space, totaling six bedrooms, four bathrooms, and 2,010 square feet of combined living space. Borrower’s refinancing strategy is designed to manage debt and cash flow based on rental income.