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:

Description:

Borrower requested a $117,000 loan to purchase a single-family property in Fort Myers, Florida. The borrower is paying $167,500 for the property that has suffered hurricane damage in 2022. The property features 3 beds and 2 baths at 1,448 sq/ft. Borrower plans to complete a $62,800 rehab budget out of pocket, before renting the property as an annual rental to refinance as an exit to the loan.

Collateral:

Type:

Description:

Borrower requested a $110,000 loan to refinance a single-family property in Tampa, Florida. The property features 2 dwellings, a main home featuring 3 beds and 2 baths at 1,505 sq/ft and a detached apartment that holds 1 bed and 1 bath with 600 sq/ft. Borrower previously was leasing the property as an annual rental, and is between tenants, performing a full renovation of the property. Borrower plans to lease the property as a short term rental moving forward. Borrower will refinance as an exit to the loan.

Collateral:

Type:

Description:

Borrower requested a $290,000 loan to refinance 2 single-family properties in Tampa, Florida. The property located at 7406 Deleuil Ave, features 2 beds and 1 bath at 1,180 sq/ft and the property located at 7408 Deleuil Ave, features 2 beds and 2 baths at 1,581 sq/ft. Borrower plans to renovate both properties and then lease them as annual rentals before refinancing as an exit to the loan.