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New Loan Funded!

710 Southern Ave, Lakeland FL 33815

Collateral:

710 Southern Ave, Lakeland FL 33815

Description:

Borrower requested a $34,000 loan, to purchase a $58,000 fix and flip, manufactured mobile home in Lakeland, FL. The borrower is planning a $30,000 remodel which will include a new HVAC system, septic tank, exterior siding, and a complete cosmetic update of the home. The roof and foundation/subfloor are in good condition.

  • Asset Value: 58,000$
  • Loan Amount: 34,000$
  • Loan to Value: 60%
  • Term: 2 Year
  • Prepayment Penalty: None

New Loan Funded

Collateral:

St Augusta, Ga

Type:

Description:

Borrower has requested $125,000 to complete construction of a two-story, wood-frame duplex in Augusta, GA. Each unit of the duplex will offer 1,580 square feet of living space, with 794 square feet on the first floor and 786 square feet on the second. The borrower’s primary exit strategy is to sell the completed duplex.

  • Loan Amount: $125,000
  • Date: October 2026

New Loan Funded

Collateral:

Pensacola, FL & Milton, FL

Type:

Description:

Borrower requested a $190,000 loan modification to purchase a single-family property in Milton, FL. The property features 4 bedrooms and 3 bathrooms at 1,877 square feet of living space on 1.03 acres. The borrower plans to sell both homes as an exit strategy.

  • Loan Amount: $320,000
  • Date: October 2026

New Loan Funded

Collateral:

Zephyrhills, FL

Type:

Description:

Borrower requested a $160,000 Fix & Lease loan secured by a single-family property in Zephyrhills, FL. The home features 2 bedrooms, 1.5 bathrooms with 1,080 square feet of living space, a 1 car garage and an inground pool on 0.22 acres. Once the renovations are complete, the borrower intends to refinance into a DSCR loan as the main exit strategy. As a secondary exit the borrower is open to selling the home.

  • Loan Amount: $160,000
  • Date: September 2026