New Loan Funded!

7100 Wilder Ave, Jacksonville, FL 32208

Collateral:

7100 Wilder Ave, Jacksonville, FL 32208

Description:

Borrower requested a $50,000 loan to purchase a fix and lease, single-family property in Jacksonville, Florida. The borrower paid $35,000 for the property and has a $60,000 construction budget planned, DKC will provide a construction holdback. The property features 2 beds and 1 bath at 1,080 sq/ft. ARV estimated around $120,000. Borrower plans to rehab the property and lease the property as an annual rental after the renovation and refinance as an exit to the loan.

Collateral:

Sterling Ln, New Port Richey, FL

Description:

Borrower requested a $236,000 loan to purchase a single-family property in Port Richey, Florida. The borrower is additionally pledging a single-family property as collateral to the loan. The Sterling property
features 2 beds and 2 baths at 1,190 sq/ft with a pool, and the second collateral located on Warbler Dr, features 2 beds and 2 baths at 1,310 sq/ft. The borrower plans to lease both properties long-term and then refinance as an exit to the loan.

Collateral:

Ranch Rd, Dade City, FL

Description:

Borrower requested a $96,000 loan to purchase an MFMH property in Dade City, Florida. The manufactured home has 3 bedrooms and 2 baths at 1,440 sq/ft on a 2.5-acre lot. The borrower plans to complete the property renovation and lease the property before refinancing as an exit to the loan.

Collateral:

Type:

Adams St, Tallahassee, FL

Description:

The borrower requested a $65,000 loan to refinance a condo located in Tallahassee Florida. The property features 3 beds and 3 baths at 1,264 sq/ft. Borrower currently leases the property and plans to refinance as an exit to the loan.