New Loan Funded!

713 Freemont St S, Gulfport, FL 33707

Collateral:

713 Freemont St S, Gulfport, FL 33707

Description:

Borrower requested a $161,000 loan to purchase a single-family fix and flip property in Gulfport, Florida. Borrower paid $229,000 for the property and has a $49,000 construction budget planned. The construction will be funded out of the borrowers pocket, and will include a full cosmetic renovation. The property has an ARV around $305,000-$330,000.

Collateral:

Description:

Borrower requested a $150,000 loan to purchase a manufactured property in Tampa, Florida. The manufactured home was built in 2017 and features 3 beds and 2 baths at 1,512 sq/ft sitting on a 1.24 acre lot. Borrower intends to refinance the loan.

Collateral:

Type:

Description:

Borrower requested a $120,000 loan to refinance a mobile home park in Tampa, Florida. The property is zoned mixed use MH park, features an office structure at 856 sq/ft and sits on .82 acres. The property has multiple mobile homes currently on the property and is cash flowing from weekly collections. Borrower plans to exit the loan with a refinance.

Collateral:

Type:

Description:

Borrower requested a $420,000 loan to refinance a single-family property in Miami, Florida. The borrower is in the final stages of a $200,000 renovation including a pool. The property features 4 beds and 2 baths at 2,525 sq/ft. Borrower plans to list the property for sale as an exit to the loan.