New Loan Funded!

7144 Fairfax Dr E, New Port Richey, FL 34668

Collateral:

7144 Fairfax Dr E, New Port Richey, FL 34668

Description:

Borrower requested a $154,000 loan to purchase a single family property in New Port Richey, Florida. The borrower is paid $205,000 for the property and has o $35,000 construction budget planned which will be paid out of pocket and includes primary cosmetic updates. The property features 3 beds and 1.5 baths at 1,511 sq/ft. The estimated ARV (after repair value) is between $275,000- $285,000.

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.