New Loan Funded!

7544 Mitchell Ranch Rd, NPR, FL 34655 & 10415 Hazel Ave, Hudson, Fl 34669

Collateral:

7544 Mitchell Ranch Rd, NPR, FL 34655 & 10415 Hazel Ave, Hudson, Fl 34669

Description:

Borrower requested a $365,000 loan to purchase a manufactured mobile home property on 2.44 acres in Hudson, Florida. The borrower paid $190,000 for the property and plans to add 1,800 sq/ft to the existing garage while renovating and renting out the mobile home. Additionally, the borrower is pledging a recently renovated, vacant property that was initially going to be flipped. The property is currently appraised for $335,000.

Collateral:

Type:

Description:

Borrower requested a $150,000 loan to refinance a single-family property in St. Pete Beach, Florida. The borrower purchased the property in 2017 for $1,181,000. The property features 3 beds and 3 baths at 2,501 sq/ft. Borrower plans to sell the property in the next 3-6 months as an exit to the loan.

Collateral:

Type:

Description:

Borrower requested a $92,000 loan to purchase a manufactured home property in Tampa, Florida. The borrower paid $140,000 for the property and has a $15,000 construction budget planned, where DKC will provide a draw schedule. The property features 2 beds and 2 baths at 1,280 sq/ft. Borrower plans to refinance and hold the property as an annual rental as an exit the loan.

Collateral:

Type:

Description:

Borrower requested a $60,000 loan to refinance a duplex property in Tampa, Florida. The borrower purchased the property in 2003 and currently has the property leased for a combined $1,925/ month as annual rentals. The property features 2 units, each with 1 bed and 1 bath at a combined 1,290 sq/ft with an exterior laundry room. The borrower plans to refinance as an exit from the loan.