New Loan Funded!

-8013 Formby St. Riverview Fl 33578
-9311 Blanton Pl, Thonotosassa Fl 33592

Collateral:

-8013 Formby St. Riverview Fl 33578
-9311 Blanton Pl, Thonotosassa Fl 33592

Description:

Borrower has requested a $105,000 loan, to purchase and flip a mobile home property in Riverview, Florida. The property is being purchased for $105,000 and the borrower is completing an estimated $15,000 remodel with their own cash. The borrower is additionally pledging a renovated single family home in Thonotosassa as additional collateral for the loan. The renovated SFR is currently cash flowing and tenant occupied (borrower completed remodel previously). Borrower plans to complete the remodel of the mobile home and sell in 4-6 months. The borrowers own a trucking company and are also in construction, with recently completed projects, but are new to DKC Lending.

Collateral:

Type:

Description:

This is a $70,000 refinance loan request, secured by a single-family residence located in Panama City, Florida. The subject property was built in 1952 and consists of a 4-bedroom, 3-bathroom home with a one-car garage, totaling 2,416 square feet, along with an oversized detached garage, situated on one acre of land. Borrower exit strategy is to either retain the property as employee rental or sell the property.

Collateral:

Type:

Description:

This is a $115,000 refinance loan request secured by a single-family property in Spring Hill, Florida. The property is a two-story, 4-bedroom, 3-bathroom home with an office, totaling 2,356 sq. ft., built in 2003. The primary strategy upon completing the rehab is to sell the property.

Collateral:

Type:

Description:

The borrower is requesting an $80,000 refinance loan secured by a single-family property in Winter Haven, Florida. The home features 2 bedrooms, 2 bathrooms, 1,693 square feet of living space, and a 2-car garage. Borrower’s exit strategy is to refinance into long-term financing.