New Loan Funded!

8606 Gibson Oaks Dr, Lakeland Fl 33809

Collateral:

8606 Gibson Oaks Dr, Lakeland Fl 33809

Description:

Borrower requested a $85,000 loan to purchase/refinance a manufactured mobile home property in Lakeland, Florida. The borrower purchased the property in 2015 for $128,000 and needs to correct the purchase/deed transfer. The property is currently tenant occupied and renting for $1,600 a month. Additionally, there are 4 storage structures on the property.

Collateral:

Description:

This is a $260,000 new construction loan request on a duplex located in Port Charlotte, FL, with an initial disbursement of $60,000 at closing. Upon completion, the property will consist of two units, each featuring 3 bedrooms, 2 bathrooms, 1,247 square feet of living space, and a 1-car garage. The borrower intends to refinance the property as the primary exit strategy.

Collateral:

Description:

This is a $240,000 new construction loan request for a duplex located in Port Charlotte, FL, with an initial disbursement of $60,000 at closing. Upon completion, the property will feature two units, each with 3 bedrooms, 2 bathrooms, 1,247 square feet of living space, and a 1-car garage. The borrower intends to refinance the property as the primary exit strategy.

Collateral:

Type:

Description:

This is a $130,000 refinance loan request, with $75,000 to be disbursed at closing, secured by a single-family residence located in Fort Myers, FL. The property consists of three bedrooms, one bathroom, 1,144 square feet of living space, and includes a one-car garage. Upon stabilization, the borrower plans to refinance into a DSCR loan and is financially qualified to do so.