New Loan Funded!

86th Ave, Treasure Island, FL

Collateral:

86th Ave, Treasure Island, FL

Description:

This is a $400,000 refinance loan request for a quadplex in Treasure Island, FL, which the borrower owns free and clear. The property consists of four one-bedroom, one-bathroom units, each measuring 527 square feet, for a total living space of 2,108 square feet. Borrower plans to make monthly interest payments using the property’s cash flow and available reserves.

Collateral:

Type:

Description:

This is a $540,000 new construction loan request from a returning DKC Lending borrower. Once finished, the property will feature four bedrooms, four bathrooms, a three-car garage, a boat dock, a boat lift, and 2,404 square feet of living space. The borrower primary exit strategy for this loan is to sell the property.

Collateral:

Type:

Description:

The borrower requested a $1.2M loan to refinance a single-family property and a vacant piece of land in North Miami, Florida. The single-family property features 7 bedrooms, 4 bathrooms, and 4,534 square feet of living space. The borrower is planning to renovate the SFR and then refinance as an exit to the loan.

Collateral:

Description:

This request is for a $200,000 new construction loan for a single-family home in Kissimmee, Florida. The property will feature three bedrooms, two bathrooms, 1,333 square feet of living space, and a two-car garage upon completion. The exit strategy for this loan is a DSCR refinance.