New Loan Funded!

9151 Rhett Ln, Weeki Wachee, FL 34613

Collateral:

9151 Rhett Ln, Weeki Wachee, FL 34613

Description:

Borrower requested a $150,000 loan, to purchase a single-family property in Weeki Wachee, Florida. The borrower paid $275,000 for the property and has a $25,000 construction budget planned that is primarily cosmetic upgrades. Borrower plans to lease the property for as an airbnb rental after the renovation and refinance as an exit to the loan

Collateral:

Description:

This is a $380,000 new construction loan request for a single-family property located in St. Augustine, FL. The home will feature 3 bedrooms, 2.5 bathrooms, and an office that can serve as an additional bedroom, with a total of 2,256 square feet of living space. The borrower will refinance the subject property if the builds and the sales take longer than anticipated.

Collateral:

Description:

This is a $156,000 fix-and-lease loan request, for a single-family property located in Orlando, FL. The property features 3 bedrooms, 1 bathroom, and 1,020 square feet of living space. The borrower intends to exit the loan through a Debt Service Coverage Ratio (DSCR) refinance upon completion of the renovation.

Collateral:

Type:

Description:

Borrower requested a $600,000 loan to refinance a single-family property in Odessa, Florida. The property features 5 beds and 4 baths at 3,237 sq/ft and is in great condition, with a 2023 roof, 2022 A/C and remodeled bathrooms. The borrower will sell the subject property as an exit to this loan.