New Loan Funded!

947 Crest Dr E, Jacksonville, FL 32221

Collateral:

947 Crest Dr E, Jacksonville, FL 32221

Description:

Borrower requested a $105,000 loan to purchase a single-family property in Jacksonville, Florida The borrower paid $140,000 for the property and plans to do simple paint and clean up and flip it. The property features 3 beds and 2 baths at 1,324 sq/ft. Due to the borrower’s connectivity in the marketplace she was able to purchase below value. The property has a recent ARV appraised value of $278,000. Borrower plans sell as an exit to the loan.

Collateral:

Description:

Borrower requested a $425,000 loan to begin construction on a single-family property in Lakeland, Florida. The property will feature 4 beds and 3 baths at 3,727 sq/ft. The target sale price for the completed property is estimated $1.1 million.

Collateral:

Description:

The borrower has requested a $2,900,000 loan to purchase a beachfront lot in Belleair Shore, Florida, where they plan to build a modern luxury mansion. Bellaire Shores features a private, one-mile stretch of highly coveted oceanfront property. The borrower will secure a construction loan as an exit to the bridge.

Collateral:

Type:

Description:

Borrower requested a $505,000 loan to refinance a single-family property in Homestead, Florida. The property features 5 beds and 2 baths at 2,387 sq/ft on a corner lot with a pool. The borrower plans on continuing to rent the property as an annual rental and refinance as an exit to the loan.