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:

Type:

Description:

This is a $150,000 refinance loan request secured by a single-family residence located in Tampa, Florida. The subject property includes three bedrooms, two bathrooms, and approximately 1,200 square feet of living space. The borrower plans to refinance into a DSCR loan as an exit from the loan.

Collateral:

Type:

Description:

This is a $110,000 fix-and-flip loan request for a manufactured mobile home in Montverde, FL. The property features two bedrooms, two bathrooms, and 1,352 square feet of living space. Upon completion, the borrower intends to sell the property as an exit strategy for the loan.

Collateral:

Description:

This is a $495,000 loan request for acquiring two adjacent land parcels on Sligh Avenue in Tampa, Florida. The proposed homes will range from 3,200 to 3,600 square feet of livable space and are expected to feature modern architectural design, luxury finishes, lanais, pools, and other high-end amenities. The anticipated exit strategy is to transition into a construction loan with DKC Lending to sell the completed homes on the open market.