New Loan Funded!

Biscayne Blvd #6207, Miami, FL & Durst Ave E, Greenwood, SC & Boulder Dr, Roswell, GA & Highland Dr, Greenwood, SC

Collateral:

Biscayne Blvd #6207, Miami, FL & Durst Ave E, Greenwood, SC & Boulder Dr, Roswell, GA & Highland Dr, Greenwood, SC

Description:

Borrower is secured by four properties: a luxury condominium in Miami, FL; a single-family home in Roswell, GA; and two properties in Greenwood, SC—a commercial building and a single-family home. The borrower intends to refinance the loan using a DSCR (Debt Service Coverage Ratio) product.

Collateral:

Description:

Borrower requested a $620,000 loan to refinance a single-family residence located in Tampa. The home featured 4 bedrooms, 3 bathrooms, and 2,339 square feet of living space. The borrower has since expanded the property to 4 bedrooms, 4 bathrooms, and approximately 2,800 square feet, along with an in-ground pool. The borrower is open to multiple exit strategies, including a sale or refinance.

Collateral:

Type:

Description:

The borrower requested a $130,000 fix-and-flip loan secured by a single-family home in Pensacola, FL. The property currently features 3 bedrooms, 2 bathrooms, and 1,328 square feet of living space on a 1-acre lot. The borrower is also collateralizing a separate, free-and-clear single-family home. This property, built in 1992, sits on 0.42 acres and includes 3 bedrooms, 2 bathrooms, and 1,431 square feet of living space. The borrower’s exit strategy is to sell the property.

Collateral:

Description:

This request is for a $600,000 new construction loan, secured by a 10,000 SF ground-up commercial retail development at Quincy, Florida. The primary exit strategy is stabilization followed by refinance, with asset disposition as a secondary option.