This loan was for a $350,000 new construction project secured by a single-family residential property located in Spring Hill, Florida. The final build consists of 4-bedroom, 3-bathroom single-family home with a 2-car garage, totaling 2,364 heated square feet. The primary exit strategy is a sale of the completed property.
Type: Refinance
This is a $420,000 refinance loan request secured by a single-family estate property located in Myakka City, Florida. The subject property consists of a two-story residence with six bedrooms, three and one-half bathrooms, and 3,106 square feet of living area, including an inground swimming pool on a 10-acre parcel, which also features a horse stable, barn, and chicken coop. Borrower is long term refinancing as a exit strategy.
Type: New Construction
This request is for a $160,000 new-construction loan, secured by a vacant lot in Sanford, Florida. The proposed project consists of the construction of a 3-bedroom, 2-bathroom, wood-frame single-family residence with a one-car garage, totaling approximately 1,375 square feet of living space. Borrower exit strategy is to sale upon completion of the project.
DKC Lending offers hard money lending services to real estate investors in Florida and select cities across the country. We provide borrowers with personalized loan consultation services and funding. DKC Lending also offers loan servicing for mortgage investors.
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