New Loan Funded!

Catfish Ct, St James City, FL

Collateral:

Catfish Ct, St James City, FL

Description:

Borrower requested a $90,000 loan to refinance a manufactured mobile home in St James City, Florida. The property features 2 beds and 2 baths at 1,134 sq/ft. The property is currently in the middle of being remodeled. The borrower will use the cash out to complete the rehab of this property and lease for an annual rental and refinance as an exit to the loan.

Collateral:

Type:

Description:

This is a $155,000 refinance loan request, secured by a single-family residence located in Jacksonville, Florida. The subject property is a 3-bedroom, 2-bathroom home with 1,545 square feet of living area, a 1-car garage and an inground pool. The borrower will list the property for sale as the exit strategy to repay the loan in full.

Collateral:

Type:

Description:

This request is for a $200,000 fix-and-flip loan, secured by a waterfront single-family home located in Port Charlotte, Florida. The property consists of three bedrooms, three bathrooms, and 2,170 square feet of living space across two stories, along with a two-car garage. The borrower intends to repay the loan with proceeds from other investments once finalized, or refinance into long-term debt as an alternative exit strategy.

Collateral:

Type:

Description:

Borrower requested a $320,000 loan to refinance a Mobile Home Park with 5 mobile homes in Spring Hill, Florida. The properties are leased and the units are as follows:

●MH 1 – 1,200 sq. ft., 3 bed / 2 bath

●MH 2 – 774 sq. ft., 3 bed / 2 bath

●MH 3 – 784 sq. ft., 3 bed / 2 bath

●MH4 – 607 sq. ft., 2 bed / 1 bath

●MH5 – 796 sq. ft., 3 bed / 2 bath

The borrower plans to refinance as a means of exiting the loan.