New Loan Funded!

Collateral 1: Olive St, Lakeland FL 33815 Collateral 2: Twin Cedar Ln, Lakeland FL 33810

Collateral:

Collateral 1: Olive St, Lakeland FL 33815
Collateral 2: Twin Cedar Ln, Lakeland FL 33810

Description:

Borrower requested a $270,000 loan to purchase a commercial property in Lakeland, Florida. The borrower is purchasing the commercial property for $240,000 while pledging a second SFR property as additional collateral to the loan. The commercial property features 1,600 sq/ft with 1 bathroom sitting on .28 acres. The borrower plans to operate the commercial property and refinance as an exit to the loan.

Collateral:

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Description:

This request is for a $400,000 refinance loan secured by a single-family residence located in the Walden Lake Community in Plant City, Florida. The property features three bedrooms, five bathrooms, and an executive office that can also serve as an additional bedroom. The residence offers 4,444 square feet of living space on a 0.37-acre lot and is situated directly on a private golf course. Borrower exit strategy is to refinance into a DSCR loan after liquidating other investments.

Collateral:

Description:

This request is for a $98,000 loan secured by a single-family property in Lakeland, Florida. The home consists of 2 bedrooms, 1 bathroom, and 1,668 square feet, with an additional bathroom. Borrower strategy for this property is to complete renovations and refinance into long-term DSCR financing through the DKC Lending Capital Markets Program.

Collateral:

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Description:

This request is for a $550,000 refinance loan, secured by six free-and-clear properties. The collateral includes four condominium units located on Cyprus Drive in Palm Harbor, Florida, as well as two commercial properties in Winter Haven, Florida. Condominium units features one bedroom, one bathrooms, and are approximately 675 square feet, being operated as short term rentals. Borrower aims to refinance to DSCR loans as an exit to the DKC loan.