New Loan Funded!

Collins Ave, Sunny Isles Beach, FL 33160

Collateral:

Collins Ave, Sunny Isles Beach, FL 33160
Collateral 2: Waterfront St. #402 Oxon Hill, MD 20745
Collateral 3: River Mist Dr. Oxon Hill, MD 20745

Description:

Borrower requested a $1.8M loan to refinance a luxury apartment in Sunny Isles, Florida. The property features 4 beds and 5 baths at 3,171 sq/ft. Additionally, the borrower is pledging two condos in Maryland as collateral for this loan. Borrower plans to secure bank financing to refinance as an exit to the loan.

Collateral:

Description:

Borrower has requested $125,000 to complete construction of a two-story, wood-frame duplex in Augusta, GA. Each unit of the duplex will offer 1,580 square feet of living space, with 794 square feet on the first floor and 786 square feet on the second. The borrower’s primary exit strategy is to sell the completed duplex.

Collateral:

Type:

Description:

Borrower requested a $190,000 loan modification to purchase a single-family property in Milton, FL. The property features 4 bedrooms and 3 bathrooms at 1,877 square feet of living space on 1.03 acres. The borrower plans to sell both homes as an exit strategy.

Collateral:

Description:

Borrower requested a $160,000 Fix & Lease loan secured by a single-family property in Zephyrhills, FL. The home features 2 bedrooms, 1.5 bathrooms with 1,080 square feet of living space, a 1 car garage and an inground pool on 0.22 acres. Once the renovations are complete, the borrower intends to refinance into a DSCR loan as the main exit strategy. As a secondary exit the borrower is open to selling the home.