New Loan Funded!

Crawford Ave, Saint Cloud, FL

Collateral:

Crawford Ave, Saint Cloud, FL

Description:

This is a $460,000 new construction loan request from a returning client, with $160,000 to be disbursed at closing for the development of a Townhouse (Duplex) in Saint Cloud, Florida. The planned Townhomes / Duplex will consist of two identical units, each featuring three bedrooms, 2.5 bathrooms, a two-car garage, front porch, backyard, and a media room that can double as an office or fourth bedroom. Borrower exit strategy is to refinance the subject duplex upon stabilization.

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.