Borrower requested a $65,000 loan to refinance a manufactured property in West Palm Beach, Florida. The property features 2 beds and 2 baths at 1 450 sq/ft. The borrower plans to lease the property for an annual rental and refinance as an exit to the loan.
Collateral:
Type: Fix and Lease
Description:
The borrower has requested a $70,000 loan to refinance a condo property in Punta Gorda, Florida. The borrower is paid $118,000 for the property. The property features 2 beds and 1 bath at 1,037 sq/ft. The borrower refinance as an exit to the loan with DKC using a DSCR product.
- Loan Amount: $70,000
- Date: December 2024