New Loan Funded!

Danube Ave, Tampa, FL & W Orient St, Tampa, FL & W Ivy St, Tampa, FL

Collateral:

Danube Ave, Tampa, FL & W Orient St, Tampa, FL & W Ivy St, Tampa, FL

Description:

Borrower requested a $1,650,000 loan to purchase a property located at Danube Ave, Tampa, FL, on Davis Island. The borrower additionally pledged 2 other free and clear assets to the loan, and intends to build new construction townhomes on the Davis Island property. The borrower plans to sell the new construction townhomes after completion as an exit from the loan.

Collateral:

Description:

Borrower requested a $650,000 loan to purchase a single-family property in Tarpon Springs, Florida. The property being purchased features 2 beds and 2 baths at 2,188 sq/ft with a pool. The borrower is cross collateralizing another property in pristine condition, featuring 4 beds and 5 baths in 3,849 sq/ft with a pool. The borrower will be selling the property as an exit from the loan.

Collateral:

Description:

This is a $110,000 new construction loan request to complete the construction of a single-family home in Tampa, Florida. Upon completion, the property will feature three bedrooms, two bathrooms, a two-car garage, and 1,700 square feet of living space. Once completed, the borrower plans to sell the property as an exit strategy for the loan.

Collateral:

Description:

This is a $100,000 loan request to acquire a single-family tear-down property in Tampa, FL. The existing structure is a two-bedroom, one-bathroom single-family home built in 1948, which is slated for demolition. The lot is zoned RS50 and measures 50 x 95 and 4,750 square feet. The borrower plans to sell the completed single-family home once construction is finished as an exit strategy for the loan.