Borrower requested a $125,000 loan to purchase a single-family property in Orlando, Florida. The property features 3 beds and 2 baths at 1,692 sq/ft. The borrower plans to refinance as an exit to the loan and lease the property for an annual rental.
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