This request is for a $390,000 bridge loan to acquire a single-family property in Belleair, FL. The existing structure will be demolished to make way for a newly constructed luxury single-family residence. The lot measures approximately 9,200 square feet. The borrower has already secured construction financing to pay off the DKC Lending bridge loan.
Collateral:
Type: Refinance
Description:
This request is for a $110,000 refinance loan secured by a single-family residence located in Palmetto, Florida. The subject property was built in 2001 and consists of a 3-bedroom, 2-bathroom home with 1,060 square feet of living area and a one-car garage. Borrower will refinance as the loan’s exit strategy.
- Loan Amount: $110,000
- Date: January 2026
