New Loan Funded!

Langston Ave, New Port Richey, FL 33653

Collateral:

Langston Ave, New Port Richey, FL 33653

Description:

DKC Provided a fix and lease loan to an ALF property that featured 12 rooms and 2 baths, covering a total area of 5,976 sq/ft, situated on a 2.10-acre lot. The property holds potential for expansion, with the ability to add an additional 24 beds to the existing 24. The borrower plans to renovate the property and then refinance as an exit to the loan.

Collateral:

Type:

Description:

This is a $155,000 refinance loan request, secured by a single-family residence located in Jacksonville, Florida. The subject property is a 3-bedroom, 2-bathroom home with 1,545 square feet of living area, a 1-car garage and an inground pool. The borrower will list the property for sale as the exit strategy to repay the loan in full.

Collateral:

Type:

Description:

This request is for a $200,000 fix-and-flip loan, secured by a waterfront single-family home located in Port Charlotte, Florida. The property consists of three bedrooms, three bathrooms, and 2,170 square feet of living space across two stories, along with a two-car garage. The borrower intends to repay the loan with proceeds from other investments once finalized, or refinance into long-term debt as an alternative exit strategy.

Collateral:

Type:

Description:

Borrower requested a $320,000 loan to refinance a Mobile Home Park with 5 mobile homes in Spring Hill, Florida. The properties are leased and the units are as follows:

●MH 1 – 1,200 sq. ft., 3 bed / 2 bath

●MH 2 – 774 sq. ft., 3 bed / 2 bath

●MH 3 – 784 sq. ft., 3 bed / 2 bath

●MH4 – 607 sq. ft., 2 bed / 1 bath

●MH5 – 796 sq. ft., 3 bed / 2 bath

The borrower plans to refinance as a means of exiting the loan.