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 $60,000 refinance loan request secured by a free-and-clear single-family home located in Lehigh Acres, Florida. The subject property is a 3-bedroom, 1-bathroom residence offering 920 square feet of living space. The primary exit strategy for the loan is repayment through cash flow from business and secondary option is to refinance into a DSCR loan if additional time is needed.

Collateral:

Description:

The borrower requested a $50,000 Fix & Lease loan secured by a condominium in Largo, FL. The subject property features 1 bedroom, 1.5 bathrooms, and 715 living square feet. The borrower’s exit strategy is to refinance upon lease stabilization.

Collateral:

Type:

Description:

This request is for a $60,000 refinance loan secured by a condominium property located in Zephyrhills, Florida. The collateral is a 2-bedroom, 2-bathroom unit with total 876 square feet. Borrower exit strategy for this loan is to sell the Zephyrhills property upon expiration of the lease.