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 $100,000 refinance loan request at 50% loan-to-value (LTV), secured by a Lake Worth, Florida condominium unit. The property has two bedrooms, two and a half bathrooms, and approximately 1,500 square feet of living space. Borrower plans to complete the renovation and exit the loan through a conventional property sale.

Collateral:

Description:

This is a $180,000 new construction loan request. The loan is secured by a single-family residence in Winter Haven, Florida. Upon completion, the property will comprise three bedrooms and 2.5 bathrooms, totaling 1,536 square feet of living space. The design features two stories, with 625 square feet on the first level and 901 square feet on the second. Borrower intended exit strategy is a DSCR-based refinance.

Collateral:

Description:

This is a $255,000 new construction loan request for a duplex located in Lake Wales, FL. The proposed duplex will consist of two units, each featuring three bedrooms, two bathrooms, and approximately 1,005 square feet of living space, totaling six bedrooms, four bathrooms, and 2,010 square feet of combined living space. Borrower’s refinancing strategy is designed to manage debt and cash flow based on rental income.