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:

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Description:

This is a $400,000 refinance loan request for a quadplex in Treasure Island, FL, which the borrower owns free and clear. The property consists of four one-bedroom, one-bathroom units, each measuring 527 square feet, for a total living space of 2,108 square feet. Borrower plans to make monthly interest payments using the property’s cash flow and available reserves.

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Description:

This is a $200,000 refinance loan request for a single-family property located in Tampa, Florida. The property features three bedrooms, two bathrooms, a one-car garage, and 1,425 square feet of living space. The borrower intends to refinance the loan using a DSCR loan as an exit strategy.

Collateral:

Description:

This is a $186,000 fix-and-lease loan request ($161,000 at closing) for a single-family property in Tampa, FL. The home features three bedrooms, two bathrooms, and 1,288 square feet of living space. It has already been gutted and reframed, with partially completed bathrooms and flooring. The borrower plans to refinance through a DSCR loan as the exit strategy.