Borrower requested a $85,000 loan to purchase a single-family fix and flip property in Eustis, Fl. The borrower paid $64,000 for the property and has a $45,000 total construction budget planned with a draw schedule from DKC. The property features 3 beds and 1 bath at a total 908 sq/ft. Borrower plans to rehab the property and then sell the property after the renovation as an exit to the loan.
Collateral:
Type: Refinance
Description:
Borrower is requesting a $325,000 loan secured by a single-family property in Tampa, Florida. The property features 9 bedrooms, 5 bathrooms, 4,010 heated square feet, and sits on a 16,496-square-foot lot while being rented for $9,000 per month. The borrower plans to refinance the loan as exit strategy.
- Loan Amount: $325,000
- Date: September 2026
