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:
This is a $100,000 refinance loan request secured by a single-family property located in Odessa, FL. The subject property, built in 2023, features 4 bedrooms, 3.5 bathrooms, and 3,038 square feet of living space. The exit strategy is the sale of the property
- Loan Amount: $100,000
- Date: April 2026
