New Loan Funded!

2533 18th St S, St Pete, FI, 33712

Collateral:

2533 18th St S, St Pete, FI, 33712

Description:

Borrower requested a $220,000 new construction loan to build a single-family home, in St. Petersburg, Florida. The construction plans consist of a 1,232 sq/ft main home, with an additional ADU that features a 2 car garage and 624 heated sq/ft. The borrower has a $290,000 total construction budget planned, and has currently spent $75,000 on the construction and $30,000 on the land. The slab and block construction have been completed, along with the truss order. The property will consist of a 3 bed and 2 bath and a 1 bed 1 bath efficiency.

Collateral:

Type:

Aqua Lane, Odessa, FL

Description:

Borrower requested a $150,000 loan to refinance a single-family property in Odessa, Florida. The property features 4 beds and 4 baths at 4,285 sq/ft. Borrower plans to use the proceeds of this loan to pay off debt and plans to list the property for sale as an exit to this loan.

Collateral:

Type:

Osborne Rd, Tampa, FL, Collateral 2: Bloomingdale Villas Ct, Brandon, FL

Description:

The borrower requested an $860,000 loan to refinance both a commercial property and a quadplex property in Tampa FL. The commercial property (Osborne) features 9 commercial units at a total of 7,435 rentable square footage and is currently being leased. The additional collateral located on
Bloomingdale Villas features 4 units with a total of 3 bedrooms and 2 bathrooms at 4,024 sq/ft. The borrower plans to refinance as an exit to the loan.

Collateral:

Woodgrove Ct, Palm Harbor, FL

Description:

The borrower requested a $525,000 loan to purchase a single-family property in Palm Harbor, Florida. The property features 4 beds and 3 baths at 2,969 sq/ft. The borrower plans to lease the property as a short-term rental and refinance as an exit to the loan.