New Loan Funded!

3906 W 21st St, Panama City, FL 32405

Collateral:

3906 W 21st St, Panama City, FL 32405

Description:

Borrower requested a $108,000 loan to purchase a single-family property in Panama City, Florida. The borrower paid $155,000 for the property and has a $22,000 construction budget planned that is primarily cosmetic. The property features 3 beds and 2 baths at 1,215 sq/ft. Borrower plans to sell the property for a profit once the renovation is completed, ARV estimated around $290,000+.

Collateral:

Type:

Description:

This is a $60,000 refinance loan request secured by a free-and-clear single-family home located in Lehigh Acres, Florida. The subject property is a 3-bedroom, 1-bathroom residence offering 920 square feet of living space. The primary exit strategy for the loan is repayment through cash flow from business and secondary option is to refinance into a DSCR loan if additional time is needed.

Collateral:

Description:

The borrower requested a $50,000 Fix & Lease loan secured by a condominium in Largo, FL. The subject property features 1 bedroom, 1.5 bathrooms, and 715 living square feet. The borrower’s exit strategy is to refinance upon lease stabilization.

Collateral:

Type:

Description:

This request is for a $60,000 refinance loan secured by a condominium property located in Zephyrhills, Florida. The collateral is a 2-bedroom, 2-bathroom unit with total 876 square feet. Borrower exit strategy for this loan is to sell the Zephyrhills property upon expiration of the lease.