New Loan Funded!

0 Pritchard Rd, Jacksonville, FL 32220 & 52 Industrial Road, Elizabethtown, Pa 17022

Collateral:

0 Pritchard Rd, Jacksonville, FL 32220 & 52 Industrial Road, Elizabethtown, Pa 17022

Description:

Borrower requested a $3,500,000 loan to purchase commercial land in Jacksonville, Florida, while additionally pledging an industrial property in Elizabethtown Pennsylvania. The borrower is purchasing the property for $3,250,000 and plans to parcel the property and sell a portion of the land while developing the other portion. The borrower owns a food refrigeration company and is an experienced real estate investor. A recent appraisal is available.

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.