New Loan Funded!

3002 Ponderosa Trail, Wimauma, FL 33598

Collateral:

3002 Ponderosa Trail, Wimauma, FL 33598

Description:

Borrower requested a $110,000 refinance on a single-family new construction property in Wimauma, Florida. The borrower purchased the land for $40,000 in 2014 and invested roughly $273,000 to date in building a new construction single-family home. The property features 4 beds and 4 baths at 3,804 total sq/ft. Borrower will use the loan proceeds to fund the completion of the build, as he has used cash to this point, and plans to refinance and occupy the property as an exit to the loan.

Collateral:

Description:

This is a $200,000 new construction loan request secured by a single-family new construction project in Tampa, FL. The subject property will feature 3 bedrooms and 2 bathrooms, a 1-car garage with 1,176 square feet of living space. The borrower plans to refinance the property as an exit to this loan.

Collateral:

Description:

Borrower requested a $550,000 fix-and-lease loan request secured by a commercial property in

Clearwater, FL, and 2 ongoing construction projects consisting of single-family homes in Dunedin, FL. The primary exit strategy is to sell the property.

Collateral:

Description:

This request is for a $170,000 new construction loan, secured by a single-family residence in Dover, Florida. The planned improvements include a 1,849-square-foot home with three bedrooms, two bathrooms, an office, a two-car garage, and a covered lanai. The borrower primary exit strategy is to sell the property upon completion.