Borrower requested a $343,000 loan to purchase a $490,000 renovated corner unit condo in Island Estates Clearwater, FL. Borrower is a businessman from Indiana and is purchasing this 2 bed 2 bath condo as a vacation home.
Type: Refinance
The borrower is requesting a $200,000 loan secured by a 3/2 single-family home. The borrower’s exit strategy is to refinance into a DSCR loan once the property has established rental history.
Type: Fix and Flip
The borrower is requesting a $150,000 loan to acquire a single-family residence located in Tampa, Florida. The property consists of 3 bedrooms, 2 bathrooms, and approximately 1,378 square feet of living area. The borrower’s exit strategy is the retail sale of the property.
Type: New Construction
This is a $150,000 new construction loan request for a single-family property in Saint Petersburg, Florida. The borrower plans to list the property for sale as the exit for this loan.
DKC Lending offers hard money lending services to real estate investors in Florida and select cities across the country. We provide borrowers with personalized loan consultation services and funding. DKC Lending also offers loan servicing for mortgage investors.
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