New Loan Funded!

801 S Poinsettia Dr, Tampa FL

Collateral:

801 S Poinsettia Dr, Tampa FL

Description:

SALE DATE: 10/15/2021
MARKET: South Tampa
ASSET TYPE: Redevelopment Fix and Flip
BUYER/BORROWER: 365 Property Partners LLC
DEVELOPER: Jerry Brit
ARV: 2,000,000

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.