Borrower requested a $108,500 loan to purchase a $155,000, 2 bed 1 bath property in St, Petersburg Florida. The property is set to undergo a $15,000 cosmetic renovation before being rented out for long term housing. Borrower plans to exit the loan with a bank refinance, adding the property to his rental portfolio as it is in a desirable location.
Private hard money lender, DKC Lending offers hard money lending services to real estate investors in Tampa, Florida. We provide borrowers with personalized loan origination services and funding. DKC Lending also offers loan servicing for mortgage investors.
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