New Loan Funded!

5 Sapphire Court, Ocala FL 34472

Collateral:

5 Sapphire Court, Ocala FL 34472

Description:

Borrower requested a $105,000 loan, to purchase a single family property in Ocala, Florida. The borrower is paying $150,000 for the property and has a $25,000 construction budget planned. Borrower works for a construction company and will be performing the majority of the work himself. Borrower plans to lease the property for as an annual rental after the renovation and refinance as an exit to the loan. Recent appraisal is available.

Collateral:

Type:

Description:

Borrower is secured by four properties: a luxury condominium in Miami, FL; a single-family home in Roswell, GA; and two properties in Greenwood, SC—a commercial building and a single-family home. The borrower intends to refinance the loan using a DSCR (Debt Service Coverage Ratio) product.

Collateral:

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Description:

The borrower has requested a $170,000 refinance loan on two manufactured mobile homes located in Haven and Branford, Florida. The mobile home located on Horseshoe Loop has 5 bedrooms and 2 bathrooms and spans 2,052 sq ft. The home on NW 37th Ct has 3 bedrooms, 2 bathrooms, and is 960 sq ft. The borrower intends on flipping the properties, and selling as an exit.

Collateral:

Type:

Description:

Borrower requested a $100,000 loan to refinance a single-family property in Port Richey, Florida. The property features 2 beds and 2 baths at 1,606 sq/ft with an inground pool and a dock on Double Hammock Creek. The borrower plans to sell the property as an exit to the loan.