Borrower requested a $75,000 loan to complete a residential new construction project that is currently in progress in Spring hill Florida. The borrower purchased the land and has since self-performed the build of the shell for a 1,956 sq/ft residential home. The borrower is an experienced real estate investor and builder, as well as a repeat DKC client that has paid off 5+ loans in the last 2 years.
Collateral:
Type: Refinance
Description:
This is a $60,000 refinance loan request secured by a free-and-clear single-family home located in Lehigh Acres, Florida. The subject property is a 3-bedroom, 1-bathroom residence offering 920 square feet of living space. The primary exit strategy for the loan is repayment through cash flow from business and secondary option is to refinance into a DSCR loan if additional time is needed.
- Loan Amount: $60,000
- Date: October 2025
