An experienced investor requested a fix and flip loan on a single-family property in Panama City, Florida. The property suffered damage in the previous hurricane and is in need of a complete renovation including a new roof, AC, and full cosmetics. Borrower plans to spend $107,000 on construction, and DKC Lending will provide a draw schedule. Property is in an upcoming area of Panama City with an anticipated ARV of around $250,000.
Collateral:
Type: New Construction
Description:
This is a $480,000 new construction loan request, with $200,000 funded at closing, secured by a non-waterfront single-family-zoned lot in Redington Shores, Florida. The project will consist of a three-story, coastal-style home featuring three bedrooms, three bathrooms, approximately 2,072 heated square feet, and a two-car garage. The primary exit strategy is a retail sale.
- Loan Amount: $480,000
- Date: February 2026
