Borrower requested a $150,000 loan to purchase a single-family, fix and flip in Palm Harbor, Florida. The borrower paid $270,000 for the property and has a minor cosmetic $15,000 renovation planned. Borrower works for a construction company and will be performing the majority of the work himself. Borrower has closed 6+ loans with DKC in the last 12 months.
Collateral:
Type: New Construction
Description:
Borrower requested a $110,000 loan to complete construction of a single-family property in Lehigh, Florida. The property features 4 bedrooms and 3 bathrooms, 2,152 square feet of living space, and a 2-car garage on a 0.25-acre lot. Borrower plans to lease the property for an annual rental after the renovation and refinance as an exit to the loan.
- Loan Amount: $110,000
- Date: July, 2026
