The borrower requested a $129,500 loan, pledging a recently purchased single-family fix and flip property in Tampa, Florida as collateral. The property was recently
purchased in April for $185,000, and the property is currently tenant-occupied. The property sits on .69 acres and can be split into 2-3 lots for new construction.
Type: Refinance
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.
Type: Refinance
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.
Type: Refinance
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.
DKC Lending offers hard money lending services to real estate investors in Florida and select cities across the country. We provide borrowers with personalized loan consultation services and funding. DKC Lending also offers loan servicing for mortgage investors.
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