New Loan Funded!

1809 N 34th St, Tampa, FL 33605

Collateral:

1809 N 34th St, Tampa, FL 33605

Description:

Borrower requested a $408,000 loan to refinance a commercial laundry mat in Tampa, Florida. The borrower purchased the property in 2019 for $370,000 and spent $75,000 on building improvements and $150,000 on laundry machines. The property is now a fully operational laundry mat cash flowing and profitable each month. The borrower is an experienced, repeat investor with an extensive rental portfolio and has operated and sold multiple businesses in the automotive industry.

Collateral:

Wesley Chapel, FL

Description:

The borrower has requested a $242,000 loan to purchase a townhome in Wesley Chapel, Florida. The home was completed in 2025 and features 3 bedrooms, 2.5 bathrooms, and approximately 2,132 square feet of living space across two stories. The property also includes a two-car garage. As an exit strategy, borrower intends to refinance the property.

Collateral:

Type:

Naples, FL & Glendale, NY

Description:

The borrower requested a $720,000 loan to refinance a single-family property located in Naples, Florida. Built in 2014, the home features 6 bedrooms, 4 bathrooms, 3,266 square feet of living area, a 2-car garage, and a screened-in inground pool situated on a 0.22-acre lot. The New York property is a brick multifamily asset originally built in 1905 and consists of three units: one 4-bedroom/1-bath unit, one 3-bedroom/1-bath unit, and one 2-bedroom/1-bath unit. The goal is to position to refinance into a conventional mortgage product in the future.

Collateral:

Type:

Panama City, FL

Description:

The borrower has requested a $110,000 loan to refinance a single-family property located in Panama City, Florida. The property features 3 bedrooms, 2 bathrooms, and approximately 1,144 square feet of living space.