New Loan Funded!

Rose Arbor Dr, Hernando Beach, FL

Collateral:

Rose Arbor Dr, Hernando Beach, FL

Description:

This is a $150,000 new construction loan request for a single-family waterfront property in Hernando Beach, FL. Upon completion, the property will feature two bedrooms, two bathrooms, and 1,231 square feet of living space across two stories. It is hurricane-resistant, elevated on concrete pillars 10 feet above sea level, with the first floor 22 feet above sea level. The borrower, plans to list the completed property as his exit strategy for the loan.

Collateral:

Type:

Description:

This is a $400,000 refinance loan request for a quadplex in Treasure Island, FL, which the borrower owns free and clear. The property consists of four one-bedroom, one-bathroom units, each measuring 527 square feet, for a total living space of 2,108 square feet. Borrower plans to make monthly interest payments using the property’s cash flow and available reserves.

Collateral:

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Description:

This is a $200,000 refinance loan request for a single-family property located in Tampa, Florida. The property features three bedrooms, two bathrooms, a one-car garage, and 1,425 square feet of living space. The borrower intends to refinance the loan using a DSCR loan as an exit strategy.

Collateral:

Description:

This is a $186,000 fix-and-lease loan request ($161,000 at closing) for a single-family property in Tampa, FL. The home features three bedrooms, two bathrooms, and 1,288 square feet of living space. It has already been gutted and reframed, with partially completed bathrooms and flooring. The borrower plans to refinance through a DSCR loan as the exit strategy.