New Loan Funded!

Sligh Ave, Tampa, FL & 12th Ave, Tampa, FL

Collateral:

Sligh Ave, Tampa, FL & 12th Ave, Tampa, FL

Description:

This is a $495,000 loan request for acquiring two adjacent land parcels on Sligh Avenue in Tampa, Florida. The proposed homes will range from 3,200 to 3,600 square feet of livable space and are expected to feature modern architectural design, luxury finishes, lanais, pools, and other high-end amenities. The anticipated exit strategy is to transition into a construction loan with DKC Lending to sell the completed homes on the open market.

Collateral:

Type:

Description:

This is a $100,000 refinance loan request at 50% loan-to-value (LTV), secured by a Lake Worth, Florida condominium unit. The property has two bedrooms, two and a half bathrooms, and approximately 1,500 square feet of living space. Borrower plans to complete the renovation and exit the loan through a conventional property sale.

Collateral:

Description:

This is a $180,000 new construction loan request. The loan is secured by a single-family residence in Winter Haven, Florida. Upon completion, the property will comprise three bedrooms and 2.5 bathrooms, totaling 1,536 square feet of living space. The design features two stories, with 625 square feet on the first level and 901 square feet on the second. Borrower intended exit strategy is a DSCR-based refinance.

Collateral:

Description:

This is a $255,000 new construction loan request for a duplex located in Lake Wales, FL. The proposed duplex will consist of two units, each featuring three bedrooms, two bathrooms, and approximately 1,005 square feet of living space, totaling six bedrooms, four bathrooms, and 2,010 square feet of combined living space. Borrower’s refinancing strategy is designed to manage debt and cash flow based on rental income.