New Loan Funded!

US Hwy 19 N, Clearwater, FL 33761

Collateral:

US Hwy 19 N, Clearwater, FL 33761

Description:

Borrower requested a $310,000 loan to refinance a commercial property in Clearwater, Florida. The property was previously known as Hamburger Mary’s, a single-story restaurant/retail building with 6 baths at 7,932 sq/ft sitting on 1.93 acres. Borrower plans to use the loan proceeds to make necessary improvements to the property, to then sell as an exit to the loan.

Collateral:

Description:

This is a $200,000 new construction loan request secured by a single-family new construction project in Tampa, FL. The subject property will feature 3 bedrooms and 2 bathrooms, a 1-car garage with 1,176 square feet of living space. The borrower plans to refinance the property as an exit to this loan.

Collateral:

Description:

Borrower requested a $550,000 fix-and-lease loan request secured by a commercial property in

Clearwater, FL, and 2 ongoing construction projects consisting of single-family homes in Dunedin, FL. The primary exit strategy is to sell the property.

Collateral:

Description:

This request is for a $170,000 new construction loan, secured by a single-family residence in Dover, Florida. The planned improvements include a 1,849-square-foot home with three bedrooms, two bathrooms, an office, a two-car garage, and a covered lanai. The borrower primary exit strategy is to sell the property upon completion.