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:

Type:

Description:

Borrower is requesting a $325,000 loan secured by a single-family property in Tampa, Florida. The property features 9 bedrooms, 5 bathrooms, 4,010 heated square feet, and sits on a 16,496-square-foot lot while being rented for $9,000 per month. The borrower plans to refinance the loan as exit strategy.

Collateral:

Description:

The borrower, an experienced investor, is leveraging equity in two existing free-and-clear properties, a recently acquired Florida condo and a long-held North Carolina mountain estate, to fund the time-sensitive acquisition of a Southwest Ranches residence. The borrower represents as a long-term, buy-and-hold owner as an exit to the loan.

Collateral:

Description:

Borrower has requested a $320,00 loan to purchase a single-family property in Ocala, Florida. The 1989-built single-family home features 3 bedrooms, 3 bathrooms, and approximately 3,032 square feet of living space. The borrower will refinance as an exit to the loan.