Recent Loan Closings

Collateral:

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Description:

Borrower requested a $150,000 loan to refinance a newly constructed, single-family property in Homosassa, Florida. The property features 3 beds and 2.5 baths at 2,079 sq/ft and recently received the certificate of occupancy.

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Borrower requested an $85,000 loan to refinance a manufactured mobile home property in Dover, Florida. The property features 2 manufactured homes, the first featuring 4 beds and 2 baths at 1,512 sq/ft and the 2nd features 2 beds, 1 bath at 900 sq/ft.

Collateral:

Description:

Borrower requested a $165,000 loan to complete a new construction, single-family build in Tampa, Florida. The property will feature 3 beds and 2 baths at 1,527 heated sq/ft. Borrower plans to sell the property once construction is complete as an exit to the loan.

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Borrower requested a $220,000 loan to refinance a single-family property in Dunedin, Florida. Borrower plans to complete a cosmetic renovation that includes a new roof and rent-ready updates. The property features 2 beds and 2 baths at 1,376 sq/ft. The borrower plans to lease the property for an annual rental after the renovation and refinance as an exit to the loan.

Collateral:

Description:

Borrower requested a $245,000 loan to purchase a single-family property in Weeki Wachee, Florida. The borrower paid $350,000 for the property and will be performing minor cosmetic upgrades. The property features 3 beds and 2 baths at 1,732 sq/ft on a 1.41 acre lot. Borrower plans to lease the property as an annual rental and refinance as an exit to the loan.

Collateral:

43rd St S, St Petersburg, FL 33711

Description:

Borrower requested a $115,000 loan to purchase a single-family property in St. Petersburg, Florida. The property features 2 beds and 1 bath at 800 sq/ft. The borrower plans to lease the property for an annual rental after the renovation and refinance as an exit to the loan.

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Valewood Dr, Naples, FL 34119

Description:

Borrower requested a $535,000 loan to refinance a single-family property in Naples, Florida. The property features 4 beds and 7 baths at 7,240 sq/ft sitting on a 0.82 acre lot. The borrower is selling another investment property simultaneously and will use sale proceeds as an exit to the loan.

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56th St, Gulfport, FL 33707

Description:

Borrower requested a $250,000 loan to refinance a single-family property in Gulfport, Florida. The borrower has an extensive rehab budget planned, and the property features 3 beds and 1 bath at 1,027 sq/ft. The borrower plans to complete the renovation, lease the property and refinance as an exit to the loan.

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Borrower requested a $157,000 loan to purchase a single-family property in Panama City, Florida. The property features 4 beds and 2 baths at 1,940 sq/ft. Borrower plans to complete a remodel and then list the property for sale after the renovation as an exit to the loan.

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Diamond St, Tampa, FL 33619

Description:

Borrower requested a $240,000 loan to refinance a multi-family property (duplex) in Tampa, Florida. The property features 2 units, each featuring 3 beds and 1 bath at 936 sq/ft (1,872 sq/ft total). Borrower is keeping the property as a long-term rental, and is using the loan proceeds to purchase another investment property.

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Borrower requested a $220,000 loan to purchase a single-family property in Cape Coral, Florida. The borrower is planning to complete a renovation on the property that features 3 beds and 2 baths at 1,458 sq/ft on a 9,757 sq/ft lot. Borrower plans to complete the renovation and sell for a profit as an exit to the loan.

Collateral:

Mango St, New Port Richey, FL 34654

Description:

Borrower requested a $45,000 loan to purchase a manufactured home in New Port Richey, Florida. The property features 2 beds and 2 baths at 840 sq/ft. The borrower plans to lease the property for an annual rental after the renovation and refinance as an exit to the loan.

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Bonita Vista Dr, Tampa, FL 33634

Description:

Borrower requested a $55,000 loan to refinance a single-family property in Tampa, Florida. The property was purchased in 2000 and features 2 beds and 2 baths at 1,314 sq/ft. The borrower plans to perform minor updates to the property and is currently leasing the property for $2,500 a month, refinancing as an exit to the loan.

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Guardian Ave, Holiday, FL 34690

Description:

Borrower requested a $119,000 loan to purchase a single-family property in Holiday, Florida. The borrower plans to self-fund a remodel, and then sell as an exit to the loan. The property features 2 beds and 2 baths at 1,004 sq/ft.

Collateral:

98th Ave, Pinellas Park, FL 33782

Description:

Borrower requested a $500,000 loan to refinance a single-family property in Pinellas
Park, Florida. The property features 4 beds and 3.5 baths at 2,812 sq/ft sitting on a 3/4 acre
lot. The borrower plans to use the funds to complete repairs on the property in preparation to list the property on Airbnb. Borrower plans to refinance as an exit from the loan.

Collateral:

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W Rio Vista Ave, Tampa, Fl 33603

Description:

Borrower requested a $158,000 loan to purchase a single-family property in Tampa, Florida. The property features 2 beds and 1 bath at 975 sq/ft on a 6,242 sq/ft lot and is currently in framing, in need of a full remodel. Borrower plans to list the property for sale
after the renovation as an exit to the loan.

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Howell Rd, Plant City, FL 33566, Wiggins Rd, Plant City, FL 33566

Description:

Borrower requested a $200,000 loan to purchase a manufactured property in Plant City, Florida. The borrower additionally pledged another property in Plant City, owned free and clear as collateral to the loan. Borrower plans to lease the property as an annual rental after the renovation and refinance as an exit to the loan.

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Bayway Blvd #804, Clearwater, FL 33767

Description:

Borrower requested a $300,000 loan to refinance a condo in Clearwater, Florida. The property features 2 beds and 2 baths at 1,260 sq/ft and was built in 1974. The property is currently rented out on an annual basis, but will soon be converted to a short-term rental.

Collateral:

N 42nd St, Tampa, FL 33610

Description:

Borrower requested a $175,000 loan to acquire a single-family property in Tampa, Florida. The property features 2 bedrooms and 1 bath at 800 sq/ft. The property has recently undergone a comprehensive renovation and is in excellent condition. The borrower plans to lease the property as an annual rental and plans to refinance as an exit to this loan.

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Galloway Rd, Lakeland, FL 33810

Description:

Borrower requested a $320,000 loan to refinance a new construction property in Lakeland, Florida. The new property will feature 3 beds and 3 baths at 2,498 sq/ft. The borrower will refinance or sell depending on the market conditions at the time of completion.

Collateral:

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72nd Ave, Seminole, Fl 33772

Description:

Borrower requested a $126,000 loan to purchase a single-family property in Seminole, Florida. The property features 2 beds and 1 bath at 780 sq/ft sitting on a 7,340 sq/ft lot. The borrower plans to list the property for sale after the repairs as an exit to the loan.

Collateral:

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N 52nd St, Tampa, FL 33619

Description:

Borrower requested a $120,000 loan to refinance a single-family property in Tampa, Florida. The borrower purchased the property in 2017 and is in the process of completing a renovation. The property features 3 beds and 2 baths at 1,200 sq/ft. Borrower plans to lease the property as an annual rental after the renovation and refinance as an exit to the loan.

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Collins Ave, Sunny Isles Beach, FL 33160 Collateral 2: Waterfront St. #402 Oxon Hill, MD 20745 Collateral 3: River Mist Dr. Oxon Hill, MD 20745

Description:

Borrower requested a $1.8M loan to refinance a luxury apartment in Sunny Isles, Florida. The property features 4 beds and 5 baths at 3,171 sq/ft. Additionally, the borrower is pledging two condos in Maryland as collateral for this loan. Borrower plans to secure bank financing to refinance as an exit to the loan.

Collateral:

Gandy Blvd N Unit 1416, Saint Petersburg, FL 33702

Description:

Borrower requested a $92,000 loan to purchase a condo in Saint Petersburg, Florida. The property features a 1 bedroom, 1 bathroom at 615 sq/ft with an assigned parking spot. The borrower plans on rehabbing and leasing the property as an annual rental and refinancing as an exit to the loan.

Collateral:

Description:

Borrower requested a $400,000 loan to purchase a commercial office building in Tampa, Florida. The property features multiple offices, 2 baths and 3,217 sq/ft. Borrower plans to lease the offices as annual rentals after the renovation and refinance as an exit to the loan.

Collateral:

Description:

Borrower requested a fix and lease loan for a condo in St. Petersburg Fl. The property features 2 beds and 2 baths at 1,350 sq/ft. Borrower plans to complete a cosmetic renovation and refinance as an exit to the loan.

Collateral:

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Description:

Borrower requested a refinance on a property portfolio that consisted of 3 single-family homes, and 1 lot in Tarpon Springs, each with their respective strategies for renovation, rental, sale, or new construction.

Collateral:

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Temple Ter, North Fort Myers, FL 33917

Description:

The borrower requested a $150,000 loan to purchase a single-family property in North
Fort Myers, Florida. The property features 4 beds and 2 baths at 2,277 sq/ft. The borrower plans to renovate and then lease the property and then refinance as an exit to the loan.

Collateral:

E Waters Ave, Tampa, FL 33604

Description:

Borrower requested a $135,000 loan to purchase a single-family property in Tampa,
Florida. The property features 4 beds and 2 baths at 1,138 sq/ft on a 0.25-acre lot. The borrower plans to renovate the property and then refinance as an exit to the loan.

Collateral:

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Langston Ave, New Port Richey, FL 33653

Description:

DKC Provided a fix and lease loan to an ALF property that featured 12 rooms and 2 baths, covering a total area of 5,976 sq/ft, situated on a 2.10-acre lot. The property holds potential for expansion, with the ability to add an additional 24 beds to the existing 24. The borrower plans to renovate the property and then refinance as an exit to the loan.