Mortgage lead for Residential loan in Venice,, FL, 34285

Loan Request for Residential loan in Venice,, FL, 34285

Request #3749182 by Lender

Date Posted

8/4/2025 11:23:33 AM

Property at

Venice,, FL, 34285, USA Show Map

Borrower at

Property Type

Residential

Property Value

$630,000

Loan Request

$405,000

LTV

64.29 %

Credit Rating

700-719

Net Worth

$100,000 - $150,000

Loan Purpose

Property Purchase

Purpose

I’m reaching out regarding an investment opportunity to help launch a licensed 8-bed Assisted Living Facility (ALF) in Venice, Florida.

Project Overview:
• Goal: Acquire and convert a residential property into an 8-bed ALF
• Property: 716 Laurel Ave, Venice, FL 34285 (target property)
• Use of Funds: Property acquisition, renovations, ADA compliance, licensing, and initial working capital
• Structure: We’re seeking an investor to purchase the property, with us making interest-only payments for 24 months, followed by a refinance via SBA 7(a) loan to buy out the investor

Why Invest:
• We currently operate a licensed 6-bed ALF in West Palm Beach, with established systems, experience, and compliance already in place
• Proven demand for quality senior care in both West Palm Beach and the Venice area
• Investor maintains ownership during the 2-year term, offering secured, interest-based returns
• Clear exit strategy through SBA-backed refinance after stabilization

If this aligns with your investment focus, we’d love to share our business plan, projections, and exit timeline.

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Loan Request for Residential loan in Venice,, FL, 34285