Florida Hard Money Loans
Need a lender for a Florida hard money loan? We’ve got you covered. The Florida real estate market provides many great opportunities for investors, both experienced and those brand new to house flipping. You’ll want funding for your property purchase and rehab and we can provide that, up to 70% of the ARV. A poor credit score won’t hold you back either, because we have options for those borrowers as well.
Quick closing and turn around is important with your hard money loan, we often close in as few as 15 business days. DoHardMoney understand real estate investors because we’re real estate investors. House flipping, rental properties and refinancing are in our DNA.
No Experience Required
No Minimum Credit Score
Interest rates starting at 7.99%
Loans from $50k – $5M
No prepayment penalty
Up to 100% advance on rehab costs
Up to 100% advance on purchase price
Lend up to 70% of ARV
5 – 12 month loan terms
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Florida Hard Money Loan Terms
Share your passion for real estate investing with us by allowing us to be your Flordia hard money lender. Depending on the type of real estate deal and your particular circumstances we have a loan option that will allow us to fund any great deal. Even for inexperience borrowers. We LOVE working with new investors, and we have structured our loans to help those with less experience learn while doing. Borrowers with more experience will usually be able to get terms more suited to their background, and structure deals for a wider variety of property types. Our Florida hard money loans allow us to extend funding for fix and flip investments that can cover purchase price and rehab costs. We have fantastic rental loan options for your buy and hold property consisting of 1-4 units. We can work with foreclosure situations, refinancing and even fund some new construction.
Give DoHardMoney.com a call today – let us be your hard money lender!
Florida Real Estate Market Statistics (2015)
Florida is known as the “Sunshine State,” and with good reason! Thousands of vacationers flock to this state for excitement, adventure and some fun in the sun. Real estate markets have been booming in Florida year after year due to the gorgeous weather and abundant property opportunities. In the past year alone, the number of flips has increased by 50% and overall home values have risen 9.5%. Housing prices in Florida are predicted to slowly rise higher, which means you could still purchase a property for a great deal and also receive an excellent return on your investment. Jack McCabe, a housing consultant, states, “There’s a growing demand and no new pipeline to increase the supply. That always pushes prices up.” Now would be a great time to invest in properties in Florida and Do Hard Money has the connections you need to get funding.