Finding the best hard money lenders in Apollo Beach FL is crucial to your real estate investing success. Whether you’re new to real estate investing or you’ve been doing it years, your Apollo Beach hard money loans can end up costing you thousands of dollars if you don’t select your hard money lender carefully. Whether you’re looking for a fix and flip loan or a longer term rental loan for the BRRRR Method, a bad hard money loan can cost you thousands of dollars in profit if you don’t account for things like origination fees, monthly interest, prepayment penalties and more. On the flip side, a favorable hard money loan can provide the financing you need to make a deal possible and successful. Apollo Beach private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Apollo Beach FL
Birchwood Loans
Birchwood Hard money offers Hard money loans for Real Estate Investors in Tampa and surrounding areas. With Birchwood, you will find a fast and easy source of hard money lender funding for your real estate investments. They can finance up to 60% LTV for a period of up to 5 years and provide interest only payments. They can give you an approval within 24 hrs. The paperwork for the closing is typically 3-5 business days.
AHL Hard Money
AHL Hard Money offers the following niche programs: Hard money loans, private money loans, cash out refinance, bad credit loans, home equity loans. According to their website, they specialize in special needs. Whether that be for credit challenged borrowers, the self employed, or other unique circumstances.
Bridgewell Capital
Bridgewell Capital is a hard money lender based in Orlando. They offer rehab loans for flips and for rental properties. They also do multifamily loans and commercial loans.
Here are some of their fix and flip loan terms:
- Up to 100% of rehab costs
- Up to 75% ARV
- Closings in 10 days
- Damaged Credit Okay
- No interest on undrawn rehab funds
- No pre-payment penalty
Civic Financial Services
Our next hard money lender is CIVIC Financial Services. CIVIC is a best-in-class real estate lender that provides fast and simple financing to real estate investors. Whether the intention is to buy a single-family home to flip, to leverage an existing portfolio of rental homes to hold long term, or to acquire multifamily real estate for cash flow, they have a focused team and set of products that empower investors to build wealth through real estate.
A2Z Capital Lending
A2Z Capital Lending is a Florida based hard money lender. They have excellent reviews on Google and a professional website. They’ve been operating in Florida in many years so you can use them confidently.
Unlike traditional bank loans, the ability to obtain hard money financing isn’t determined by the borrower’s credit worthiness. Instead, A2Z Capital Lending uses the value of the property itself in determining whether to make the loan.
FAQ about the Best Hard Money Loans in Apollo Beach
What Do Apollo Beach Hard Money Lenders Charge?
Hard money loan rates in Apollo Beach range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Apollo Beach also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Apollo Beach Require Appraisals?
With most hard money lenders in Apollo Beach, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Apollo Beach?
Hard money loans in Apollo Beach are loans secured by real estate used to purchase or rehab that piece of property. These short term loans are used to purchase and/or rehab residential or commercial properties. They’re usually more expensive than traditional loans but can be closed faster and oftentimes with less credit requirements.
More About Apollo Beach Florida
Apollo Beach is a small, charming town located in Hillsborough County, Florida. It is situated on the eastern side of Tampa Bay and is known for its beautiful beaches, wildlife, and outdoor activities. Here is a detailed review of Apollo Beach, including the best things to do, places to see, food to eat, and more.
Things to Do:
1. Visit the Apollo Beach Nature Preserve: This 90-acre nature preserve is a must-visit for nature lovers. It features a boardwalk that takes you through the mangroves and offers stunning views of the Tampa Bay.
2. Go Fishing: Apollo Beach is known for its excellent fishing opportunities. You can fish from the shore or rent a boat and head out into the bay.
3. Take a Dolphin Tour: There are several companies that offer dolphin tours in Apollo Beach. You can get up close and personal with these friendly creatures and learn about their behavior and habitat.
4. Play Golf: Apollo Beach has several golf courses, including the Apollo Beach Golf Club and the Club Renaissance. These courses offer challenging holes and beautiful views of the bay.
5. Visit the Manatee Viewing Center: The Manatee Viewing Center is a popular attraction in Apollo Beach. It offers a chance to see these gentle giants up close and learn about their habitat and behavior.
Places to See:
1. Apollo Beach: The beach itself is a beautiful place to visit. It offers white sand, clear water, and stunning views of the bay.
2. Tampa Electric’s Manatee Viewing Center: This center is a great place to learn about manatees and their habitat. You can also see them up close in the water.
3. Ruskin Drive-In Theatre: This drive-in theater is a fun place to catch a movie under the stars. It has been around since 1952 and is a local favorite.
4. Little Harbor: Little Harbor is a beautiful marina and resort that offers stunning views of the bay. It is a great place to relax and enjoy the scenery.
5. E.G. Simmons Park: This park is a great place to go for a picnic or a hike. It offers beautiful views of the bay and has several trails to explore.
Food to Eat:
1. Circles Waterfront Restaurant: This restaurant offers stunning views of the bay and delicious seafood dishes. It is a great place to go for a romantic dinner or a special occasion.
2. Apollo’s Bistro: This bistro offers a variety of dishes, including seafood, steak, and pasta. It has a cozy atmosphere and is a great place to go for a casual dinner.
3. Latitudes Apollo: This restaurant offers a variety of dishes, including seafood, burgers, and salads. It has a fun atmosphere and is a great place to go for a night out with friends.
4. Sunset Grill: This grill offers a variety of dishes, including seafood, burgers, and sandwiches. It has a casual atmosphere and is a great place to go for a quick lunch.
5. The Fish House: This restaurant offers a variety of seafood dishes, including crab cakes, shrimp, and fish tacos. It has a fun atmosphere and is a great place to go for a casual dinner.
Overall, Apollo Beach is a great place to visit for nature lovers, outdoor enthusiasts, and anyone looking for a relaxing vacation. With its beautiful beaches, wildlife, and outdoor activities, there is something for everyone to enjoy.