Finding the best hard money lenders in Bayshore Gardens 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 Bayshore Gardens 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. Bayshore Gardens private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Bayshore Gardens 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 Bayshore Gardens
What Do Bayshore Gardens Hard Money Lenders Charge?
Hard money loan rates in Bayshore Gardens range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Bayshore Gardens also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Bayshore Gardens Require Appraisals?
With most hard money lenders in Bayshore Gardens, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Bayshore Gardens?
Hard money loans in Bayshore Gardens 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 Bayshore Gardens Florida
Bayshore Gardens is a beautiful and serene community located in Bradenton, Florida. It is a perfect destination for those who are looking for a peaceful and relaxing vacation. The community is surrounded by lush greenery and is situated on the shores of Sarasota Bay. Here is a detailed review of Bayshore Gardens, including the best things to do, places to see, food to eat, and more.
Things to Do:
1. Fishing: Bayshore Gardens is a great place for fishing enthusiasts. The community has a fishing pier that extends into the bay, where you can catch a variety of fish, including snook, redfish, and trout.
2. Boating: Bayshore Gardens is also a great place for boating. You can rent a boat or bring your own and explore the beautiful waters of Sarasota Bay.
3. Kayaking: If you prefer a more peaceful and eco-friendly way to explore the bay, you can rent a kayak and paddle around the mangroves.
4. Beaches: Bayshore Gardens is located near some of the best beaches in Florida, including Siesta Key Beach, Lido Beach, and Longboat Key Beach.
5. Golfing: There are several golf courses located near Bayshore Gardens, including the IMG Academy Golf Club and the Bradenton Country Club.
Places to See:
1. Robinson Preserve: This nature preserve is located just a few miles from Bayshore Gardens and is a great place for hiking, biking, and birdwatching.
2. Ringling Museum of Art: This museum is located in nearby Sarasota and features a collection of art and artifacts from around the world.
3. Mote Marine Laboratory and Aquarium: This aquarium is located in Sarasota and features a variety of marine life, including sharks, sea turtles, and manatees.
4. Marie Selby Botanical Gardens: This botanical garden is located in Sarasota and features a variety of plants and flowers from around the world.
5. St. Armands Circle: This shopping and dining district is located on nearby Lido Key and features a variety of shops, restaurants, and cafes.
Food to Eat:
1. Seafood: Bayshore Gardens is located near some of the best seafood restaurants in Florida, including the Star Fish Company Market and Restaurant and the Anna Maria Oyster Bar.
2. Cuban Food: There are several Cuban restaurants located near Bayshore Gardens, including the Columbia Restaurant in Sarasota and the Havana Cabana in Bradenton.
3. Barbecue: If you’re in the mood for some barbecue, check out the Smokehouse Grill in Sarasota or the Hickory Hollow BBQ in Ellenton.
4. Italian Food: There are several Italian restaurants located near Bayshore Gardens, including the Giuseppe’s Italian Restaurant in Bradenton and the Cafe Baci in Sarasota.
5. Breakfast: If you’re looking for a great breakfast spot, check out the Station 400 in Sarasota or the Peach’s Restaurant in Bradenton.
Overall, Bayshore Gardens is a great destination for those who are looking for a peaceful and relaxing vacation. With its beautiful scenery, great outdoor activities, and delicious food, it’s no wonder why so many people choose to visit this community every year.