Finding the best hard money lenders in Bellview 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 Bellview 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. Bellview private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Bellview 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 Bellview
What Do Bellview Hard Money Lenders Charge?
Hard money loan rates in Bellview range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Bellview also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Bellview Require Appraisals?
With most hard money lenders in Bellview, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Bellview?
Hard money loans in Bellview 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 Bellview Florida
Bellview is a small town located in the southern part of the United States, specifically in the state of Florida. It is known for its beautiful beaches, warm weather, and friendly locals. Here are some of the best things to do, places to see, and food to eat in Bellview:
1. Visit the Gulf Islands National Seashore: This is a must-visit attraction in Bellview. The Gulf Islands National Seashore is a protected area that stretches for miles along the Gulf of Mexico. It is home to some of the most beautiful beaches in the world, and visitors can enjoy swimming, sunbathing, and water sports.
2. Explore the Pensacola Lighthouse and Museum: The Pensacola Lighthouse and Museum is a historic landmark that offers stunning views of the Gulf of Mexico. Visitors can climb to the top of the lighthouse and learn about its history and significance.
3. Go fishing: Bellview is a great place for fishing enthusiasts. The area is home to a variety of fish species, including redfish, trout, and flounder. Visitors can hire a charter boat or fish from the shore.
4. Try the local cuisine: Bellview is known for its delicious seafood dishes. Some of the must-try dishes include fried shrimp, oysters, and crab cakes. Visitors can also enjoy other local specialties, such as gumbo and jambalaya.
5. Visit the National Naval Aviation Museum: The National Naval Aviation Museum is located in nearby Pensacola and is a great place to learn about the history of naval aviation. Visitors can see a variety of aircraft, including vintage planes and modern jets.
6. Go shopping: Bellview has a variety of shopping options, including local boutiques and national retailers. Visitors can find everything from souvenirs to high-end fashion.
Overall, Bellview is a great destination for anyone looking for a relaxing beach vacation. With its beautiful beaches, friendly locals, and delicious cuisine, it is sure to be a memorable trip.