Finding the best hard money lenders in Bradfordville 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 Bradfordville 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. Bradfordville private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Bradfordville 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 Bradfordville
What Do Bradfordville Hard Money Lenders Charge?
Hard money loan rates in Bradfordville range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Bradfordville also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Bradfordville Require Appraisals?
With most hard money lenders in Bradfordville, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Bradfordville?
Hard money loans in Bradfordville 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 Bradfordville Florida
Bradfordville is a small town located in the northern part of Tallahassee, Florida. It is known for its natural beauty, outdoor activities, and historic landmarks. Here are some of the best things to do, places to see, and food to eat in Bradfordville:
1. Alfred B. Maclay Gardens State Park: This park is a must-visit for nature lovers. It features beautiful gardens, hiking trails, and a lake for fishing and boating. The park also hosts various events throughout the year, including concerts and festivals.
2. Tallahassee Antique Car Museum: This museum is a paradise for car enthusiasts. It features a collection of over 140 antique cars, including rare and exotic models from around the world.
3. Bradfordville Blues Club: This club is a popular spot for live music and dancing. It features local and national blues artists and has a cozy, intimate atmosphere.
4. Tallahassee Museum: This museum is a great place to learn about the history and culture of Tallahassee and the surrounding area. It features exhibits on Native American culture, wildlife, and the region’s natural history.
5. Food to eat: Bradfordville has a variety of restaurants and cafes that offer delicious food. Some of the popular places to eat include The Wharf Express, which serves seafood and Southern-style dishes, and The Egg Cafe & Eatery, which offers breakfast and brunch options.
Overall, Bradfordville is a great place to visit for those who love nature, history, and music. With its beautiful parks, museums, and live music venues, there is something for everyone to enjoy.