Finding the best hard money lenders in Cooper City 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 Cooper City 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. Cooper City private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Cooper City 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 Cooper City
What Do Cooper City Hard Money Lenders Charge?
Hard money loan rates in Cooper City range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Cooper City also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Cooper City Require Appraisals?
With most hard money lenders in Cooper City, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Cooper City?
Hard money loans in Cooper City 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 Cooper City Florida
Cooper City is a charming city located in Broward County, Florida. It is a family-friendly community that offers a wide range of activities and attractions for visitors of all ages. Here is a detailed review of Cooper City, including the best things to do, places to see, food to eat, and more.
Things to Do:
1. Visit the Cooper City Sports Complex: The Cooper City Sports Complex is a great place to spend a day with family and friends. It features a variety of sports fields, including baseball, softball, soccer, and football. There are also picnic areas, playgrounds, and walking trails.
2. Explore the Cooper City Antique Mall: The Cooper City Antique Mall is a treasure trove of vintage and antique items. It features over 10,000 square feet of space filled with unique and interesting items from different eras.
3. Go Shopping at the Cooper City Commons: The Cooper City Commons is a shopping center that features a variety of stores, including Target, Ross, and HomeGoods. It is a great place to shop for clothes, home decor, and other essentials.
4. Visit the Cooper City Library: The Cooper City Library is a great place to relax and read a book. It features a wide selection of books, magazines, and other reading materials. There are also computers available for public use.
5. Play Golf at the Cooper Colony Golf Club: The Cooper Colony Golf Club is a beautiful 18-hole golf course that is open to the public. It features lush greens, challenging holes, and stunning views of the surrounding area.
Places to See:
1. Flamingo Gardens: Flamingo Gardens is a botanical garden and wildlife sanctuary that features over 3,000 species of plants and animals. It is a great place to learn about the local flora and fauna.
2. Everglades Holiday Park: Everglades Holiday Park is a popular tourist attraction that offers airboat tours of the Everglades. Visitors can see alligators, birds, and other wildlife up close.
3. Young at Art Museum: The Young at Art Museum is a children’s museum that features interactive exhibits and hands-on activities. It is a great place to take kids for a fun and educational experience.
4. Sawgrass Mills Mall: Sawgrass Mills Mall is one of the largest shopping malls in the United States. It features over 350 stores, including high-end designer brands and popular retailers.
5. Hollywood Beach: Hollywood Beach is a beautiful beach that is located just a short drive from Cooper City. It features white sand, clear water, and a variety of restaurants and shops.
Food to Eat:
1. The Original Pancake House: The Original Pancake House is a popular breakfast spot that serves delicious pancakes, waffles, and other breakfast items.
2. Cooper’s Hawk Winery & Restaurant: Cooper’s Hawk Winery & Restaurant is a great place to enjoy a glass of wine and a delicious meal. It features a wide selection of wines and a menu that includes steak, seafood, and pasta dishes.
3. Anthony’s Coal Fired Pizza: Anthony’s Coal Fired Pizza is a popular pizza chain that serves delicious coal-fired pizzas and other Italian dishes.
4. The Cheesecake Factory: The Cheesecake Factory is a popular chain restaurant that serves a wide variety of dishes, including burgers, salads, and of course, cheesecake.
5. J28 Sandwich Bar: J28 Sandwich Bar is a great place to grab a quick and delicious sandwich. They offer a variety of options, including vegetarian and gluten-free options.
Overall, Cooper City is a great place to visit for anyone looking for a fun and relaxing vacation. With its wide range of activities, attractions, and delicious food options, there is something for everyone to enjoy.