Finding the best hard money lenders in Dunedin 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 Dunedin 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. Dunedin private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Dunedin 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 Dunedin
What Do Dunedin Hard Money Lenders Charge?
Hard money loan rates in Dunedin range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Dunedin also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Dunedin Require Appraisals?
With most hard money lenders in Dunedin, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Dunedin?
Hard money loans in Dunedin 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 Dunedin Florida
Dunedin is a charming city located on the southeastern coast of New Zealand’s South Island. It is known for its rich history, stunning natural beauty, and vibrant cultural scene. Here is a detailed review of Dunedin, including the best things to do, places to see, food to eat, and more.
Things to Do:
1. Visit the Otago Peninsula: The Otago Peninsula is a must-visit destination in Dunedin. It is home to a variety of wildlife, including penguins, seals, and albatrosses. Take a scenic drive along the peninsula and stop at various lookout points to enjoy the stunning views.
2. Explore the Dunedin Botanic Garden: The Dunedin Botanic Garden is a beautiful oasis in the heart of the city. It features a wide variety of plants and flowers, as well as several walking trails and picnic areas.
3. Take a tour of the Speight’s Brewery: Speight’s Brewery is one of Dunedin’s most famous attractions. Take a tour of the brewery to learn about the history of beer-making in New Zealand and sample some of the local brews.
4. Visit the Dunedin Public Art Gallery: The Dunedin Public Art Gallery is a must-visit destination for art lovers. It features a wide variety of contemporary and traditional art, as well as regular exhibitions and events.
5. Go on a wildlife tour: Dunedin is home to a variety of wildlife, including penguins, seals, and albatrosses. Take a wildlife tour to see these animals up close and learn about their habitats and behaviors.
Places to See:
1. The Dunedin Railway Station: The Dunedin Railway Station is one of the city’s most iconic landmarks. It features stunning architecture and is home to several shops and restaurants.
2. Larnach Castle: Larnach Castle is a beautiful historic castle located on the Otago Peninsula. It features stunning gardens and panoramic views of the surrounding area.
3. The Dunedin Chinese Garden: The Dunedin Chinese Garden is a beautiful oasis in the heart of the city. It features traditional Chinese architecture and landscaping, as well as several walking trails and picnic areas.
4. The Dunedin Street Art Trail: The Dunedin Street Art Trail is a must-see destination for art lovers. It features a wide variety of murals and street art, as well as several walking trails and guided tours.
5. The Dunedin Public Library: The Dunedin Public Library is a beautiful historic building located in the heart of the city. It features stunning architecture and is home to a wide variety of books and resources.
Food to Eat:
1. Seafood: Dunedin is known for its fresh seafood, including oysters, mussels, and fish. Be sure to try some of the local seafood at one of the city’s many seafood restaurants.
2. Craft Beer: Dunedin is home to several craft breweries, including Speight’s Brewery and Emerson’s Brewery. Be sure to try some of the local brews at one of the city’s many bars and pubs.
3. Cheese: Dunedin is home to several artisanal cheese makers, including Whitestone Cheese and Evansdale Cheese. Be sure to try some of the local cheeses at one of the city’s many cheese shops and delis.
4. Coffee: Dunedin is known for its excellent coffee, with several local roasters and cafes serving up delicious brews. Be sure to try some of the local coffee at one of the city’s many cafes and coffee shops.
5. Chocolate: Dunedin is home to several artisanal chocolate makers, including Ocho Chocolate and The Remarkable Chocolate Co. Be sure to try some of the local chocolates at one of the city’s many chocolate shops and cafes.
Overall, Dunedin is a beautiful and vibrant city with plenty to see and do. Whether you’re interested in history, nature, art, or food, there is something for everyone in this charming New Zealand city.