Finding the best hard money lenders in Golden Glades 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 Golden Glades 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. Golden Glades private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Golden Glades 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 Golden Glades
What Do Golden Glades Hard Money Lenders Charge?
Hard money loan rates in Golden Glades range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Golden Glades also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Golden Glades Require Appraisals?
With most hard money lenders in Golden Glades, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Golden Glades?
Hard money loans in Golden Glades 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 Golden Glades Florida
Golden Glades is a beautiful and serene destination located in the heart of Miami, Florida. This place is a perfect blend of natural beauty and modern amenities, making it an ideal spot for tourists and locals alike. Here is a detailed review of Golden Glades, including the best things to do, places to see, food to eat, and more.
Things to Do:
1. Hiking: Golden Glades is home to several hiking trails that offer breathtaking views of the surrounding landscape. The trails are well-maintained and suitable for hikers of all skill levels.
2. Fishing: The lakes and ponds in Golden Glades are teeming with fish, making it a popular spot for fishing enthusiasts. Visitors can rent fishing gear and enjoy a relaxing day by the water.
3. Picnicking: Golden Glades has several picnic areas that are perfect for a family outing or a romantic picnic. The lush greenery and serene atmosphere make it an ideal spot for a relaxing day out.
4. Bird Watching: Golden Glades is home to a diverse range of bird species, making it a popular spot for bird watchers. Visitors can spot everything from herons and egrets to woodpeckers and owls.
Places to See:
1. Oleta River State Park: This park is located just a short drive from Golden Glades and is a must-visit destination for nature lovers. The park is home to several hiking trails, a beach, and a mangrove forest.
2. Miami Beach: Miami Beach is a popular tourist destination known for its beautiful beaches, vibrant nightlife, and world-class restaurants. Visitors can enjoy a day at the beach, explore the art deco architecture, or indulge in some retail therapy.
3. Vizcaya Museum and Gardens: This historic estate is a popular tourist attraction that offers a glimpse into Miami’s past. Visitors can explore the beautiful gardens, admire the stunning architecture, and learn about the history of the estate.
Food to Eat:
1. Cuban Sandwich: Miami is known for its delicious Cuban sandwiches, and Golden Glades is no exception. Visitors can enjoy a mouth-watering sandwich filled with ham, roasted pork, Swiss cheese, pickles, and mustard.
2. Seafood: Golden Glades is located near the coast, making it a great spot for seafood lovers. Visitors can enjoy fresh seafood dishes like grilled fish, shrimp scampi, and lobster.
3. Latin American Cuisine: Miami is known for its diverse culinary scene, and Golden Glades is no exception. Visitors can enjoy delicious Latin American dishes like empanadas, ceviche, and arroz con pollo.
Overall, Golden Glades is a beautiful and serene destination that offers something for everyone. Whether you’re looking for outdoor activities, cultural attractions, or delicious food, Golden Glades has it all. So, if you’re planning a trip to Miami, be sure to add Golden Glades to your itinerary.