Finding the best hard money lenders in Hialeah Gardens 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 Hialeah Gardens 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. Hialeah Gardens private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Hialeah Gardens 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 Hialeah Gardens
What Do Hialeah Gardens Hard Money Lenders Charge?
Hard money loan rates in Hialeah Gardens range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Hialeah Gardens also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Hialeah Gardens Require Appraisals?
With most hard money lenders in Hialeah Gardens, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Hialeah Gardens?
Hard money loans in Hialeah Gardens 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 Hialeah Gardens Florida
Hialeah Gardens is a small city located in Miami-Dade County, Florida. Despite its size, it offers a variety of activities and attractions for visitors to enjoy. Here is a detailed review of Hialeah Gardens, including the best things to do, places to see, food to eat, and more.
Things to Do:
1. Amelia Earhart Park: This 515-acre park is a great place to spend a day with family and friends. It features a lake for fishing, bike trails, a petting zoo, and picnic areas.
2. Westland Mall: This shopping mall has over 100 stores, including popular brands like Macy’s, JCPenney, and H&M. It also has a food court and a movie theater.
3. Hialeah Racetrack: This historic racetrack has been around since 1925 and is known for its quarter horse racing. Visitors can watch the races and place bets.
4. Miami Watersports Complex: This complex offers wakeboarding, wakeskating, and waterskiing lessons for all skill levels. It also has a cable park and a pro shop.
5. Hialeah Park: This park is home to a casino, horse racing track, and a beautiful garden. Visitors can watch the races, play casino games, or take a stroll through the garden.
Places to See:
1. Hialeah City Hall: This historic building was built in 1924 and is a great example of Mediterranean Revival architecture. It is listed on the National Register of Historic Places.
2. Hialeah Park and Race Track: This historic racetrack has been around since 1925 and is known for its Art Deco architecture. It is also listed on the National Register of Historic Places.
3. Hialeah-Miami Lakes High School: This high school is known for its unique architecture, which features a circular design and a large dome.
4. Hialeah Hospital: This hospital was built in 1951 and is known for its Art Deco architecture. It is also listed on the National Register of Historic Places.
5. Hialeah Fire Station: This fire station was built in 1927 and is a great example of Mediterranean Revival architecture. It is also listed on the National Register of Historic Places.
Food to Eat:
1. La Fresa Francesa: This French cafe serves delicious pastries, sandwiches, and coffee. It is a great place to grab breakfast or lunch.
2. El Rinconcito Latino: This Cuban restaurant serves traditional dishes like ropa vieja, lechon asado, and arroz con pollo. It is a great place to try authentic Cuban cuisine.
3. El Palacio de los Jugos: This outdoor market serves fresh juices, fruits, and vegetables. It is a great place to grab a healthy snack.
4. La Carreta: This Cuban restaurant serves traditional dishes like vaca frita, picadillo, and churrasco. It is a great place to try Cuban comfort food.
5. El Mago de las Fritas: This restaurant serves fritas, which are Cuban-style hamburgers topped with shoestring potatoes. It is a unique and delicious dish that is worth trying.
Overall, Hialeah Gardens is a great place to visit for its variety of activities, attractions, and food. Whether you are interested in history, sports, or cuisine, there is something for everyone to enjoy in this small city.