Finding the best hard money lenders in Horizon West 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 Horizon West 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. Horizon West private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Horizon West 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 Horizon West
What Do Horizon West Hard Money Lenders Charge?
Hard money loan rates in Horizon West range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Horizon West also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Horizon West Require Appraisals?
With most hard money lenders in Horizon West, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Horizon West?
Hard money loans in Horizon West 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 Horizon West Florida
Horizon West is a beautiful community located in the western part of Orange County, Florida. It is a rapidly growing area that offers a wide range of activities and attractions for visitors and residents alike. Here is a detailed review of Horizon West, including the best things to do, places to see, food to eat, and more.
Things to Do:
1. Visit the Magic Kingdom: The Magic Kingdom is one of the most popular attractions in Horizon West. It is a theme park that offers a wide range of rides, shows, and attractions for visitors of all ages.
2. Go to the West Orange Trail: The West Orange Trail is a 22-mile long trail that runs through Horizon West. It is a great place to go for a walk, run, or bike ride.
3. Visit the Orange County National Golf Center: The Orange County National Golf Center is a world-class golf course that offers 36 holes of championship golf. It is a great place to go for a round of golf or to take golf lessons.
4. Go to the Horizon West Sports Complex: The Horizon West Sports Complex is a state-of-the-art sports facility that offers a wide range of sports activities, including baseball, softball, soccer, and more.
5. Visit the Lake Apopka Wildlife Drive: The Lake Apopka Wildlife Drive is a scenic drive that offers visitors the opportunity to see a wide range of wildlife, including alligators, birds, and more.
Places to See:
1. The Horizon West Town Center: The Horizon West Town Center is a new development that offers a wide range of shops, restaurants, and entertainment options.
2. The Winter Garden Village: The Winter Garden Village is a shopping center that offers a wide range of stores, restaurants, and entertainment options.
3. The West Orange Cinema: The West Orange Cinema is a movie theater that offers the latest movies in a comfortable and modern setting.
4. The Orange County National Golf Center: The Orange County National Golf Center is a beautiful golf course that offers stunning views of the surrounding area.
5. The Lake Apopka Wildlife Drive: The Lake Apopka Wildlife Drive is a scenic drive that offers visitors the opportunity to see a wide range of wildlife, including alligators, birds, and more.
Food to Eat:
1. The Crooked Can Brewery: The Crooked Can Brewery is a popular brewery that offers a wide range of craft beers and delicious food.
2. The Winter Garden Pizza Company: The Winter Garden Pizza Company is a pizza restaurant that offers delicious pizza and other Italian dishes.
3. The Chef’s Table at the Edgewater: The Chef’s Table at the Edgewater is a fine dining restaurant that offers a wide range of gourmet dishes.
4. The Plant Street Market: The Plant Street Market is a food hall that offers a wide range of food options, including sushi, tacos, and more.
5. The Yellow Dog Eats: The Yellow Dog Eats is a restaurant that offers delicious sandwiches, salads, and other dishes in a casual and relaxed setting.
Overall, Horizon West is a great place to visit or live. It offers a wide range of activities and attractions for visitors and residents alike, including theme parks, golf courses, shopping centers, and more. The food scene is also excellent, with a wide range of restaurants and food halls offering delicious dishes from around the world. Whether you are looking for a fun day out or a place to call home, Horizon West is definitely worth checking out.