Finding the best hard money lenders in Jacksonville Beach 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 Jacksonville Beach 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. Jacksonville Beach private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Jacksonville Beach 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 Jacksonville Beach
What Do Jacksonville Beach Hard Money Lenders Charge?
Hard money loan rates in Jacksonville Beach range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Jacksonville Beach also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Jacksonville Beach Require Appraisals?
With most hard money lenders in Jacksonville Beach, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Jacksonville Beach?
Hard money loans in Jacksonville Beach 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 Jacksonville Beach Florida
Jacksonville Beach is a beautiful coastal city located in Duval County, Florida. It is a popular tourist destination known for its pristine beaches, vibrant nightlife, and a wide range of outdoor activities. Here are some of the best things to do, places to see, and food to eat in Jacksonville Beach.
Things to Do:
1. Hit the Beach: Jacksonville Beach is known for its beautiful white sand beaches. Visitors can enjoy swimming, sunbathing, surfing, and fishing.
2. Visit Adventure Landing: Adventure Landing is a family-friendly amusement park that offers a variety of attractions, including go-karts, mini-golf, laser tag, and an arcade.
3. Explore the Jacksonville Beach Fishing Pier: The Jacksonville Beach Fishing Pier is a popular spot for fishing and sightseeing. Visitors can enjoy stunning views of the ocean and watch the sunset.
4. Take a Surfing Lesson: Jacksonville Beach is a great place to learn how to surf. Visitors can take a surfing lesson from one of the many surf schools in the area.
5. Visit the Beaches Museum and History Park: The Beaches Museum and History Park is a great place to learn about the history of Jacksonville Beach. The museum features exhibits on the area’s Native American history, early settlers, and beach culture.
Places to See:
1. Jacksonville Beach Pier: The Jacksonville Beach Pier is a popular spot for fishing and sightseeing. Visitors can enjoy stunning views of the ocean and watch the sunset.
2. Kathryn Abbey Hanna Park: Kathryn Abbey Hanna Park is a beautiful park that offers hiking trails, a freshwater lake, and a beach.
3. Jacksonville Beach Art Walk: The Jacksonville Beach Art Walk is a monthly event that features local artists, live music, and food vendors.
4. Atlantic Beach: Atlantic Beach is a neighboring city that offers beautiful beaches, restaurants, and shops.
5. Jacksonville Zoo and Gardens: The Jacksonville Zoo and Gardens is a great place to see a variety of animals and plants from around the world.
Food to Eat:
1. Safe Harbor Seafood Market and Restaurant: Safe Harbor Seafood Market and Restaurant is a popular spot for fresh seafood. Visitors can enjoy a variety of dishes, including shrimp, oysters, and crab legs.
2. TacoLu: TacoLu is a popular Mexican restaurant that offers a variety of tacos, burritos, and margaritas.
3. Maple Street Biscuit Company: Maple Street Biscuit Company is a great place to grab breakfast or brunch. Visitors can enjoy a variety of biscuits, sandwiches, and coffee.
4. The Fish Company: The Fish Company is a seafood restaurant that offers a variety of dishes, including lobster, shrimp, and scallops.
5. M Shack: M Shack is a burger restaurant that offers a variety of burgers, fries, and milkshakes.
Overall, Jacksonville Beach is a great place to visit for those looking for a beach vacation with plenty of outdoor activities, great food, and a vibrant nightlife.