Finding the best hard money lenders in Kendall 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 Kendall 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. Kendall West private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Kendall 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 Kendall West
What Do Kendall West Hard Money Lenders Charge?
Hard money loan rates in Kendall West range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Kendall West also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Kendall West Require Appraisals?
With most hard money lenders in Kendall West, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Kendall West?
Hard money loans in Kendall 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 Kendall West Florida
Kendall West is a suburban community located in Miami-Dade County, Florida. It is a relatively small neighborhood, but it offers plenty of things to do and see for visitors and residents alike.
One of the best things to do in Kendall West is to visit the Kendall Indian Hammocks Park. This park is a great place to go for a walk, have a picnic, or play sports. It features a playground, basketball courts, tennis courts, and a fitness trail. The park is also home to a beautiful butterfly garden, which is a must-see for nature lovers.
Another popular attraction in Kendall West is the Miccosukee Golf and Country Club. This 27-hole golf course is known for its challenging layout and beautiful scenery. It is a great place to spend a day on the links, and the club also offers dining and event facilities.
If you’re looking for some delicious food in Kendall West, there are plenty of options to choose from. One of the most popular restaurants in the area is El Rinconcito Latino. This Cuban restaurant serves up traditional dishes like ropa vieja, lechon asado, and arroz con pollo. Another great option is the Thai House Restaurant, which offers a wide variety of authentic Thai dishes.
Overall, Kendall West is a great place to visit or live. It offers plenty of outdoor activities, delicious food, and a welcoming community. Whether you’re looking for a relaxing day in the park or a challenging round of golf, Kendall West has something for everyone.