Finding the best hard money lenders in Keystone 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 Keystone 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. Keystone private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Keystone 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 Keystone
What Do Keystone Hard Money Lenders Charge?
Hard money loan rates in Keystone range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Keystone also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Keystone Require Appraisals?
With most hard money lenders in Keystone, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Keystone?
Hard money loans in Keystone 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 Keystone Florida
Keystone is a charming mountain town located in Summit County, Colorado. It is a popular destination for outdoor enthusiasts, especially skiers and snowboarders, as it is home to the Keystone Resort, which offers world-class skiing and snowboarding opportunities.
One of the best things to do in Keystone is to hit the slopes at the Keystone Resort. With over 3,000 acres of skiable terrain, Keystone is a paradise for skiers and snowboarders of all levels. The resort also offers other winter activities such as ice skating, snow tubing, and snowshoeing.
During the summer months, Keystone transforms into a playground for outdoor enthusiasts. Visitors can enjoy hiking, mountain biking, fishing, and golfing. The Keystone Bike Park is a popular attraction for mountain bikers, with over 100 miles of trails to explore.
If you’re looking for places to see in Keystone, the Keystone Ranch is a must-visit. This historic ranch offers guided horseback rides through the beautiful Colorado countryside. The Keystone Science School is another interesting attraction, offering educational programs and outdoor activities for children and adults.
When it comes to food, Keystone has a variety of options to choose from. The Ski Tip Lodge is a popular restaurant that offers a unique dining experience in a historic 1800s stagecoach stop. The Keystone Ranch Restaurant is another great option for fine dining, with a menu featuring locally sourced ingredients.
Overall, Keystone is a fantastic destination for outdoor enthusiasts and those looking for a relaxing mountain getaway. With its stunning natural beauty, world-class skiing, and endless outdoor activities, Keystone is a must-visit destination in Colorado.