Finding the best hard money lenders in Meadow Woods 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 Meadow Woods 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. Meadow Woods private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Meadow Woods 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 Meadow Woods
What Do Meadow Woods Hard Money Lenders Charge?
Hard money loan rates in Meadow Woods range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Meadow Woods also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Meadow Woods Require Appraisals?
With most hard money lenders in Meadow Woods, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Meadow Woods?
Hard money loans in Meadow Woods 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 Meadow Woods Florida
Meadow Woods is a beautiful and serene neighborhood located in Orange County, Florida. It is a perfect place for families, couples, and individuals who are looking for a peaceful and relaxing environment. The neighborhood is surrounded by lush greenery, parks, and lakes, making it an ideal place for outdoor activities.
One of the best things to do in Meadow Woods is to visit the Meadow Woods Recreation Center. The center offers a variety of activities for people of all ages, including basketball, volleyball, tennis, and soccer. There is also a playground for children, a fitness center, and a swimming pool. The center is well-maintained and has friendly staff who are always ready to assist visitors.
Another great place to visit in Meadow Woods is the Meadow Woods Park. The park is a perfect place for a picnic, a walk, or a bike ride. It has a beautiful lake, a playground, and plenty of open space for outdoor activities. The park is also pet-friendly, so visitors can bring their furry friends along.
For those who love shopping, the Meadow Woods Plaza is a must-visit. The plaza has a variety of stores, including a grocery store, a pharmacy, and a few restaurants. It is a convenient place to shop for everyday essentials.
When it comes to food, Meadow Woods has a variety of options to choose from. One of the best places to eat is the Taqueria Ameca Mexican Restaurant. The restaurant serves authentic Mexican food, including tacos, burritos, and enchiladas. The food is delicious, and the prices are reasonable.
Another great place to eat is the China Wok restaurant. The restaurant serves Chinese food, including fried rice, lo mein, and dumplings. The food is fresh and tasty, and the portions are generous.
Overall, Meadow Woods is a great place to visit. It has plenty of outdoor activities, beautiful parks, and a variety of restaurants to choose from. The neighborhood is safe, clean, and well-maintained, making it an ideal place to live or visit.