Finding the best hard money lenders in Oakleaf Plantation 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 Oakleaf Plantation 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. Oakleaf Plantation private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Oakleaf Plantation 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 Oakleaf Plantation
What Do Oakleaf Plantation Hard Money Lenders Charge?
Hard money loan rates in Oakleaf Plantation range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Oakleaf Plantation also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Oakleaf Plantation Require Appraisals?
With most hard money lenders in Oakleaf Plantation, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Oakleaf Plantation?
Hard money loans in Oakleaf Plantation 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 Oakleaf Plantation Florida
Oakleaf Plantation is a beautiful community located in Clay County, Florida. It is a great place to live, work, and play. The community is well-maintained and has a lot to offer its residents and visitors. Here is a detailed review of Oakleaf Plantation.
Things to Do:
There are plenty of things to do in Oakleaf Plantation. The community has several parks, including the Oakleaf Athletic Park, which has baseball and soccer fields, a playground, and a walking trail. There is also the Oakleaf Village Athletic Center, which has a gym, basketball courts, and a pool. The community also has a golf course, the Eagle Landing Golf Club, which is open to the public.
Places to See:
Oakleaf Plantation is located near several attractions. The community is just a short drive from Jacksonville, which has many attractions, including the Jacksonville Zoo and Gardens, the Cummer Museum of Art and Gardens, and the Jacksonville Landing. The community is also close to St. Augustine, which is the oldest city in the United States. St. Augustine has many historic sites, including the Castillo de San Marcos National Monument and the St. Augustine Lighthouse and Museum.
Food to Eat:
Oakleaf Plantation has many great restaurants. Some of the best restaurants in the community include the Blackstone Grille, which serves American cuisine, and the Sushiya Japanese Restaurant, which serves sushi and other Japanese dishes. There is also the Metro Diner, which serves breakfast, lunch, and dinner, and the Tijuana Flats, which serves Tex-Mex cuisine.
Real Estate:
Oakleaf Plantation has a variety of real estate options. The community has single-family homes, townhomes, and apartments. The homes in the community range in price from around $200,000 to over $500,000. The community is a great place to live for families, retirees, and young professionals.
Overall, Oakleaf Plantation is a great community to live in or visit. The community has plenty of things to do, places to see, and great restaurants to eat at. The real estate options in the community are also diverse, making it a great place to live for people of all ages and lifestyles.