Finding the best hard money lenders in Palm Valley 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 Palm Valley 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. Palm Valley private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Palm Valley 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 Palm Valley
What Do Palm Valley Hard Money Lenders Charge?
Hard money loan rates in Palm Valley range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Palm Valley also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Palm Valley Require Appraisals?
With most hard money lenders in Palm Valley, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Palm Valley?
Hard money loans in Palm Valley 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 Palm Valley Florida
Palm Valley is a beautiful oasis located in the heart of the Australian Outback. It is situated in the Finke Gorge National Park, which is about 130 km southwest of Alice Springs. The valley is known for its stunning red rock formations, ancient palm trees, and crystal-clear waterholes.
One of the best things to do in Palm Valley is to take a guided walk through the valley. The walk takes you through the ancient palm groves, past towering red cliffs, and to the serene waterholes. The guides are knowledgeable and provide interesting insights into the history and culture of the area.
Another popular activity in Palm Valley is camping. There are several campsites in the area, and they offer a unique opportunity to experience the beauty of the Outback at night. The campsites are equipped with basic facilities, and visitors are advised to bring their own food and water.
If you’re interested in history, you can visit the nearby Hermannsburg Historic Precinct. The precinct is home to several historic buildings, including the Hermannsburg Mission, which was established in 1877. The mission played an important role in the development of the area, and visitors can learn about its history through guided tours.
When it comes to food, there are several options in the area. The Hermannsburg Historic Precinct has a cafe that serves delicious homemade cakes and coffee. There are also several picnic areas in Palm Valley where visitors can enjoy a packed lunch while taking in the stunning scenery.
Overall, Palm Valley is a must-visit destination for anyone traveling to the Australian Outback. The valley’s unique landscape, rich history, and peaceful atmosphere make it a truly unforgettable experience.