Finding the best hard money lenders in Plant City 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 Plant City 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. Plant City private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Plant City 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 Plant City
What Do Plant City Hard Money Lenders Charge?
Hard money loan rates in Plant City range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Plant City also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Plant City Require Appraisals?
With most hard money lenders in Plant City, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Plant City?
Hard money loans in Plant City 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 Plant City Florida
Plant City is a charming city located in Hillsborough County, Florida. It is known for its rich agricultural history, delicious strawberries, and vibrant community. Whether you are a local or a tourist, there are plenty of things to do and see in Plant City.
One of the best things to do in Plant City is to visit the Florida Strawberry Festival. This annual event takes place in late February or early March and celebrates the city’s strawberry harvest. The festival features live music, carnival rides, and plenty of delicious strawberry treats. It is a great way to experience the local culture and have fun with family and friends.
Another must-see attraction in Plant City is the Keel & Curley Winery. This winery produces a variety of fruit wines, including blueberry, strawberry, and peach. Visitors can take a tour of the winery, sample the wines, and enjoy a meal at the on-site restaurant. The winery also hosts events throughout the year, such as live music and food festivals.
For those who love the outdoors, Plant City has several parks and nature preserves to explore. The Edward Medard Park and Reservoir is a popular spot for fishing, hiking, and camping. The park features a 700-acre reservoir, picnic areas, and a playground. The Alafia River State Park is another great option for outdoor enthusiasts. It offers hiking and biking trails, canoeing, and camping.
When it comes to food, Plant City has plenty of options to satisfy any craving. For breakfast, the Strawberry Hut is a local favorite. They serve up delicious breakfast sandwiches, pancakes, and, of course, fresh strawberries. For lunch or dinner, check out Fred’s Market Restaurant. They offer a variety of Southern-style dishes, including fried chicken, collard greens, and mac and cheese. For a sweet treat, head to Parkesdale Farm Market. They have a wide selection of strawberry desserts, including strawberry shortcake and strawberry milkshakes.
Overall, Plant City is a great destination for anyone looking for a fun and unique experience. From the Florida Strawberry Festival to the Keel & Curley Winery, there is something for everyone to enjoy. The city’s natural beauty and delicious food make it a must-visit destination in Florida.