Finding the best hard money lenders in Sun City Center 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 Sun City Center 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. Sun City Center private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Sun City Center 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 Sun City Center
What Do Sun City Center Hard Money Lenders Charge?
Hard money loan rates in Sun City Center range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Sun City Center also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Sun City Center Require Appraisals?
With most hard money lenders in Sun City Center, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Sun City Center?
Hard money loans in Sun City Center 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 Sun City Center Florida
Sun City Center is a beautiful retirement community located in Hillsborough County, Florida. It is a perfect place for seniors who want to enjoy their golden years in a peaceful and serene environment. The community is well-planned and offers a wide range of activities and amenities that cater to the needs of its residents. Here is a detailed review of Sun City Center.
Things to Do:
Sun City Center offers a plethora of activities for its residents. The community has several golf courses, tennis courts, and swimming pools. The fitness center is well-equipped and offers a variety of exercise classes. The community also has a library, a woodworking shop, and a pottery studio. The residents can participate in various clubs and organizations, such as the Garden Club, the Computer Club, and the Photography Club. The community also hosts several events throughout the year, such as the Fall Festival, the Christmas Parade, and the Spring Fling.
Places to See:
Sun City Center is located in a beautiful area of Florida, and there are several places to see nearby. The community is just a short drive away from Tampa, which offers several attractions, such as the Florida Aquarium, the Tampa Bay History Center, and the Tampa Museum of Art. The community is also close to several beaches, such as St. Pete Beach, Clearwater Beach, and Siesta Key Beach. The community is also close to several state parks, such as Hillsborough River State Park and Alafia River State Park.
Food to Eat:
Sun City Center has several restaurants that offer a variety of cuisines. The community has several chain restaurants, such as Applebee’s, Chili’s, and Outback Steakhouse. The community also has several local restaurants, such as the Sandpiper Grille, which offers seafood and steak, and the Sun City Cafe, which offers breakfast and lunch. The community also has several grocery stores, such as Publix and Walmart, where residents can buy groceries and cook their meals at home.
Housing:
Sun City Center offers a variety of housing options for its residents. The community has several single-family homes, townhouses, and condominiums. The homes are well-maintained and offer a variety of floor plans. The community also has several assisted living facilities and nursing homes for seniors who need extra care.
Overall, Sun City Center is a wonderful retirement community that offers a wide range of activities and amenities for its residents. The community is well-planned and offers a peaceful and serene environment for seniors to enjoy their golden years. The community is close to several attractions and offers a variety of housing options. If you are looking for a retirement community in Florida, Sun City Center is definitely worth considering.