Finding the best hard money lenders in The Acreage 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 The Acreage 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. The Acreage private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in The Acreage 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 The Acreage
What Do The Acreage Hard Money Lenders Charge?
Hard money loan rates in The Acreage range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in The Acreage also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In The Acreage Require Appraisals?
With most hard money lenders in The Acreage, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In The Acreage?
Hard money loans in The Acreage 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 The Acreage Florida
The Acreage is a beautiful and serene community located in Palm Beach County, Florida. It is a perfect place for those who want to escape the hustle and bustle of city life and enjoy the peace and tranquility of nature. The Acreage is a great place to visit for families, couples, and solo travelers alike. Here is a detailed review of The Acreage, including the best things to do, places to see, food to eat, and more.
Things to Do:
1. Hiking and Biking: The Acreage is home to several parks and nature preserves that offer miles of hiking and biking trails. The Apoxee Wilderness Trail is a popular spot for hiking and birdwatching, while the Okeeheelee Park offers a variety of outdoor activities, including biking, fishing, and boating.
2. Horseback Riding: The Acreage is known for its equestrian community, and there are several stables and ranches that offer horseback riding lessons and trail rides. The Jupiter Equestrian Center is a great place to start, with its well-trained horses and experienced instructors.
3. Golfing: The Acreage is home to several golf courses, including the Madison Green Country Club and the Village Golf Club. These courses offer challenging holes and beautiful scenery, making them a great place to spend a day on the links.
4. Fishing: The Acreage is surrounded by waterways, including the Loxahatchee River and the Lake Okeechobee. These waterways offer excellent fishing opportunities for both freshwater and saltwater species.
Places to See:
1. Lion Country Safari: This wildlife park is a must-visit for animal lovers. It is home to over 1,000 animals, including lions, giraffes, zebras, and rhinos. Visitors can drive through the park and see the animals up close, or take a guided tour.
2. Palm Beach Zoo: The Palm Beach Zoo is another great place to see animals. It is home to over 550 animals, including tigers, jaguars, and koalas. The zoo also offers educational programs and events for visitors of all ages.
3. Grassy Waters Preserve: This nature preserve is a great place to see Florida’s natural beauty. It is home to several hiking trails, a boardwalk, and a nature center. Visitors can see a variety of wildlife, including alligators, turtles, and birds.
Food to Eat:
1. The Acreage Burger: This burger is a local favorite, made with a juicy patty, crispy bacon, and melted cheese. It is served on a toasted bun with lettuce, tomato, and onion.
2. Seafood: The Acreage is located near the coast, so there are plenty of seafood restaurants to choose from. Some of the best include Captain Charlie’s Reef Grill and The Crab House.
3. Cuban Food: The Acreage has a large Cuban population, so there are several restaurants that serve authentic Cuban cuisine. Some of the best include Havana Restaurant and Don Ramon’s Cuban Cuisine.
Overall, The Acreage is a great place to visit for those who love the outdoors and want to experience Florida’s natural beauty. With its hiking trails, equestrian community, and wildlife parks, there is something for everyone to enjoy. And with its delicious food and friendly locals, visitors are sure to have a memorable trip.