Hard Money Lenders Florida
A hard money loan is simply a short-term loan, usually provided by private investors, that is asset-based and secured by real property of any kind (single- or multi-family residences, industrial or commercial properties, land, etc.). Due to the short loan term, the interest rate on a hard money loan is typically higher than that of a traditional loan.
Why get a hard money loan?
A common misconception is that asset based loans are solely for those with credit or income issues, but this is not always the case. If you are seeking your loan in order to buy land, purchase property at an auction, or do a fix-and-flip on an older run-down property, your project won’t qualify for a traditional loan in most cases. Therefore, a hard money loan from Capital Funding Financial is a great option — not only can your project be funded much more quickly than a traditional loan. Hard money loans also give you the power to leverage your capital a lot more then you could by going the traditional lending route which are filled with restrictions
Who can i get a hard money loan in Florida from?
For many real estate investors, time is of the essence when it comes to getting the ball rolling on the projects they need funded. For those without the time to wait 30 – 45 days for a traditional bank to come around, we have a solution… Capital Funding Financial! Capital Funding Financial is the top hard money lender in Florida (hard money lenders Florida). Just click on the link and fill out the application to get started. It only takes a couple days to process and will allow you to close fast!