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Funding Fix & Flip, Ground-Up Construction, and DSCR loans in 35 States. We're the lender for real estate entrepreneurs looking for fast funding, fair pricing, and amazing service.
Delray Beach, FL has 50 fix and flip lenders in the city. The average note amount is $325,000. Interest rates for private loans average around 12.4%. The average loan issued in this city is 24 months in length. The mean origination percentage added to the loans is 3.5%. Lenders offer on average a 72% LTV on deals in Delray Beach.
Keisha finds a townhouse in the Villages of Oriole subdivision of Delray Beach, FL to remodel and resell. Since she doesn't have enough cash to acquire the $170,000 house outright, she decides to take out a fix and flip loan from Blue Door Funding. The lender agrees to write a note with a 60% loan to value (LTV) so they will extend $102,000 on the project. The loan is interest only, with monthly payments, and is for 18 months at 10% interest with 2 origination points paid at closing.
The borrower will need to fund a total of $32,400 up front to cover the $68,000 down payment plus the $2,040 origination fee. she must then pay $850 per month to the lender. If Keisha sells the property for $246,500 after 18 months, she would earn a gross profit of $59,160 after deducting the principle of $102,000, the money paid at the close of $68,000, the origination points of $2,040, and the aggregate interest payments of $15,300. This profit doesn't include rehab costs.
Wesley takes a hard money loan from Advanced Investment Company in order to remodel a property to re-sell in the Villages of Oriole neighborhood of Delray Beach, FL. The loan has the following parameters:
a) A $200,000 sales price, b) a 65% loan to value (LTV), c) a 12 month term, d) a 11% interest rate, and e) a 4% origination fee.
Once the rehab project is completed, if Wesley sells the house for $300,000, the outcome would be the following:
$300,000 sales price
- $130,000 note principle (65% LTV)
- $70,000 down payment (35% on 65% LTV)
- $5,200 origination fee (4% of the $130,000 principle)
- $14,300 interest payments (12 months x 11% interest)
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= $80,500 gross profit (doesn't include taxes or renovation costs)
Funding Fix & Flip, Ground-Up Construction, and DSCR loans in 35 States. We're the lender for real estate entrepreneurs looking for fast funding, fair pricing, and amazing service.
Nation’s fastest and easiest private real estate lender - Funding Fix and Flip, Ground-Up Construction, and DSCR. Closing as fast as 5 business days!
With more than $12.3B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors!
Offering Fix and Flip, Bridge, and DSCR loans. With same day approvals, 3-5 day close time, and lending in 47 states, Park Place Finance will get your next deal funded fast!
Temple View Capital is a private lender headquartered in Bethesda, MD. They provide loans in 46 states throughout the US. They provide short-term and long-term fix and flip loans, loans for rental properties, bridge loans, and ground-up new construction loans ...
Conquest Capital Partners is an asset-based lender providing loans in Boston, Dallas, and Austin. They provide lending solutions for a variety of situations and needs, including ground up construction loans, hard money bridge loans, loans for investments properties, private refinancing, ...
Action Loan is a Louisville, KY based hard money lender who provides funding in Louisville and Fort Lauderdale. They provide loans for many different scenarios, including fix and flip loans, new construction loans, and commercial hard money loans. ...
(212) 634-7899 - Loan Fundr a premier Nationwide asset-based lender using technology to close loans fast. We think creatively, providing fair and transparent loans that get our clients what they need.
Center Street Lending is a private lender headquartered in Irvine, CA offering loans throughout the country. We provide hard money loans for business purpose and non-owner occupied residential properties. Fix and flip, buy and hold, rental property loans, bridge and ...
First Pro Capital Inc is a boutique firm based in Naples, FL providing alternative lending for businesses, commercial real estate, construction build, fix and flip, land and commercial multifamily. We request a minimum credit score of 680. Must have a ...
HG Mortgage is a private money lender headquartered in Weston, FL providing funding in South Florida. Their lending focus is mainly on fix-and-flip loans. Their lending guidelines are versatile, including terms between 6 months and 3 years ...
Headquartered in West Palm Beach, FL, Insource Funding is a private lender offering loans throughout South Florida. They provide lending solutions for many different situations, including private refinancing, commercial hard money loans, fix-and-flip hard money loans, and short ...
Monroe Funding Corp is a private mortgage lender focused on one-stop shopping for all real estate borrowing needs. Proudly serving homeowners and investors in Florida and Virginia providing hard money loans, commercial real estate loans and home loans since 2008. ...
Nationwide Mortgage in located in San Jose, CA provides assistance arranging hard money loans for commercial properties, fix and flip hard money loans, hard money refinancing, loans for rental properties, and short term bridge loans. Loan amounts ranging from $100,000 ...
Stratton Equities is the Leading Nationwide Direct Private Money & NON-QM Mortgage Lender that specializes in fast and flexible lending processes. We have the largest library of private money and NON-QM nationwide loan programs under one roof. Our team is ...
Anchor Loans is a California based Hard Money Lender. They provide loans in 46 states throughout the US. They are the largest Fix-and-Flip lender in the U.S. lending over $7.1 Billion life-to-date in total loan volume to real estate investors. ...
Direct Lending Partners originates short-term real estate loans for the purpose of acquiring and renovating distressed residential real estate in the states of AL, CO, CT, DC, DE, FL, GA, ID, IL, IN, KS, KY, LA, MD, MO, NC, NE, ...
With more than $21B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors (REIs). Kiavi harnesses the power of data & technology to offer REIs a simpler, more reliable, and faster way ...
Next-Financing is based in Scottsdale, Arizona and has a satellite office in Silicon Valley, California. They offer a wide array of financing options for businesses, including fix and flip loans and loans for rental properties. They lend on ...
Jcap is a Newport Beach, CA based direct lender who closes and services investor funded short-term real estate loans. They provide loans in 43 states. They offer private refinancing, fix-and-flip hard money loans, investment property loans and more. Their loan ...
Based in Rockville, MD, ACC Mortgage is a hard money lender offering loans in 16 states across the country. They offer fix and flip loans, commercial loans, private refinancing, and buy and hold loans. Their loan parameters ...
Benworth Capital is a Miami, FL based private lender providing funding in Florida. They offer cash out hard money loans, long term rental property loans, and fix and flip hard money loans. Their lending parameters are flexible, ...
We want to see any commercial transaction that makes sense. The principals at Harbor Private Equity have over 75 years experience in the hard money, bridge loan marketplace. We specialize in raw land, development, construction and bridge loans for non-owner ...
Since its inception in 2011, Lima One Capital has funded over $9 billion in loans for real estate investors who are building, improving, and stabilizing neighborhoods across the nation. Lima One’s core loan products are New Construction loans for ground-up ...
Headquartered in South Windsor, CT, RCN Capital is national, direct, private lender providing funding in 44 states across the country.Established in 2010, we provide short-term and long-term commercial loans ranging from $50k to $2.5M+ for the purchase of non-owner occupied ...
Dominion Financial Services is a private lender serving professional single-family real estate investors. We offer fix & flip loans, 30-yr fixed-rate rental loans, new construction financing, and multifamily bridge loans. We currently lend in all 50 states and Washington D.C ...
Capital Funding Financial is a family operated licensed private lender specializing in asset based investment properties nationwide.We close loans in 3-7 DAYS due to our NO Credit or Income Verification and NO Appraisal Requirement (BPO Instead)!We self fund our loans ...
New Silver is a fintech that provides fast financing to real estate investors who focus on fix and flip residential projects. New Silver’s software accelerates, automates and streamlines loan originations, while using data to reduce default risk. You can get ...
The Associates Home Loan of Florida is a Tampa, FL based private money lender. They offer funding in Florida. They provide lending solutions for a variety of scenarios, including hard money loans for commercial properties, short term fix ...
Global Integrity Finance are commercial hard money lenders based in McKinney, Texas. They specialize in hard money loans for commercial properties, bridge loans, fix and flip loans, and construction loans in some cases. They fund all loans using their own ...
Based in Boca Raton, FL, Lord Mortgage & Loan is a hard money lender providing funding in Florida. Their focus is primarily on fix and flip hard money loans. The focus of their lending ...
Based in Coeur d'Alene, IA, COGO Capital is an asset-based lender providing loans in 45 states throughout the US. They provide private commercial loans, fix-and-flip loans, and loans for investments properties. Their loan guidelines are flexible, including ...
Carbon Capital is private lender based in Jacksonville, FL. They provide funding throughout Florida. They offer lending solutions for a variety of situations and needs, including commercial loans and fix and flip hard money loans. Their ...
Brickell Financial is a private money lender based in Miami, FL offering loans throughout Florida. They offer lending solutions for a variety of situations, including hard money construction loans, private refinancing, short term bridge loans, long term rental property ...
Headquartered in Lakehurst, NJ, Alpha Funding Solutions is a hard money lender providing funding throughout New Jersey, Connecticut, Pennsylvania, New York, Maryland, Delaware, and Florida. They offer hard money bridge loans, long term rental property loans, private commercial ...
Patch Lending (formally Patch of Land) is a national private lender offering real estate investors fast and reliable financing for investment properties. Patch offer short-term single-family and multi-family bridge, fix & flip, ground-up construction, and long-term rental property financing. They ...
Paces Funding is hard money lender based in Atlanta, GA. They offer loans in Nashville and Atlanta. They offer lending solutions for a variety of needs and situations, including hard money construction loans, investment property loans, commercial ...
Asset Based Lending LLC is a Hoboken, NJ based hard money lender who offers funding in 9 states across the US. They offer loans for a variety of scenarios, including new construction loans, hard money refinancing, loans for investments ...
Based in Atlanta, GA, Angel Oak Prime Bridge is an asset-based lender offering loans throughout Georgia. They provide loans for many different scenarios, including fix-and-flip hard money loans, short term bridge loans, construction loans, and investment property loans. ...
Based in Falls Church, VA, Washington Capital Partners is a direct hard money lender providing loans in Washington DC, Maryland, Virginia, Pennsylvania, North Carolina, and beyond. They offer lending solutions for a variety of investing strategies, including fix and flip ...
Straightline Funding is direct hard money lender that provides loans in many larger metro areas throughout the US. We specialize in 1-4 family loans for investors. Our loan menu consists of:R2R (Residential For Rent): 30 Year fixed rate loans for ...
Fairfield Financial Services is private lender headquartered in Portland, OR. They provide funding in 11 states across the United States. They offer private commercial loans, hard money refinancing, fix-and-flip hard money loans, and short term bridge ...
LYNK Capital is a fast-growing private lender offering residential renovation, construction, and rental loans. Our team has decades of construction lending experience and we're here to help you through every stage of your project.We lend in: AL, CT, DC, DE, ...
Secured Investment Lending is private lender headquartered in Lake Mary, FL. They provide funding in 49 states throughout the country. They provide lending solutions for a variety of scenarios, including short term bridge loans, commercial loans, cash ...
Hard Money Company is a Vienna, VA based private money lender. They offer funding in Miami, Fort Lauderdale, and Key West. They offer loans for many different situations, including fix and flip loans and short term bridge ...
Suncoast is a Boca Raton, FL based hard money lender. They provide loans in Boca Raton and Miami. Their focus is mainly on fix-and-flip loans. They primarily make loans on single family and ...
York Funding is hard money lender based in Long Island, NY. They provide funding throughout South Florida. They provide ground-up construction loans, hard money refinancing, hard money loans for commercial properties, and short term fix and ...
Miami Hard Money is a Miami Beach, FL based private lender. They provide loans in Miami-Dade County, Broward County, and Palm Beach County. They offer short term fix and flip loans and commercial loans. Their lending ...
Best Beach Lending is an asset-based lender based in Miami, FL offering loans in Broward County, Miami-Dade County, and Palm Beach County. They offer lending solutions for a variety of needs and situations, including fix and flip loans ...
Hard Money Loan Solutions is a Delray Beach, FL based private money lender who provides funding throughout Broward County, Miami-Dade County, Palm Beach County, Hillsborough County, and Lee County. They provide ground up construction loans, commercial loans, cash ...
CDC Financial Corp is a Davie, FL based hard money lender who offers loans in Broward County, Miami-Dade County, and Palm Beach County. They provide lending solutions for many different situations and needs, including investment property loans, commercial ...
Headquartered in Miami, FL, Diplomat Property Solutions is a hard money lender providing funding throughout Broward County, Miami-Dade County, Palm Beach County, and Monroe County. They provide lending solutions for many different situations and needs, including loans for ...
BGI Financial is a Miami, FL based private money lender who offers funding throughout Broward County, Miami-Dade County, Palm Beach County, and Monroe County. They provide loans for a variety of scenarios, including loans for investments properties, short ...
London Financial is a Key Biscayne, FL based hard money lender. They offer loans in Broward County, Miami-Dade County, Palm Beach County, and Monroe County. They provide loans for a variety of scenarios, including hard money loans ...
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