Harbor Private Equity
1075 Peachtree Street NE, Suite 3650
Atlanta, GA 30309
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About Harbor Private Equity
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 occupied commercial properties. We have participated nationwide in funding opportunities ranging from raw land loans to working gold mines in Utah.Do you want a funding source with integrity, dedication and speed? That is exactly what you get when you choose Harbor Private Equity. We can evaluate your transaction in 24 hours or less and, once we receive your relevant information, we can close within days and not weeks.
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Loan Types Offered: Hard Money Loans, Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans, New Construction Loans, Refinance / Cash Out Loans, Bridge Loans
Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Hotel, Storage, Assisted Living, Mixed Use, Warehouse, Industrial, Medical, Land
Areas Served: FL, NC, SC, AK, AL, AZ, AR, CO, CT, CA, DC, DE, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SD, TN, TX, UT, VA, VT, WA, WI, WV
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Lending Guidelines for Harbor Private Equity
Below are the general loan guidelines published on the Harbor Private Equity website. Please confirm all terms and rates directly with the lender.
Hard Money Loans
Loan Amounts: $500,000 - $100,000,000
Available Rates: 9.9% - 12.9%
Typical Terms: 6 months - 36 months
Points Charged: 2% - 6%
Max Loan-to-Value (LTV): 50%
Max Loan-to-Cost (LTC): 50%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: YES
Minimum FICO Score: N/A
Time to Close: 1 MonthInvestment Property Loans
Loan Amounts: $500,000 - $100,000,000
Available Rates: 9.9% - 12.9%
Typical Terms: 6 months - 36 months
Points Charged: 2% - 6%
Max Loan-to-Value (LTV): 50%
Max Loan-to-Cost (LTC): 50%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: YES
Minimum FICO Score: N/A
Time to Close: 1 MonthFix and Flip Loans
Loan Amounts: N/A
Available Rates: N/A
Typical Terms: N/A
Points Charged: N/A
Max Loan-to-Value (LTV): N/A
Max Loan-to-Cost (LTC): N/A
Owner Occupied Allowed: NO
Interest Only Loans: NO
Prepayment Penalties: NO
Minimum FICO Score: N/A
Time to Close: N/ACommercial Hard Money Loans
Loan Amounts: $500,000 - $100,000,000
Available Rates: 9.9% - 12.9%
Typical Terms: 6 months - 36 months
Points Charged: 2% - 6%
Max Loan-to-Value (LTV): 50%
Max Loan-to-Cost (LTC): 50%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: YES
Minimum FICO Score: N/A
Time to Close: 1 MonthNew Construction Loans
Loan Amounts: $500,000 - $100,000,000
Available Rates: 9.9% - 12.9%
Typical Terms: 36 months
Points Charged: 2% - 6%
Max Loan-to-Value (LTV): 50%
Max Loan-to-Cost (LTC): 50%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: YES
Minimum FICO Score: N/A
Time to Close: 2 WeeksRefinance / Cash Out Loans
Loan Amounts: $500,000 - $100,000,000
Available Rates: 9.9% - 12.9%
Typical Terms: 6 months - 36 months
Points Charged: 2% - 6%
Max Loan-to-Value (LTV): 50%
Max Loan-to-Cost (LTC): 50%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: YES
Minimum FICO Score: N/A
Time to Close: 2 WeeksBridge Loans
Loan Amounts: $500,000 - $100,000,000
Available Rates: 9.9% - 12.9%
Typical Terms: 6 months - 36 months
Points Charged: 2% - 6%
Max Loan-to-Value (LTV): 50%
Max Loan-to-Cost (LTC): 50%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: YES
Minimum FICO Score: N/A
Time to Close: 2 Weeks -
Loan Examples
The following loans are for education purposes only. They do not represent actual loans executed by Harbor Private Equity.
Loan Example 1
Pedro takes a loan from Harbor Private Equity in order to renovate a duplex to resale in Miami, FL. The sales price of the house is $220,000. The lender agrees to make a loan with a 85% loan-to-value (LTV) so they will extend $187,000 on the house. The parameters of the deal dictate a 14% note for 12 months. They also require a 5 point origination fee, which will also have to be paid at closing.
Pedro will need to fund a total of $32,400 up front to pay the $33,000 down payment plus the $9,350 origination fee. Once the loan closes, he will pay Harbor Private Equity $2,182 in monthly interest fees, or 14% times $187,000 divided by 12 months in a year. If Pedro sells the property for $264,000 after 12 months, he would realize a total profit of $8,470 after deducting the original principle of $187,000, the funds paid at closing of $33,000, the origination points of $9,350, and the aggregate interest payments of $26,180. This amount doesn't include renovation costs.
Loan Example 2
Opal locates a duplex in Miami, FL to rehab and re-sell. Since she does not have enough cash to buy the property outright, she takes a hard money loan from Harbor Private Equity with the following parameters:
a) A $190,000 purchase price, b) a 60% loan to value (LTV), c) a 18 month term, d) a 10% interest rate, and e) a 5% origination fee.
Assuming a $285,000 sales price after the 18 month term, the final numbers for the deal would look like this:
$285,000 sales price
- $114,000 note principle (60% LTV)
- $76,000 down payment (40% on 60% LTV)
- $5,700 origination fee (5% of the $114,000 principle amount)
- $17,100 interest payments (18 months x 10% interest)
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= $72,200 total profit (doesn't include taxes or rehab costs) -
by HEisaFraud 03/24/2024
Do not send them any money
Do not send them any moneyby https://mdoscapital.com.mx/ 02/15/2023
Buen día.Nos estamos poniendo en contacto, desde la ciudad de León, Guanajuato, México.Nuestra empresa se denomina M2CAPITAL.Somos una comunidad (empresa) mexicana, comprometida en cuidar y multiplicar las finanzas de cada uno de nuestros inversionistas, en el sector inmobiliario.Nuestra experiencia, de más de 10 años, nos lleva a emprender nuevos proyectos.Tenemos como objetivo principal crear y analizar proyectos, que nos generen la mayor rentabilidad, dando seguimiento a todos nuestros procesos meticulosamente.Desde las siguientes perspectivas:Legal: Contamos con un grupo de expertos que nos asesoran para minimizar los riesgos.Fiscal: Contamos con estrategias personalizadas para cada uno de nuestros inversionistas.Mercado: Nos enfocamos a las zonas turísticas y de mayor plusvalía en México para que se obtengan los mejores rendimientos. Estamos trabajando en nuevos proyectos (bienes inmuebles), ahora en los Estados Unidos de Norteamérica y necesitamos financiamiento. Pudiera, por favor, informarnos los requerimientos y condiciones estipuladas por Ustedes para acceder a un crédito? Quedamos atentos a su información. Saludos. C.P. Julio Rocha López. Celular: (477) 1640780.
Buen día.Nos estamos poniendo en contacto, desde la ciudad de León, Guanajuato, México.Nuestra empresa se denomina M2CAPITAL.Somos una comunidad (empresa) mexicana, comprometida en cuidar y multiplicar las finanzas de cada uno de nuestros inversionistas, en el sector inmobiliario.Nuestra experiencia, de más de 10 años, nos lleva a emprender nuevos proyectos.Tenemos como objetivo principal crear y analizar proyectos, que nos generen la mayor rentabilidad, dando seguimiento a todos nuestros procesos meticulosamente.Desde las siguientes perspectivas:Legal: Contamos con un grupo de expertos que nos asesoran para minimizar los riesgos.Fiscal: Contamos con estrategias personalizadas para cada uno de nuestros inversionistas.Mercado: Nos enfocamos a las zonas turísticas y de mayor plusvalía en México para que se obtengan los mejores rendimientos. Estamos trabajando en nuevos proyectos (bienes inmuebles), ahora en los Estados Unidos de Norteamérica y necesitamos financiamiento. Pudiera, por favor, informarnos los requerimientos y condiciones estipuladas por Ustedes para acceder a un crédito? Quedamos atentos a su información. Saludos. C.P. Julio Rocha López. Celular: (477) 1640780.by LindaAsh 04/15/2022
This company is a complete scam. On this loan in question, there were 13 buildings on the property. Each one of those building were less than 1000 square feet and would be demolished. The main building, which was 15,000 square feet was to remain. Therefore, the value would have hold based upon a previous appraisals for 3.6million in October. Harbor stated that they would not give value to the 15,000 square foot office that at all. They told us that the appraisal came in at 700,000. The appraisal this company "supposedly" completed has never been presented to us after 4 requests for a copy. In addition, the owner of this company formed a new one right after taking our money, called "Commercial Private Equity." The borrower was originally told that the appraisal would cost 6500 and then after paying the 6500, the borrower was told that they were wrong about the cost of the appraisal and it was an additional 6500. Chris Polk also stated that they cannot lend on property with a 25 year lease, because if they have to foreclose, then they have to abide by the terms of the lease. This statement does not hold any type of truth, as the "commitment letter" was for a 12 month bridge loan. Why would the lender even care if they are getting their monthly payment for the duration of the loan off of a lease. This makes absolutely no sense at all and is just more tactics and excuses as to why they took the customers money and didn't perform.
This company is a complete scam. On this loan in question, there were 13 buildings on the property. Each one of those building were less than 1000 square feet and would be demolished. The main building, which was 15,000 square feet was to remain. Therefore, the value would have hold based upon a previous appraisals for 3.6million in October. Harbor stated that they would not give value to the 15,000 square foot office that at all. They told us that the appraisal came in at 700,000. The appraisal this company "supposedly" completed has never been presented to us after 4 requests for a copy. In addition, the owner of this company formed a new one right after taking our money, called "Commercial Private Equity." The borrower was originally told that the appraisal would cost 6500 and then after paying the 6500, the borrower was told that they were wrong about the cost of the appraisal and it was an additional 6500. Chris Polk also stated that they cannot lend on property with a 25 year lease, because if they have to foreclose, then they have to abide by the terms of the lease. This statement does not hold any type of truth, as the "commitment letter" was for a 12 month bridge loan. Why would the lender even care if they are getting their monthly payment for the duration of the loan off of a lease. This makes absolutely no sense at all and is just more tactics and excuses as to why they took the customers money and didn't perform.by I hate scum 12/01/2021
Never do business with Chris Cox if that is even his real name. Real scum, they take your fees and run
Never do business with Chris Cox if that is even his real name. Real scum, they take your fees and runby Heather Grace 03/29/2021
Approaching a hard money lender wasn’t something I was very keen on doing, but I had no other option. So I started off by making contact with them, reaching out to the minds at Harbor, getting their advice, vetting them. They were always ready to answer my emails, calls, give me sound advice—I knew, within one week, I had found the right place.
Approaching a hard money lender wasn’t something I was very keen on doing, but I had no other option. So I started off by making contact with them, reaching out to the minds at Harbor, getting their advice, vetting them. They were always ready to answer my emails, calls, give me sound advice—I knew, within one week, I had found the right place.by Brandon Collin 03/24/2021
Thanks to the pandemic, we found ourselves in a unique fix. We had little in the way of funds and savings, and the banks were a hard nut to crack. Not Harbor Equity, though. They listened to our ideas, they went through our numbers, and they gave us the loan we wanted to kick-start our project!
Thanks to the pandemic, we found ourselves in a unique fix. We had little in the way of funds and savings, and the banks were a hard nut to crack. Not Harbor Equity, though. They listened to our ideas, they went through our numbers, and they gave us the loan we wanted to kick-start our project!by Brandon Collin 03/24/2021
Thanks to the pandemic, we found ourselves in a unique fix. We had little in the way of funds and savings, and the banks were a hard nut to crack. Not Harbor Equity, though. They listened to our ideas, they went through our numbers, and they gave us the loan we wanted to kick-start our project!
Thanks to the pandemic, we found ourselves in a unique fix. We had little in the way of funds and savings, and the banks were a hard nut to crack. Not Harbor Equity, though. They listened to our ideas, they went through our numbers, and they gave us the loan we wanted to kick-start our project!by Emily Scott 03/22/2021
We, at our construction firm, are traditionalists. That means we do everything by the book—or did, I should say. When it came to funds, we either waited or approached banks. Harbor Equity taught us that private lending works just as well, and is often a better alternative to banks.
We, at our construction firm, are traditionalists. That means we do everything by the book—or did, I should say. When it came to funds, we either waited or approached banks. Harbor Equity taught us that private lending works just as well, and is often a better alternative to banks.by Nataliya Ramsay 03/18/2021
Harbor Equity should rename their firm and start calling themselves Hassle-Free Funding—because they’re that easy! I couldn’t even believe I didn’t have to go through long-winded processes of getting things approved, providing documents upon documents, things like that. It’s easy, simple, quick, and I could start working on my project as soon as I wanted—everything clicked!
Harbor Equity should rename their firm and start calling themselves Hassle-Free Funding—because they’re that easy! I couldn’t even believe I didn’t have to go through long-winded processes of getting things approved, providing documents upon documents, things like that. It’s easy, simple, quick, and I could start working on my project as soon as I wanted—everything clicked!by Samantha Jones 03/16/2021
Conventional financing is too difficult—and unnecessarily so. I mean, why do you have to drown in documentation before you can get funding for your project? I decided to ditch the conventional route because it was so long and unnecessarily complicated. Contact Harbor Equity—best decision I’ve ever made
Conventional financing is too difficult—and unnecessarily so. I mean, why do you have to drown in documentation before you can get funding for your project? I decided to ditch the conventional route because it was so long and unnecessarily complicated. Contact Harbor Equity—best decision I’ve ever madeby Bruce Thompson 02/18/2021
Chris was one of the most repectful person to deal with throughout the process. He was transparent and explained everything clearly and stuck to his word.
Chris was one of the most repectful person to deal with throughout the process. He was transparent and explained everything clearly and stuck to his word.by Bailey 09/10/2019
They do hard to place loans like raw land.
They do hard to place loans like raw land.