M&M Private Lending Group

About M&M Private Lending Group

M&M Private Lending Group is a private hard money lender headquartered in Ft. Lauderdale, FL. We offer funding in Florida, Texas, New York, Colorado, and Massachusetts. Services: Hard money bridge loans, fix-and-flip loans for all investment property including commercial properties, rental properties, and/or new purchases and any refinance, including refinance cash out. We lend at minimum of $75,000 to $5,000,000 with a maximum LTV of 65%, (depending on location & asset) Our terms vary from 6 months and 48 months with very reasonable terms for private money. We make loans on many types of properties, including single family residences, multi-family units, office units, retail storefronts, and industrial buildings, and improved land transactions. Our Key differentiator is we lend with NO documentation, NO credit checks, NO financial statements, and NO tax returns. Truly asset based. We always say, "it's worth a conversation".

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans, Refinance / Cash Out Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Hotel, Storage, Mixed Use, Warehouse, Industrial

Areas Served: FL, TX, NY, CO, MA

Lending Guidelines for M&M Private Lending Group

Below are the general loan guidelines published on the M&M Private Lending Group website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by M&M Private Lending Group.

Loan Example 1

M&M Private Lending Group issues a fix-and-flip loan to Olivia for a renovation project in Miami, FL, on a house that is listed for $190,000. The lender agrees to write a loan with a 85% loan-to-value (LTV) so they are willing to loan $161,500 on the house. The loan also includes these features: 1) a 6 month term, 2) a 12% interest only note, and 3) a three percent origination charge.

Olivia must fund a total of $32,400 upon closing to cover the $28,500 down payment plus the $4,845 origination fee. The monthly interest only payments will then be $1,615 to the lender. If she sells the renovated project for $266,000 at the end of the 6 month term, her total profit (not accounting for remodeling expenses) would be $61,465. This is calculated by taking the sales price ($266,000) and subtracting the original principle ($161,500), the origination fee ($4,845), the money she contributed to closing ($28,500), and the total interest payments ($9,690).

Loan Example 2

Juan takes a fix and flip loan from M&M Private Lending Group in order to renovate a townhouse to re-sell in Miami, FL. The loan has the following terms:

$150,000 purchase price
60% loan to value (LTV)
18 month term
14% rate of interest
4% origination fee

Assuming a $217,500 sales price after the 18 month term, the numbers for the deal would look like the following:

$217,500 sales price
- $90,000 principle on note (60% LTV)
- $60,000 down payment (40% on 60% LTV)
- $3,600 origination fee (4% of the $90,000 principle)
- $18,900 total interest paid (18 months x 14% interest)
-----------------------
= $45,000 total profit (doesn't include taxes or rehab costs)

No Reviews Yet

M&M Private Lending Group currently has no reviews. To add a review now, click the link below:

Write a Review for M&M Private Lending Group