Hard money lenders are everywhere, but one of the advantages you get from working with a local hard money lender is that they know the investment area very well and they can even share with you some insights about the properties there. The more experience a hard money lender has, the better the deal for both parties.
When you access a hard money loan you won’t only get the property funding but also the chance to learn from the lender’s background and experience. To get the approval you don’t need to go through a painful and long process, instead you’ll be required to provide precise information so you can close the deal as fast as possible.
You can have a mutual agreement with your hard money lender on the loan terms such as interest rates, loan amount, the scope of the project, repayment time and payment methods. The more transparent your relationship the better because that way you can build trust, which will be necessary if you plan to obtain more loans in the future.
In Clearwater, Florida you’ll find great property investment opportunities.
Clearwater is a city in Pinellas County with a population of 116,946 where 89.9% of its residents are high school grads, 30.4% have a bachelor’s degree or higher and count with a per capita income of $31,949.
The real estate market is constantly active with a lot of property offers, where the median value of a home is $255,310 and the average rent per month is $1,544
What Clearwater, Florida Is Known for
The city is known for some of the most visited places like Clearwater Marine Aquarium, Clearwater Beach, Spectrum Field and Westfield Countryside Mall. It has a wide variety of parks as well like:
- Park Locator
- Bayview Park
- Coachman Park
- Crest Lake Park
- Ed C. Wright Park
- Moccasin Lake Nature Park
- Enterprise Dog Park
Hard money lenders in Clearwater, Florida are experts in providing long or short-term loans to help you out in your investment journey. If you have any doubts or questions, you can contact one from the list below.