Obtaining a hard money loan doesn’t have to be difficult at all, especially in Florida where most loans are offered for a short-term. In most cases, all you need to apply is to contact the hard money lender and provide the property location and how much it is worth, then you set the terms to close the deal.
In Miami, you’ll find plenty of real estate investment opportunities. It’s located in Miami-Dade County and has a population of 467,963 residents.
It’s known for being one of the top tourist destinations in the United States. Some huge companies based here are Telemundo, American Airlines, Disney, FedEx, U.S Century Bank, Cisco Systems, Visa, and Walmart, to name a few.
Famous Places in Miami
There are many important places in Miami like Downtown Miami Historic District, Brickell Financial District, and PortMiami.
But there are other top places that tourists and residents love to visit as well like:
- Vizcaya Museum and Gardens
- Little Havana
- Miami Children’s Museum
- Bayfront Park
- American Airlines Arena
Since it’s a multicultural city, there’s always something to do and somewhere to go to appreciate art in all forms. For example, there’s the Miami Design District, Brickell City Center, Adrienne Arsht Center for the Performing Arts, Art Deco Historic District or Wynwood Art District. And also the annual events that are held in the city like Miami Fashion Week and Miami International Film Festival.
Living Costs in Miami
The median home value is $332,160 and the average rent per month is $1,616. Residents have a per capita income of $28,804 and the job growth in the last year was 0.75%
Miami has the Section 8 program which is a federal housing program funded by the U.S. Department of Housing and Urban Development (HUD). The goal of this program is to assist qualified-income people with their housing needs.
Hard money lenders in Miami are prepared to help you with the best lending programs that fit your financial needs and property investment goals. You can take a look at some of them in the list below: