Why Choose Us for Rental Property Loans?
Answers You Might Be Looking For
What is a Florida rental property hard money loan?
A Florida rental property hard money loan is a short-term, asset-based financing solution designed for real estate investors purchasing or refinancing rental properties. Unlike traditional mortgages, these loans are approved based primarily on the property’s value and income potential rather than extensive borrower qualification requirements.
How quickly can I get approved and funded?
We can provide pre-approval within 24-48 hours and complete funding in 5-14 days.
What are typical interest rates for Florida rental property hard money loans?
Interest rates for Florida rental property hard money loans typically range from 8-15%, depending on the loan-to-value ratio, property type, borrower experience, and current market conditions.
How much can I borrow against my rental property?
We offer loans up to 80% of the property’s current value or after-repair value (ARV). Loan amounts generally range from $50,000 to $3,500,000.
Do I need to provide income documentation?
No. Our Florida rental property hard money loans are asset-based, meaning we focus on the property’s value and rental income potential rather than personal income.
What down payment is required?
Down payment requirements typically range from 15-40% depending on the loan type and property.
What are typical loan terms?
Our loan terms typically range from 6 months to 5 years, with most rental property loans having 1-3 year terms.
Deals We Have Funded
