BiggerPockets

Hello everybody!!! I am looking for a descent hard money lender in the Clearwater, Fla, area. Does any body know of ant? Thanks for any help in advance.
Warren :mrgreen:

need more info. Short or long term? Will Barnard does short term loans. See post from 2 days ago :another BP deal completed" It should answer your question. Good luck. Rich in FL.

You would get more replies if you were more explanatory. Length? Amount? Location? Security? Exit strategy? Any of those lil tidbits would get you more replies, which would give you more options, imo. Rich

Warren, Info about our programs . . .

All funding programs are for business or investment purposes only and target
borrowers who require fast closings and/or have credit issues. Loans are funded
usually within two business days from receipt of documents.

Bridge and medium-term loans range between $100,000 and $1,500,000 in two
programs, both have a maximum Loan-to-Value of 50% and repayment terms
of Interest-Only, principle due at maturity.

BRIDGE LOAN: One year or less, 18% (7 points) there's no prepayment penalty.
MEDIUM TERM: Up to a five-year term, 18% (5 points) first year prepayment penalty (initially 12%, decreasing 2% every two months.)

Transaction types include purchase, refinance, renovation, construction, credit
line, project completion and bridge loan.

Most property types qualify, including:land, multi-family, single-family, condo and co-op, mixed use, office, warehouse, retail, light industrial, convenience store, gas station and special purpose.

The Loan process is simple and fast . . .

No seasoning requirements

No upfront commitment or processing fees

Minimum credit score 400

Minimal documentation required

Combined Loan-to-Values to 105% (yes, you have read it right)

Thanks again for replying. I am looking for a 6 month loan or less, 70% of ARV to purchase, and fix house. i am looking also for down the road to purchase rental properties.
Thanks Warren