We use mostly private lenders, but when we do use hard money we go with Bridgewell Capital. They offer the lowest rates we have found and are quite fast with closing. They offer lower interest and points the more deals you do through them, so if you use hard money alot it really helps.
They are out of Orlando but will lend anywhere in FL.
We use mostly private lenders, but when we do use hard money we go with Bridgewell Capital. They offer the lowest rates we have found and are quite fast with closing. They offer lower interest and points the more deals you do through them, so if you use hard money alot it really helps.
They are out of Orlando but will lend anywhere in FL.
I recommend me. I am biased a little bit...but I have very good reasons to be. Great rates, easy to work with, low fees, simplified process, no capital capacity issues...you'll love working with me.
My scenario is that my wife and I are just getting into REI. We just got our first contract signed for a duplex we plan to owner occupy and own for now in our personal name, though we do have an LLC set up as well.
Just after we signed a friend of mine who is a realtor, and working with owners who are friends of the family, came to me with another deal that I didn't want to pass up. It involves a short sale of a property with a SFH but also has a rented duplex apart of it. I don't know how much I can share on the regular forum ( I posted more info yesterday and biggerpockets pulled it because it needed to be in the marketplace), but I can give more detail on the phone or through email.
The reason Im looking into hard money is because most of our funds are tied up with the duplex we just signed on and this property does need rehab.