FIX AND FLIP LENDING IN FLORIDA SINCE 2007
No Hassle Fix & Flip | Fix & Hold | New Construction
FLORIDA HARD MONEY LOANS
Florida is the 3rd most populous state, and the 8th most densely populated in the United States. Jacksonville and the metropolitan Miami area are the most populous cities within Florida. There is an estimated population of almost 21 million. It also contains the highest percentage of people over the age of 65 years old, as it is one of the most popular retirement destinations in the United States. Florida has a very diverse and extensive economy. Having many different industries such as; tourism, construction, biomedical, healthcare research, aerospace/defense, and commercial space travel has contributed to the state’s economic development and for employment opportunities across the state. As of 2017, about 1 in 1,559 housing units have been foreclosed, which contributes to greater flipping opportunities.
Alpha Funding Solutions has been lending to real estate investors in the Southern Florida region for over 10 years. Our team is well versed and experienced in the Florida real estate market and is ready to help put together a custom tailored lending solution for your next project.
FLIP AND FIX IN FLORIDA
Recent Case Study – Funded by Alpha Funding Solutions Fix and Flip Hard Money Loans
Florida Hard Money Lending Highlights
- Fix & Flip, New Construction, 100% Financing, Joint Venture, & Commercial Bridge loans available.
- ≤65% Loan to Value based off of the After Repair Value
- No Limitations on Rehab Budget in Relation to Purchase
- Minimum FICO 600
- 1 to 2 Year Terms
- Loan Must Close in LLC or Corporate Entity
- Quick Closings
- Rates from 8.99% to 11.99% – Interest Only
- Origination Fee 3 Points
- All Asset Classes Considered
- Loan Amounts Up To $100,000 – $3,000,000