Commercial Real Estate Loan, Financing for Flipping Houses, and Private Money Lenders in Pompano Beach, Florida
Graceful-Lending is your new partner in commercial real estate lending, financing for flipping houses, and other private money lending for Pompano Beach, FL. While we are a small family-owned company, we have access to 135 real estate loan partners. With Graceful-Lending, you are getting the responsive personal service you want with the competitive pricing you need to make the most of your investment.
Graceful-Lending offers the financing for flipping houses that investors need to secure to take advantage of an opportunity quickly. When you’re looking for speed, then hard money lending is the right opportunity for you. Hard money loans are provided by private lenders that hold the loan for a short period of time. Private money lenders for real estate may have their own parameters for paying back the loans and also the amount they are willing to lend. This is why having an expert such as Graceful-Lending to find the right private money lender will save you time and more importantly, money.
House Flipping Loans, Fix and Flip Loans for Pompano Beach
The ability to get fast fix and flip loans depends on the speed at which you can get the documents and information. The loan search process will start once all of these are in our hands. Then we’ll be ready to send to the right commercial real estate lending partner for your Pompano Beach opportunity. Some may be able to offer larger amounts, some may specialize in low credit scores. Whatever your parameters are for Pompano Beach flipping, we can find the right loan for you. Here is some of the information we’ll need from you:
- Borrowers’ information
- Property address
- Purchase price/Rehab cost/ARV
- Property under contract (required)?
- How quickly do you need/want to close?
- How much do you plan to make on this deal?
- Approximate credit score?
- Any foreclosures or bankruptcies in the past year?
- If I were to look in your bank account today, what would you think the average balance would be?
- Do you own any other properties outright (for collateralizing)?
- Any other noteworthy financial assets (retirement accounts, 401k, IRA, Bitcoin, etc.)?
- How many deals like this have you done in the last year or so?
- How much did you make on your last deal?
- What funds do you have right now to put into this deal?
- How will you cover the reserve requirement (minimum 3 months of loan payments visible)?
Hard Money Loans and Private Money Lender in Pompano Beach, Florida
Pompano Beach is just north of Fort Lauderdale and a beach lover’s paradise. One of the best attractions in Pompano Beach is not in the city itself but in the ocean. Offshore coral reefs, numerous wrecks, and other dive sites make Pompano Beach the home to many scuba diving operators. If you want to invest in a property in Pompano Beach, FL, and need a hard money loan, Graceful-Lending can help!