Ever wonder how there are large, newly built homes that double or triple the sales price of what they were originally bought for less than a year before? It’s because the investor had access to the right private money lender! We see this throughout South Florida and many times anywhere near the water. This is especially true in Fort Lauderdale, where houses have an ideal location to the beach and highways. And while Fort Lauderdale may have an edge, there are still plenty of great opportunities if you can find the right private money lender. These opportunities are all over South Florida, especially in Fort Myers, West Palm Beach, North Miami, Fort Lauderdale, Boca Raton, Coral Springs, Deerfield Beach, and surrounding areas.
Finding the right private money lender may be difficult for some investors. After all, part of the money you’re borrowing is almost like “sweat equity.” You can’t put an accurate price on it. So trying to convince a bank committee that you need more than the actual purchase price can be difficult. And then there comes the time commitment for even waiting for the bank committee to meet. No, that’s not going to work for an investor.
Using a private money lender is the way to get your real estate business moving to take advantage of the small houses in Fort Lauderdale or Deerfield Beach that can be bought and converted into a turn-key ready home. The potential buyers for these homes haven’t changed, just the buyer’s standard of living and expectations. And, many of these potential buyers don’t want to mess with renovations.
Now, how are you going to get connected to a private money lender? Through Graceful-Lending, of course! Not only does Graceful-Lending have access to the private money lender you need, but we have access to over 130 of them. Each one of them wants to make a deal with the right real estate investor. So no matter your credit score or the amount you want to borrow, we will match you with the right lender. Believe us when we say there is a private money lender for every deal out there. And there is an opportunity for anyone who wants success at real estate investing in South Florida.