Florida Hard Money Loans
We at Optimus Capital are here to serve your investment borrowing needs and provide you with the best bridge loan possible. As investors ourselves we have purchased hundreds of properties, we know and understand the unique needs that each real estate investor has. Through our years of experience we have encountered nearly every possible situation and outcome in our loans, therefore giving us the upper hand in designing for you programs which offer excellent rates and terms. We have closed many hard money loans in Florida for single family non owner occupied property owners. Our real estate investors have continuously returned to us to obtain hard money loans, quick closing and great service.Below is the general overview of the Florida hard money loan:
- Single-Family Property
- Loan Type: Purchase + Rehab Bridge Loan
- Purchase Price: $325,000
- Rehab Amount: $69,900
- Loan Amount: $329,900
- ARV: $440,000
- Loan to Value: 75%
- Rate: 9%
- Vested Title: Entity
- Experience: 5+ Past Transactions
The subject property received one of our Florida hard money loans and is a 3 bedroom 2 bath single family home located in Winter Park, FL. It has over 2100 square feet.The house has schools nearby. The real estate investor has plans to remodel the property. New paint will be applied along with updating the kitchen and bathrooms. The borrower has plans to update the plumbing, electrical, and roof.
This single family property is located in the Kenilworth Estates neighborhood in the Orlando FL area. Nearby places include Winter Park Hospital, Rollins College, The crosby Wellness Center, the Orlando V.A. Medical Center and more. Kenilworth Estates is a well established suburb of Orlando that attracts home buyers from all over Orlando, FL. Kenilworth Estates is a friendly community with great schools.
Bridge Loan Lenders Florida
Optimus Capital, Florida hard money loans allow borrowers to purchase, finance, and acquire solid single family property deals which they intend to remodel the properties. Optimus Capital allows them to save money with lower interest rates and reduced fees. Optimus Capital, bridge loan lenders Florida allow for flexibility, lower rates and higher rates of return because of our institutional level investing and customer-centric investor mindset. The more money we can save you in finance charges, the more you have to invest.Florida Real Estate Market
There is clearly a demand for Florida real estate, whether it’s single-family homes, condos, multi-family or rentals. Housing prices have increased; supply and inventory continue to drop, we haven’t seen a dramatic drop in rents across the state. With summer here and already an uptick in domestic travel bookings, the Florida real estate market is poised to maintain its robustness over the medium term. Florida is still an attractive real estate market for buyers. Lower income and property taxes, warm weather, no estate taxes, and incredible recreation and beaches makes this state the most desirable place. Some of the best cities in Florida with the best appreciation rates are Tampa, St. Petersburg and Cape Coral, just to name a few. St. Petersburg is known for its diversity and packed social calendar. Tampa has many reasons why people move there, but an active professional sports scene is definitely one of them. It also provides a vast array of locally owned restaurants and tons of festivals. From snowbirds to surfers to artists to students to hard working families, the Sunshine State is full of friendly locals who move at their own pace and are more happy to welcome new neighbors. Florida’s median home value is $233,300, which is slightly higher than the national average of $226,800. The cost of living varies from community to community. Out of 125 most populous metro areas in the U.S., 11 are located in Florida, and nine of them are among the 25 fastest growing by population due to migration, based on census data between 2013 and 2017.“Orlando is one of the most desirable places to live in Florida. It has a population of over 2,000,000. Kenilworth Estates offers large homes at a competitive price.”
Orlando is home to some of the most notable people in Florida.
Notable people who are from Orlando include the following:
- Cody Allen – MLB Pitcher
- Lance Bass – N’ Sync
- Giselle Bellas – Singer
- Johnny Damon – MLB Player
- Ericka Dunlap – Miss America 2004
- Joey Fatone – N/ Sync
- Mandy Moore – Actress
- A.J. McLean – Backstreet Boys
- Wesley Snipes – Actor
- Paul Wilson – MLB Pitcher
- and many more
Mckinley has called Orlando one of the best places to live. The job growth is positive. The cost of living is higher than the U.S. average. Orlando residents shell out more than 30% of their income on housing. Orlando has excellent schools, churches, and leisure nearby such as Disneyworld. Orlando is a major tourist hot spot attracting people from all over the world. Many of the industries Florida hard money loans have occured right here in Orlando because of the local market and ability to resale properties at after reapired value. (ARV)
- Winter Park
- Maitland
- Horizon West
- Oviedo
- Lake Mary
- Heathrow
- Doctor Phillips
- Altamonte Springs
- Wekiwa Springs
- Winter Springs
- Black Hammock
- Forest City
- Fern Park
- Lake Butler
- Alafaya
- Hunters Creek
- Windermere
- Conway
- Casselberry
- Chuluota
- Gotha
- Celebration
- Winter Garden
- Belle Island
- Sanford
- Goldenrod
- Fairview Shores
- Bay Hill
- Longwood
- Williamsburg
- Tangelo Park
- Montverde
- West DeLand
- DeBary
- Ocoee
- Edgewood
- Clermont
- Lockhart
- Union Park
- Apopka
- Oakland
- Tangerine
- Zellwood
- Wedgefield
- Minneola
- Orlovistathroughout
- Holden Heights
- Bithlo
- North DeLand
- Orange City
- St. Cloud
- Groveland
- Sky Lake
- Meadow Woods
- Silver Lake
- DeLand
- Rio Pinar
- Mount Dora
- Eustis
- Tavares
- Oak Ridge
- Pine Caste
- Southchase
- Fruitland Park
- Deltona
- Azalea Park
- De Leon Springs
- Clarcona
- Astatula
- Howey in the Hills
- Lake Helen
- Mount Plymouth
- Taft
- Umatilla
- Leesburg
- Buenaventura Lakes
- Yalaha
- Poinciana
- Kissimmee
- Loughman
- Mascotte
- Pine Hills
- Midway
- Eatonville
- Campbell
- South Apopka
- Altoona
- Paradise Heights
- Lake Hart
- Tildenville
- Lisbon
- Sorrento
- 33rd Street Industrial
- Airport North
- Audubon Park
- Azalea Park
- Bal Bay
- Baldwin Park
- Bel Air
- Beltway Commerce Center
- Boggy Creek
- Bryn Mawr
- Callahan
- Camellia Gardens
- Carver Shores
- Catalina
- Central Business District
- City of Orlando / GOAA
- Clear Lake
- College Park
- Colonial Town Center
- Colonialtown North
- Colonialtown South
- Coway
- Countryside
- Coytown
- Crescent Park
- Delaney Park
- Dixie Belle
- Dover Estates
- Dover Manor
- Dover Shores East
- Dover Shores West
- Eagles Nest
- East Central Park
- East Park
- Education Village
- Engelwood Park
- Florida Center
- Florida Center North
- Haralson Estates
- Hibiscus
- Holden Heights
- Holden / Parramore
- Johnson Village
- Kirkman North
- Kirkman South
- Lake Cherokee
- Lake Como
- Lake Copeland
- Lake Davis / Greenwood
- Lake Dot
- Lake Eola Heights
- Lake Fairview
- Lake Formosa
- Lake Fredrica
- Lake Holden
- Lake Mann Estates
- Lake Mann gardens
- Lake Nona Central
- Lake Nona Estates
- Lake Nona South
- Lake Richmond
- Lake Shore Village
- Lorna Doone
- Malibu Groves
- Mariners Village
- Mercy Drive
- MetroWest
- Millenia
- Monterey
- Narcoossee South
- New Malibu
- North Orange
- NorthLake Park at Lake Nona
- Orlando Executive Airport
- Orwin Manor
- Palomar
- Park Central
- Park Lake / Highland
- Pershing
- Pineloch
- Princeton / Silver Star
- Randal Park
- Richmond Estates
- Richmond Heights
- Rio Grande Park
- Rock Lake
- Roosevelt Park
- Rose Isle
- Rosemont
- Rosemont North
- Rowena Gardens
- Seaboard Industrial
- Signal Hill
- South Division
- South Eola
- South Orange
- South Semoran
- Southeastern Oaks
- Southern Oaks
- Southport
- Spring Lake
- Storey Park
- The Dovers
- The Willows
- Thornton Park
- Timberleaf
- Uptown
- Ventura
- Vista East
- Vista Park
- Wadeview Park
- Washington Shores
- Wedgewood Groves
- West Colonial
- Westfield
- Williamsburg
- Windhover
- Lake Sunset
- Lake Terrace
- Lake Underhill
- Lake Weldona
- Lancaster Park
- LaVina
- Lawsona / Fern Creek
Bridge Loan Lenders Florida
Optimus Capital focuses on providing the most aggressive bridge loan financing available in the market. Bridge loans offer short -term home financing. They can be used to purchase properties along with offering rehab funds.Optimus Capital, bridge loan lenders Florida have extremely competitive rates and low-cost fees. Fill out the pre-app and let us know a little about yourself. We can set up a call to discuss any loan scenario and that way we can be informed and prepared for our conversation. We at Optimus Capital are available by phone, email or text. We are looking forward to a mutually beneficial long-term relationship with you and your team.
We are here to assist you as one of the top bridge loan lenders Florida during this time. We are still closing on loans during COVID-19. Our team is working diligently daily to assist our borrowers. We look forward to closing your Florida hard money loans quickly and efficiently during this time.