Leading Hard Money Lenders in Miami
Asset-backed funding for real estate investors in Miami, Florida.
Trusted Hard Money Lender In Miami, Florida
The Local Advantage With
14th Street Capital
Miami’s real estate market is highly competitive. With limited inventory availability and strong seller’s market, Miami properties are attracting multiple bids and investors are going over the list price.
As the median time to contract for single family homes continues to shrink, real estate investors have less time available to source their funding and close the deal successfully.
The time to contract dropped 46.4% from 2020 for single family homes listing. The condos had a 20.2% drop in time to contract in the same period.
Whether you are looking to purchase a property, fix and flip one or build your rental portfolio in Miami, hard money loans from 14th Street Capital can give you the power you need to thrive in Miami’s competitive real estate market.
Loan Highlights
- Closing time as low as 7 days
- Competitive interest rates starting from 8%
- No credit history, income verification or tax return submission needed
- 100% financing on rehab costs
- Origination points as low as 2 points
- Funding of up to 85% of property purchase amount and 75% of ARV
- Zero prepayment penalty
The Local Advantage
Why Choose 14th Street Capital for Hard Money Loans in Miami
Tailored Loan Offerings
We understand that every real estate investment is unique and our loans reflect the same. Rather than following a fixed template, our team works with you so that you can get the most value for your money and are poised to succeed in Miami’s fast-growing real estate market.
Local Real Estate Expertise
When you take a hard money loan from 14th street capital, you not only secure fast funding but also get access to a wealth of knowledge about the local real estate market in Miami. As real estate investors ourselves, we guide you through your investment decisions and can also help you connect with local contractors so that you can realise profits better.
Experience No Bar
Whether you are a newbie in the field of real estate or happen to be a seasoned real estate investor, securing a hard money loan from 14th Street Capital works in your favor either way. With asset based lending, previous experience in real estate investment is not a mandatory requirement. Even if you have a previous history of foreclosures, you can still qualify for our hard money loan offerings.
Relationship Based Lending
Real estate investments are seldom a one-off affair. We at 14th Street Capital understand the value of customer relationships. This is why when you apply for a loan with us a second time, you get the best possible deal. Repeat investors get access to better terms and can get loans at lower origination points in subsequent dealings.
Competitive Interest Rates
Hard money loans can get expensive but you can rest assured that you are getting a fair deal with our competitive interest rates. For investors planning to fix and flip properties in Miami, we offer the capital to purchase as well as renovate the property.
Areas Covered and Markets Served
14th Street Capital gives hard money loans in all the leading real estate markets in the State of Florida including:
Hard Money Loans For Different Project Needs
Short Term Funding Requirements at Competitive Rates
Get capital you need to purchase distressed properties, carry out the rehab and sell it for profit with fix and flip loans from 14th Street Capital.
Start building your rental portfolio with rental and loans from 14th Street Capital. We also cover the repairs so that you can maximise profits as a landlord.
Bridge Loans
If you are looking to refinance an existing loan, you can choose to get bridge loans from 14th Street Capital at attractive interest rates.
Hard Money Lenders vs Conventional Lenders
Hard Money Lending
- Asset based lending.
- Income proof and credit score not required.
- Fast approval - within a span of days to weeks.
- Minimal documentation requirement.
- Flexible terms based on individual borrower.
- Loans sanctioned for riskier projects such as rehabs, fix and flips.
Conventional Lending
- Loans based on personal creditworthiness.
- Minimum qualifying criteria based on credit score.
- Longer approval timelines - up to 2 to 3 months.
- Requires exhaustive documentation for approval.
- Strict guidelines and pre-established terms.
- Loan approval only on established risk-free properties.