Considering a Fix and Flip? Choose a Hard Money Lender

Are you eyeing a property to potentially fix and flip or rent out? If that is the case, you likely understand well what repairs may be necessary. Have you given sufficient thought to how you’re going to fund it all? A hard money lender is one of your best bets, and here’s why.

To start, obtaining financing within a reasonable timeframe is a challenging process. Rehab properties may not work as collateral due to their condition, impacting eligibility. Hard money lenders specialize in real estate and can provide funds for purchasing and repairing.

There’s a multitude of reasons why people seek fixer-upper properties. Some choose to repair and sell, while landlords may improve and rent, as people are willing to put in work to find affordable housing.
With so many people seeking these properties, good deals will disappear quickly. A hard money lender can get you the money you need in days or weeks versus months.

This update is brought to you by Michael Internoscia, Principal Broker and CEO of hard money lenders Florida company M&M Private Lending Group, LLC.

With over 30 years of experience, we specialize in private real estate loans and offer personalized service with low rates and closing costs. We also offer mortgage note investments and have worked extensively with brokers and affiliates. Call 305-363-7169 or 954-445-4434 to speak with a lending representative about our Florida private loans or visit our website at https://mmprivatelending.com to fill out an application form.