We are excited to announce the successful closing of a $480,000 loan for a charming one-bedroom apartment in Miami Beach, FL. Our skilled mortgage specialists managed this deal with a commendable 50% loan-to-value ratio, reflecting our expertise in one-bedroom investments. The apartment spans a spacious 740 square feet. What sets us apart? We finalized this loan within just six days … Read More
It’s Another Great Day! $185,000 Loan closed in Destin, FL 32541
We are thrilled to share that we have finalized a $185,000 loan for a lovely one-bedroom apartment in Destin, FL, expertly managed by our team of mortgage specialists. This deal achieved a commendable 50% loan-to-value ratio, showcasing our proficiency in handling one-bedroom investments. What sets us apart? We impressively secured this loan within just four days following the property’s appraisal, … Read More
Just Closed! $4,200,000 Loan in Parkland, FL 33067
We’re excited to announce the successful funding of a $4.2 million loan for a stunning single-family property in Parkland, FL at a 50% LTV. This property boasts 6 bedrooms and 5 bathrooms across 9,200 square feet. Our team’s success further highlights our deep relationships and expertise in facilitating investments in single-family residences in Parkland. What makes us stand out? Remarkably, … Read More
Effective Networking Hard Money Lenders
To grow your net worth, building relationships with colleagues and like-minded individuals is crucial. However, if you’re not naturally social, it can be challenging to break the ice. Here are some tips to help: Arrive early to events to get comfortable and avoid walking into an already-formed group. Approach strangers and engage with them politely. Identify someone who seems approachable … Read More
Are You Familiar with the New FinCEN Laws?
Last week, the federal government rolled out its tracking of secretive cash deals involving high-end Miami real estate. Understandably, this new development is causing many in the Miami real estate market to wonder how it may affect them. FinCEN has launched new regulations that require title insurance companies to disclose buyers’ names behind anonymous companies paying cash for properties costing … Read More
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 … Read More
Thin Credit? Consider Alternative Lending
To purchase a home conventionally, you need good credit. However, if you prefer paying in cash, it may lead to “thin credit” issues. Traditional mortgage lenders check income, credit, and assets to determine eligibility, leaving millions of people with old or insufficient credit data, known as “credit invisible” or “thin credit.” Alternative or private lending services are a good option … Read More
Floridians Believe It’s the Right Time to Buy a Home
A recent survey by the University of Florida found that just over fifty percent of Floridians believe it’s worth buying a home, despite the record low homeownership rates. Less than twenty percent felt it was not a good time, while the rest were unsure. Florida’s homeownership rate remains higher than the national rate. Those in favor of buying a home … Read More
FAMP Broward Chapter’s Annual Trade Show
Closing deals can be tough and may have unexpected issues. At M&M Private Lending Group, LLC, our experienced team takes pride in successfully closing deals and can help you become a better mortgage professional. Join us at the FAMP Broward Chapter’s 2017 Annual Trade Show on March 2nd, from 4:00 pm to 8:00 pm at the Bonaventure Hotel & Conference … Read More
Should You Consider a Multifamily Bridge Loan?
Let’s say you find a really nice multifamily property which practically guarantees a significant return on investment. But, you’re unable to obtain the necessary funds to meet the seller’s timeframe for ownership transfer. For various reasons, you’re also faced with a situation where financing options are unavailable to you. Investors who are unfamiliar with alternative financing may miss out on … Read More
