Hard Money Loan Solutions

We extend our heartfelt wishes for a joyous New Year to our friends, family, acquaintances, and all individuals within the industry.

Hard Money Loan Solutions proudly served as the direct lender for a $1,500,000 loan, which is secured by a charming single-family property in sunny Miami Florida. About four months ago, a Broker reached out with the hope of helping a client facing foreclosure after some hard-fought negotiations over several weeks. The borrower had been caught up in a lawsuit but, thankfully, came through it successfully just recently. However, he’s now behind on his mortgage payments and is exploring refinancing options. After his legal victory, the borrower is set to receive a generous settlement of $3.5 million in six months. After a few months passed, the Broker contacted me again to see if I might be interested in a loan.   At that point, I decided to reconnect with the sponsor since we had already established communication. The sponsor mentioned he was waiting for some funds from his father to pay off the mortgage. Then, just last Wednesday, both the borrower and the Broker reached out to me, asking if we could finalize things by Friday since the property was set for auction on Monday. I let them know that if the title process was underway, we could make that happen, but it would depend on us inspecting the property on Thursday morning.   We went ahead with the inspection on Thursday and worked hard throughout the day to gather the survey and all necessary documents, including insurance, to ensure the closing could go smoothly. In the end, we successfully closed on Friday, providing the borrower with a mortgage of $1.5 million, which included a three-month interest reserve. 

The borrower has successfully acquired a Hispanic retail establishment, which is presently under his management. This property was purchased twenty-four months ago for $400,000, with an initial down payment of $100,000. The seller retained a mortgage, and the monthly mortgage payments amounted to $2,400, resulting in a total payment of $54,000, calculated at an interest rate of 6%. Additionally, the borrower has paid down an extra $120,000 during the course of the loan in order to further reduce the principal balance. Currently, the outstanding mortgage balance stands at $126,000. The borrower has experienced a timing constraint in settling the existing mortgage; therefore, we have provided a short-term bridge loan for a duration of 24 months, amounting to $150,000. #hardmoney #realtor #hardmoneyloans #rehabloans #hardmoneylender #bridgeloans #privatemoney #realtors #DSCR #mortgage #mortgagebroker #hardmoneyloan #bridgeloan #homeloan #mortgages #cashoutrefi #mortgagelender #investmentbanking #mortgagebrokers #realestateinvestor #construction #cashoutrefinance #privatehardmoney

Home of the No-Doc Loan Matrix #hardmoney #realtor #hardmoneyloans #rehabloans #hardmoneylender #bridgeloans #privatemoney #realtors #mortgage #mortgagebroker #DSCR #hardmoneyloan #bridgeloan #homeloan #mortgages #cashoutrefi #mortgagelender #investmentbanking #mortgagebrokers #realestateinvestor #construction #cashoutrefinance #privatehardmoney

FAMP Miami Chapter

The borrower approached us for pre-approval before searching for an investment property. They identified their desired home: a 3-bedroom, 2.5-bath, 2100 square foot residence with a garage. Initially listed at $445,000, we successfully negotiated the sales price down to $430,000! Additionally, we allowed the seller to provide a $16,000 credit for maintenance instead of needing it completed prior to closing. We expedited the closing with a loan amount of $258,000 at a 12% interest-only rate for 24 months that included a 6-month prepayment penalty. This loan was funded in December 2024. 

An investor inherited a rental property from a family member and was seeking capital for another investment opportunity. We offered our assistance and facilitated a cash-out refinance loan of $170,000 at a 12% interest rate, interest-only for 36 months. The loan had a 40% loan-to-value ratio and included a 6-month pre-payment penalty. #hardmoney #realtor #hardmoneyloans #rehabloans #hardmoneylender #bridgeloans #privatemoney #realtors #mortgage #mortgagebroker #DSCR #hardmoneyloan #bridgeloan #homeloan #mortgages #cashoutrefi #mortgagelender #investmentbanking #mortgagebrokers #realestateinvestor #construction #cashoutrefinance #privatehardmoney

This borrower purchased investment property 10 years ago using a seller-financed loan. The loan note became due this year, and she decided she would like to build. She needed additional funds to complete the project. She plans to refinance within the next six months. We offered her a loan of $130,000, which provided the capital needed to complete the project and pay off the seller. This loan is at a 12% interest-only rate over the next three years, with a 6-month prepayment penalty. The loan was funded in November 2024. #hardmoney #realtor #hardmoneyloans #rehabloans #hardmoneylender #bridgeloans #privatemoney #realtors #mortgage #mortgagebroker #DSCR #hardmoneyloan #bridgeloan #homeloan #mortgages #cashoutrefi #mortgagelender #investmentbanking #mortgagebrokers #realestateinvestor #construction #cashoutrefinance #privatehardmoney

Home of the “No Doc” Hard Money Loans. #hardmoney #realtor #hardmoneyloans #rehabloans #hardmoneylender #bridgeloans #privatemoney #realtors #mortgage #mortgagebroker #DSCR #hardmoneyloan #bridgeloan #homeloan #mortgages #cashoutrefi #mortgagelender #investmentbanking #mortgagebrokers #realestateinvestor #construction #cashoutrefinance #privatehardmoney