Private money loans are typically used by real estate investors for the purpose of purchasing or refinancing real estate without having to go through the hassles of qualifying for a traditional bank loan. These private loans are offered by private organizations, wealthy individuals, family offices, Self Directed IRA’s, Portfolio Investors, REIT’s, Hedge Funds, and many any other private lending institutions throughout the nation. Private money is sometimes referred to as private equity, hard money, hard equity or asset based loans. This is because more often than not the terms and conditions associated with private money are higher than those terms offered through a traditional bank. Even though the regulations and red tape associated with private money are less when compared to qualifying with a bank, the interest rates are typically higher and generally fall in the range of 8-15%. An individual or organization from which private money can be secured is known as a private money lender or private money investor.
Private Investor | Private Money | Private Loans | Private Equity Financing for Real Estate Investors in Florida
in and around the following cities:
Orlando – Miami – Tallahassee – Tampa – Clearwater – Jacksonville – Ocala – Ft Lauderdale – Palm Beach – Boca Raton – Key West
Connect with Private Investors | View Active Private Money Deals | Submit Your Loan Scenario!