Easily Grow Your Real Estate Business!
NON-TRADITIONAL FINANCING
Rates start as low as 6.99% | Up to 100% LTV
Nationwide Commercial & Non-Owner Occupied
Real Estate Loans
$100,000 To $50 Million
Cash-Out Refinance | Fix & Flip | Hard Money Loans | Purchase | Refinance | Rental Property
For business owners or real estate investors looking for hard-money lenders (fix & flip or cash-out refinance), rental investment property loans, commercial property mortgages, or ground-up construction loans, Private Capital Funding LLC a Florida-based company, through our network of private partners offer competitive rates and flexible terms on all of our Commercial & Non-Owner Occupied Real Loan programs.
There is this misunderstanding that the only people who use hard money (or OPM) are the people who have bad credit, bankruptcies, short sales, and foreclosures on their record and can’t get access to cash any other way. While this is true in some circumstances, many very successful real estate entrepreneurs use hard money every time they buy a property.
Why would real estate investors with liquid and sizable cash reserves on hand still prefer to use OPM (Hard Money Loans) every day of the week? Why would heavy hitters, with gobs of personal cash, regularly use OPM?
Habitual, hard-core Deal Makers understand that if they leverage their cash reserves, they simply tie up their own money for 6-12 months. This makes it impossible to buy more properties based on the amount of money in their bank accounts, which serves as proof that they can service loans on varying cash-flowing properties. By leveraging OPM, they keep their own money liquid, which means they can do more deals, more often!
Our financial institutions provide asset-based hard money lending to investors looking for funding on commercial and non-owner-occupied residential investment deals. All loans are evaluated with asset-based standards, as opposed to the conventional standards utilized by banks and other institutions. That means that even if you don’t meet the stringent requirements and guidelines of banks and more traditional lenders, you can still quickly and confidently make offers on real estate deals.
Private Capital Funding has a considerable track record in private hard money lending and works primarily with individuals who put a premium on trust. We invite you to contact us to discuss your objectives and the opportunities offered via private hard money lending.
Our mission is to provide capital to real estate investors, allowing them to gain financial freedom through profitable real estate transactions. When banks say NO, call us. We'll get it done right.
Real Estate Loan Types:
Fix And Flip
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We lend to investors interested in purchasing distressed properties.
Hard Money Loans
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We provide hard money loans that offer fast, flexible, private money and bridge loans that work for you.
Rental Investment Property
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We lend private money to secure rental investment property and for existing rentals.
FIRST STEP TO
GETTING HARD MONEY
The biggest blunder any investor can make in real estate is to shop too early for money, yet this is the most common mistake we see investors making in real estate. The rule of thumb is: it’s much easier to shop for cash when you have a deal in hand and under contract.
Why? Because as long as that property is not under contract, it’s up for grabs by anyone and everyone and no lender will spend time and resources on a property that can be snatched out from under the borrower at any moment’s notice.
Putting the house under contract is an easy 3 - Step process:
1. Prospect and Review Potential Properties
2. Write Offer and
Get Offer Accepted
By Seller
3. Put Earnest Money in
Escrow to complete the contract.
5 REASONS WHY INVESTORS USE HARD MONEY
Hard Money is commonly considered “Really, really expensive money unless you know what you’re doing.” But actually it’s much more than that. Although Private Money tends to be more expensive than conventional financing, its benefits often outweigh its costs.
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It’s Fast: Flipping homes is a time-sensitive business. Depending on how fast you submit the loan package items, you can have your loan in several days to several weeks. It can take one to three months to secure a loan with traditional financing.
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It Looks at Collateral, Not You: Hard money lenders are not interested in credit score.They are interested in how much value they see in the property since the property is the asset that is backing the loan.
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It’s Everywhere: Hard money lenders are often people who have funds parked in lower-yielding financial vehicles like CDs, stocks, or IRAs and are looking for newer ways to maximize their funds in higher yielding conduits, like lending on real estate.
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It’s Creative: With hard money, you can get funding on great deals that banks would normally shun. Promising investment properties that needs repairs, make them unsuitable for most banks, but perfect for most hard money lenders.
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It’s Flexible: Hard money lenders don’t have the same strictly-enforced guidelines to follow for their loan applications, so they are more willing to help creatively structure loans that work for the project.
Having Private Capital Funding in your court that gives you confidence to put properties under contract. As long as you find the no-brainer deal that fits our guidelines, do the proper due-diligence, and turn in an application, you can be rest-assured that the deal will fund!
**Please note: Terms and conditions apply. Pre-qualification does not constitute a loan guarantee and is subject to verification of documents and final review. Underwriting requirements require veriification of data and must support your ability to repay. Credit will not be extended if you do not meet pre-established criteria. Please refer to our Business Loan Product Guidelines and Real Estate Loan Product Guidelines for more information.