ASSET BASED LENDING SOLUTIONS FOR THE GREATER DAYTONA BEACH, FL AREA
Located just a short drive northeast of Orlando, full of up-to-the-minute businesses and restaurants, and home to the world-famous Daytona 500 NASCAR race, Daytona Beach is the very definition of a tourist destination. If you are one of the many business-minded individuals living alongside Daytona’s 23 miles of beaches, you will almost certainly be keen to make the most of this tourist-friendly industrious town by improving your financial prospects.
One way to do that, and quite a popular way in Daytona Beach, FL, is to develop a property investment portfolio. To make that easier, it’s a good idea to think about how you are going to fund that venture and that’s where our team at HML Solutions comes in.
HML Solutions for Your Property Needs
We are HML Solutions, and we offer a variety of financing options for the keen property investor looking to fund their ventures. The two main types of financing we offer are hard money loans and bridge loans, both of which can be enormously helpful in allowing you to get the money you have been looking for in order to build and expand upon your portfolio.
Bridge Loans & How They Help
First of all, let’s look at the bridge loans that we offer here at HML Solutions. Bridge loans are generally used to ‘bridge a gap’ – in other words, so you can get the money you need to acquire a property when you’re still waiting for other financing. There are many situations where this might be necessary, and it is generally a short-term process – and a very quick one too, which is part of the reason it is so popular.
A bridge loan may be helpful in the following situations:
- Repurposing a property.
- Remodeling or renovating a property.
- Foreclosure properties.
- Single- or multi-family units.
- Other unique properties.
There are other situations where a bridge loan might be the best solution too, so just ask!
Hard Money Loans in Daytona Beach, FL
Regardless of the type of property you are seeking to invest in, one of our hard money loans can really help. These are known to be a huge help when you are in need of some money for your property portfolio. You can expect the following great benefits when you take out a hard money loan from us in Daytona Beach:
- Short closing period, only one or two weeks.
- Competitive interest rates – never above 12%, and often as low as 6.99%.
- No other changes, hidden costs, or nasty surprise fees.
- No fee for early repayment.
- An LTV of up to 75% of the as-is value or purchase price.
- Borrow any amount from $50,000 to $50,000,000.
- Quick and easy application process.
- Interest-only amortization, reducing costs later on.
As you can see, there are many significant benefits to taking out a hard money loan with us at HML Solutions. You’ll find it is easier than a traditional loan, with fewer ongoing problems, and much more likely to serve your actual needs.
To find out more about our hard money loans or bridge loans, get in touch with our experts at HML Solutions at your earliest convenience. We can’t wait to speak with you!
Note: All submitted information is kept in strict confidence and used solely for the purpose of obtaining a hard money loan and/or bridge loan. We do not share your information with any third parties without your consent.