Florida Owner Occupied Hard and Private Money
Florida homeowners who own their primary residence, what do you do when you need to secure funds, but you don’t have the credit or income? Many homeowners are trying to figure out where to turn for their financing needs. At AHL Network Resources, we have built an extensive portal for our homeowners to connect directly to the sources who can get them the cash they need on their owner-occupied or primary residences.
Hard and Private money sources have grown in the last five years as banks have made borrowing money harder, and the underwriting guides eliminate good borrowers who have equity form getting a bank loan. So what do these homeowners do?
Our investors have carved out a special niche to help Florida homeowners who need financing help and live in their home but have no outlets to secure funds for home improvement, debt consolidation, installing a pool, remodeling the kitchen, purchasing more properties, using the money for investment purposes, stopping property tax deed sales, or stopping foreclosure bailouts. If you are going through a Florida property tax deed sale and owe back property taxes over several years, you can pull cash out of your primary home and stop the sale and pay off the back taxes owed using the equity in the home. Many times if you have the correct amount of equity in your home and the mortgage balance is not too high (less than 50% loan to value), our private money investors can stop or help with a foreclosure bailout. In order to help the homeowner with the payoff form, the current mortgage company and the new amount must not exceed 50% loan to value with many investors. However, our portal of hard money investors has helped many clients stop foreclosure and save their primary home.
The first step in getting what you need is bringing borrowers and investors together who will compete for your business and call you directly about the equity in your home. Our hard and private money investors are not using credit, but instead, placing more underwriting weight on the equity in your primary residence. Many clients own their homes outright, have no mortgage, or is paid off. When you need to borrow against the equity in your home, pull cash out of your house, or take money out of the home to use for whatever reason, our private money investors at AHL Network Resources can help you and will usually call you within the first hour of you contacting us. Our investors cover all areas of Florida: Tampa, Orlando, Miami, Ft Lauderdale, Sarasota, Naples, Ft Myers, and Jacksonville
Our Private money investors will contact you directly and visit you face-to-face to get an estimate of the value and the equity in your home. You can expect hundreds of years of experience, quality answers, great follow-up and no banks hassles ever. No matter what your request is, if you own a free and clear home and the value is $200,000 and you need $40,000, our investors can help your request. They place more emphasis on your equity than the credit in your home. So when you need a new financial portal or hundreds of investors who will tailor a loan to your special needs, then maybe Florida hard or private money might be for you. Most of the private investors can close your request in under 21 days assuming the title on your home is clear, and there are no liens or judgments. Please consider a private money source as a way to solve your request for funds on your Florida owner-occupied property.