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Gainesville Florida

Gainesville Money Lenders at Gauntlet Funding

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About Gauntlet Funding, Gainesville, Florida

Are you looking to buy a new single-family home in Hazel Heights or a rental building in University Park? The time you have to close on your property is crucial. Let us help you close the deal. With more than 20 years of direct private lending experience, Gauntlet Funding is a well-known leader in hard money lending. We provide various loan products and services to meet your individual or professional real estate and construction needs in Gainesville, Florida, and the surrounding areas.

Types of Hard Money Loans in Gainesville, Florida  

Gainesville’s real estate market demands competitors to have quick access to significant sums of money. To suit your finance requirements, Gauntlet Funding, your Gainesville private funding company, offers a variety of hard money loans and solutions, including:

  • Hard money loans
  • New construction loans
  • Fix-and-flip loans
  • Bridge loans
  • Rental loans
  • Joint venture financing

Popular Neighborhoods in Gainesville

Home to the University of Florida and halfway between Miami and Atlanta, Gainesville is a metropolitan city surrounded by rural land and natural wilderness. It is famous for its vibrant neighborhood, college-like ambiance, and first-rate amenities. Niche.com voted Gainesville the No. 1 Best Place to live in Alachua County for 2022.

Familiarize yourself with the following if Gainesville is on your list of potential locations for your next real estate investment:

  • Gainesville has more prospective buyers than there are properties up for sale. This situation results in a seller’s market, when homes sell faster and for a higher price.
  • Gainesville’s most expensive neighborhood is University Park, with a median home price of $435,000

According to the growth in real estate appreciation, the number of houses for sale and rent, and the length of time properties are on the market, the following neighborhoods in Gainesville are among the most sought-after:

  • Duck Pond
  • University Park
  • Hazel Heights
  • Pleasant Street Historic District
  • Sugarfoot

Financing Options in Gainesville Neighborhoods

Regardless of your neighborhood, Gauntlet Funding can assist you in obtaining the hard money loan financing you require to purchase your Gainesville property.

Hard money Loans

A hard money loan is a short-term loan backed by the asset or property used as collateral. With many advantages that traditional lending cannot match, including faster processing times and more straightforward qualifications, hard money loans are an excellent option for those with less-than-perfect credit and financing residential and commercial properties.

New Construction Loans

Loans for new construction pay for the costs associated with building new homes, including purchasing land and building materials. They are perfect for real estate investors, contractors, and builders who want to subdivide land for construction.

Fix-and-Flip Loans

Fix-and-flip loans, also known as rehab loans, are short-term loans used to buy, restore, or improve a property (“fix”) to sell it for a profit (“flip”). Usually, these loans cover the upfront expenses associated with remodeling the property.

Bridge Loans

Bridge loans are short-term loans that provide immediate cash flow or “bridge the financial gap” between buying a new property and selling the old one. Investors might use them when they require additional funding for new projects.

Rental Loans

Rental loans, often called landlord loans, investor loans, or DSCR loans, are long-term, asset-based loans provided to real estate investors who purchase tenant-occupied properties such as apartment buildings and multi-unit homes.

Joint Venture Financing

In a joint venture financing arrangement, a developer, investor, or lender agrees to pool or combine resources to finance a real estate project. The contract terms determine profit distribution, and each party is accountable for its debt. If you’re investing with a project partner or can’t get approved individually, this loan type is an option.

Why Use Gauntlet Funding in Gainesville, Florida?

At Gauntlet Funding, we work directly with our clients. Our experienced and knowledgeable financing specialists will walk you through the loan cycle, from application to disbursement. As a Gainesville private funding group, we offer flexible terms and quick closings at low rates to compete in Gainesville’s fiercely competitive real estate market.

Visit Gauntlet Funding Today 

Contact Gauntlet Funding of Gainesville, Florida, online today to learn more about our specialized hard money loan solutions. As a full-service lender, we also provide conventional residential and commercial mortgages.

FAQs 

What Types of Properties Can You Buy With Hard Money Loans?

You can use hard money loans to purchase commercial, retail, office, and residential real estate.

Do Hard Money Lenders Require Deposits?

Whether hard money lenders require deposits varies from lender to lender. However, many lenders may require a down payment.

Why Would You Obtain a Hard Money Loan?

Most borrowers turn to a hard money lender when they can’t get funding from other conventional sources, when a potential lender has turned them down for a traditional loan, or when they need access to funding sooner than is possible through established channels.

 


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