With over 20 years of industry experience, Gauntlet Funding specializes in direct private lending and distressed asset funding. Serving Tampa, Florida, and the surrounding areas, we offer several types of loan programs and services to meet your private or commercial real estate and construction needs.
Gauntlet Funding offers an array of hard money loans and services to meet your financing needs, including:
Located on Florida’s Gulf Coast and offering access to recreational and cultural activities, Tampa is currently Florida’s hottest real estate market, with the average property on the market for less than eight days. If you’re considering Tampa for your next real estate investment, below are a few facts you should be aware of:
According to Niche.com, Tampa’s most popular neighborhoods include:
Investing in Tampa’s real estate requires having quick access to large amounts of funding. As your Tampa, Florida, hard money lender, Gauntlet has the hard money solutions to complete your real estate transaction, regardless of the neighborhood.
A hard money loan is a short-term loan secured by collateral or the property or asset used to secure the loan. Hard money loans have less stringent credit and asset requirements than traditional bank loans, making them a good option for those with less than perfect credit.
Fix-and-flip loans are short-term loans used to purchase and renovate (fix) or improve a property to sell for a profit (flip). These loans are typically used to cover the upfront costs of renovating the property.
New construction loans are loans used for the construction of new properties, including purchasing the land, building supplies, and construction costs.
Bridge loans are short-term loans that “bridge the financial gap,” or provide immediate cash flow between purchasing a new property and selling the old property.
Rental loans are long-term property-based loans for rental and multi unit properties. This is a popular option for those who want quick access to funding to renovate apartment complexes that are tenant occupied. Rental Loans are commonly known as investor loans or landlord loans.
Joint venture financing involves a developer or investor and a lender or financier agreeing to combine their resources to complete a real estate project or transaction. Each party is responsible for their own debt, and profits are divided based on the contract terms.
Contact Gauntlet Funding online today to discuss your hard money loan solution.
A hard money loan is a form of financing secured by collateral or an asset, usually real estate property. The property being purchased is used as the collateral for the loan.
There are three reasons you would use a hard money lender: either you are unable to secure funding from traditional sources, you have been denied a conventional loan, or you need faster access to funding.
Like traditional loans, you’ll apply for a hard money loan with a reputable hard money lender. The application process varies by lender, but most lenders will request you complete an application providing your personal and financial information, information about the property to be purchased, and other requested documentation. At Gauntlet Funding, you can be prequalified within a day.
