Bridge Loans For Commercial Real Estate in Miami, Fl / First Financial Depot.
Bridge Loans for Commercial Real Estate in Miami, FL | First Financial Depot
First Financial Depot offers short-term bridge loans on commercial real estate properties in Miami and Dade County.
Currently placing #2 on the Financial Time's list for business "friendliness" and #9 in the nation for "American Cities of the Future", Miami is a busy city by the sea that continues to attract both foreign and domestic real estate investors. Furthermore, where there are good business opportunities, there are jobs. Where there are jobs, there are newcomers. Newcomers influence the demand for residential and commercial real estate properties. So, adding Miami to your real estate investment portfolio seems like a no-brainer.
Mortgage brokers, investors and developers choose First Financial Depot when it comes to securing short-term commercial bridge loans for real estate transactions in Miami. First Financial Depot is a trusted private hard money lender that provides short-term bridge loans for commercial estate. As a TRUE hard money lender, our commercial loan programs are completely asset-based, therefore approvals are determined by the value of the commercial real estate, never the borrower's personal financials, credit score or financial history. First Financial Depot practices "common-sense" underwriting and offers flexible commercial loan programs for both purchase and refinance options.
Commercial bridge loan terms in Miami:
- No financials. No docs. No bank statements or income verification.
- Loan amounts starting at $250,000-$5M+ (larger loan amounts always considered)
- 1-3 yr commercial loan terms / interest-only
- Competitive rates
- Flexible terms
- Up to 65% LTV
- Up to 50% LTV on improved land
- Brokers protected
- Quick approvals
- Fast closings
First Financial Depot considers the following types of commercial properties***:
- Multifamily and apartments
- Mixed-use
- Retail or strip center
- SF investment
- Improved land (Case by Case)
- Office buildings
- Warehouse
- Self-storage***
- Light industrial***
***Other properties considered on a case-by-case basis
Email | Joe@Firstfinancialdepot.com or Call: 855.505.5363
Thanks to its pristine white sand beaches, turquoise blue water, impressive "art deco" architecture, trendy nightclubs, high-end shops and world-renowned restaurants, it's no wonder that an average of 22,000 people relocate to Miami each year. Similarly, approximately 14.5 million travel to Miami annually, continuously making it a hot vacation destination and the 4th best hotel market in the country.
As demand continues to increasingly outnumber supply, Miami's rental rates are climbing as high as the temperatures. With so many people moving to the area each year, there is no question why investing in multi and single-family investment properties in Miami is ideal. There is a constant potential for earning a high ROI. From preconstruction to stabilized high-rise luxury condos, there's something for everyone looking to add Miami, FL to their commercial real estate investment portfolio.
The Top 9 Neighborhoods in Miami for Commercial Real Estate Investment:
- South Beach: The Party Place
- Miami Beach: A Top-Notch Neighborhood
- South Miami: The Older, More Laid-Back Section of Miami
- Coral Gables: Manicured, Pleasant Mix of Business and Residential
- Coconut Grove: The Easy-Going Life
- Coral Terrace: Convenient yet Crowded and Close to the University of Miami
- Pinecrest: For Wealthy Young Professionals and Families
- Brickell: The "Manhattan of the South": Business and Big City Vibes
Allow First Financial Depot to assist you with your next real estate project with one of our short-term commercial bridge loans. Each commercial loan can be tailored to meet the financing needs of any borrower.
Contact us today with your commercial loan scenario!
855.505.5363