Hard Money Lenders
florida
- Rate 10.75%
- 12 Months
- Points 2.25%
- 7 Days to Close
How We Evaluate Hard Money Loans In Florida
At Ridge Street Capital, we’re more than just a national lender—we're the local choice for Florida real estate investors looking for fast, reliable funding. Our office is located in Brickell, Miami. This section is here to give you a transparent view into how we evaluate fix-and-flip opportunities across the state. Here’s how we evaluate your deal:
1. We Prioritize Profitable Projects
We fund deals with strong potential for success. That typically means:
- Loan amounts up to 75% of After Repair Value
- Projects with at least 20% projected ROI
- An ARV backed by credible sold comps, not inflated listings
2. We Match Rehab Scope With Experience
As an investor builds their track record, access to financing on larger more complex projects is provided:
- Beginner investors should focus on moderate rehab deals (Rehab <= 50%Purchase Price)
- Intermediate flippers with 1-2 completes projects, can pursue heavy rehabs (Rehab <= 100% Of Purchase)
- Experience investors with 3-5+ completed projects can be financed on expansion projects
3. We Reward Creditworthy Borrowers
While our loans are asset-based, your credit still matters.
- Strong credit is the highest indicator of successful fix and flips across our protfolio
- Real Estate investors often have high credit utilization which can bring down their scores - this is acceptable for underwriting
4. Lending in Strong Florida Submarkets
Leverage is adjusted based on local market strength.
Up to 75% LTARV in Florida’s strongest housing markets and more conservative (e.g., 65% LTARV) in declining submarkets.
In 2026, we’ve seen some of Florida’s major metros—like Tampa, Miami, and Orlando - experience signs of softening, which means we typically reserve funding in those areas for more experienced investors. Markets like Jacksonville, West Palm Beach and Pensacola have remained relatively stable, making them better suited for first-time investors. This said, Ridge Street will always fund a great deal in any Florida market.
Florida Hard Money Loan Product Details
Florida Fix and Flip Loan Beginner
Perfect for first-time investors with solid credit, doing light to moderate rehab projects.
Up to 90% Loan-to-Cost (LTC) and 100% Rehab with 740+ credit
Up to 80% Purchase + 100% Rehab with 720+ credit
Up to 75% Purchase + 100% Rehab with 660+ credit
Max 75% Loan to After-Repair Value (LTARV)
Interest Rates from 10.5% to 11.5%
Origination Fee: From 2.0%
Loan Size: $50,000 to $2,000,000
Moderate Rehab Only (Rehab ≤ 50% of Purchase Price)
See our Guide on Fix and Flip Loans For Begginers
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Florida Fix and Flip Loan Intermediate
Designed for investors with 1-2 experiences and larger rehab goals.
Up to 90% LTC + 100% Rehab with 740+ credit
Up to 80% Purchase + 100% Rehab with 680+ credit
Up to 75% Purchase + 100% Rehab with 660+ credit
Max 75% Loan to After-Repair Value (LTARV)
Interest Rates from 10.5% to 11.5%
Origination Fee From 2.0%
Loan Size $50,000–$2,500,000
Heavy Rehab Allowed (Rehab ≤ 100% of Purchase)
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Florida Fix and Flip Loan Pro
Ideal for experienced investors with 3-5+ experiences pursuing heavier rehab projects.
Up to 90% LTC + 100% Rehab with 720+ credit
Up to 85% Purchase + 100% Rehab with 680+ credit
Up to 80% Purchase + 100% Rehab with 660+ credit
Max 75% Loan to After-Repair Value (LTARV)
Interest Rates from 10.5% to 11.5%
Origination Fee: From 1.5%
Loan Size from $50,000–$3,500,000
Expansion Projects and lopsided rehabs allowed
Check To See What Terms You Qualify for?
See Your TermsQuick & simple
FLORIDA Hard Money Loan process
We make funding your Florida real estate investment fast and simple, with closings in as little as 7-14 business days.
Apply or Get Pre-Approved Online
~ 2 minutes
Fill out a 2 Min Quick App about your Florida based project. We need some preliminary information so that we can accurately evaluate your deal.
Whether you're actively under contract or just looking to get pre-approved, we’ll review your application details and get back to you within the same business day.
Receive a Term Sheet
~ 2 hours
Once we have your completed application, we’ll send you a The Term Sheet via email that will provide a clear breakdown of the loan amount, rate, fees, non-lender costs, and estimated cash to close.
We’ll also follow-up with a call to walk you through the process.
Submit Docs
~ 1–7 days
Once you’ve accepted the loan terms, we’ll collect your remaining documents and begin formally underwriting the loan.
We’ll collect documents like an ID, purchase contract, rehab budget, and entity documents.
Appraisal
~ 2–7 days
Once you've submitted your documents, an appraisal will be ordered and completed In 2-7 days.
We have quick turn around appraisal option to make sure our Florida based deals can close quickly.
Closing
~ 1–3 days
Once we have the completed document package, we’ll schedule closing with your title company or attorney.
Funds are wired same-day after signing. You’ll get a copy of the final HUD and wire confirmation.
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Funded Florida Hard Money Loans
A Proven Track Record Funding Projects Like These
1668 Square Feet
Fix and Flip Loan
3 Bedrooms
2 Bathrooms
- Loan Amount: $490,000
- Rate: 10.99%
- LTC: 82.5%
- Term: 12 Months
$490,000
1536 Square Feet
Fix and Flip Loan
4 Bedrooms
3 Bathrooms
- Loan Amount: $345,000
- Rate: 10.95%
- LTC: 85.00%
- Term: 12 Months
$345,000
2350 Square Feet
Fix and Flip Loan
5 Bedrooms
3 Bathrooms
- Loan Amount: $396,000
- Rate: 11.25%
- LTC: 84.65%
- Term: 12 Months
$396,000
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What Investors Say
From real estate investors who closed Hard Money and DSCR Loanswith Ridge Street Capital across 36 states.
Best Cities To Invest In Real Estate
In Florida
Orlando
Orlando remains a tourism engine — 75.3 million visitors in 2024 — which supports steady short-term rental demand and seasonal occupancy patterns. Median home sales prices were about $404K (June 2025), roughly flat year-over-year, while time on market has lengthened compared with last year. Rents have softened in some submarkets in 2025, especially at higher price points, so underwriting should be conservative on rent projections. What this means for investors: Orlando is still strong for and tourist-adjacent flips, but expect more competition and longer holds in 2025 — favor deals with conservative ARVs and realistic rental comps.
Tampa
Tampa’s metro shows clearer signs of cooling: median sale price ≈ $437K (June 2025), down ~12.7% YoY, and inventory has meaningfully risen, giving buyers more leverage. Average rents are roughly $2,000–$2,200/month (mid-2025) depending on neighborhood. Local redevelopment (Water Street, USF medical projects) continues to add demand in downtown pockets, but broader price pressure means underwriting must be conservative.What this means for investors: Bigger inventory and longer marketing times are shifting leverage back to buyers. Higher-risk, high-ticket flips are harder; opportunistic investors can buy at lower entry points but must budget for longer holds and marketing costs.
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Miami
Miami’s market shows median sale price ≈ $627K (June 2025), down slightly YoY, and days on market have increased—especially outside the top-tier luxury segment. At the same time, luxury and waterfront product still command strong demand, while mid-market and condo segments face more supply and longer sale times. There are also elevated delisting rates and higher inventory in some neighborhoods, which indicates buyer caution and pockets of oversupply. What this means for investors: Miami remains attractive for high-end developers and well-located, premium renovations. For mid-market flips or smaller rentals, underwrite to lower comps and expect longer marketing windows.
Jacksonville
Jacksonville’s market is showing relative resilience compared with some other Florida metros. Median sale price was ≈ $301K (June 2025) with modest YoY declines, but the metro continues to see population and job growth (Jacksonville among the faster-growing U.S. cities in 2024), supporting long-term rental demand and BRRRR strategies. Days on market have ticked up, but acquisition costs are still comparatively affordable versus other Florida metros. What this means for investors: Jacksonville is generally better for scalable buy-rehab-rent plays and lower-ticket flips where acquisition margins are available. Demand for rentals remains steady, which helps refinance and hold options.
Frequently Asked Questions
How do Hard Money Loans work in Florida?
Hard money loans in Florida are short-term, asset-based loans used by real estate investors to purchase, rehab, or build investment properties. Approval is based on the property’s current value, after-repair value (ARV), and your investing track record, and credit score—not your personal income. Florida hard money lenders like Ridge Street Capital can close in as little as 7-10 days, making them ideal for competitive markets like Miami, Tampa, Orlando and Fort Lauderdale.
Are Fix and Flip Loans the same as Hard Money Loans?
Yes, fix and flip loans are a type of hard money loan. They’re specifically designed to help investors quickly secure funds for the purchase and rehab of distressed properties before reselling for profit. Check out our complete guide for fix and flip loans.
Can I finance 100% of my Fix & Flip with a Hard Money Loan?
In Florida, Ridge Street requires investors to bring 10–20% of the project cost as a down payment. However, experienced investors or investors with strong credit may qualify for up to 90% Loan-to-Cost (LTC) and 100% of rehab expenses, effectively covering the full renovation budget.
How Fast can I Close a Hard Money Loan?
In Florida, Ridge Street closes hard money loans can close in as little as 7–10 business days, depending on appraisal and document turnaround. This speed makes them ideal for investors competing with cash buyers in competitive markets like Miami, Jacksonville, Tampa, and Orlando.
Do Hard Money Loans Require a Good Credit Score?
While credit score matters, Ridge Street’s hard money loans focus more on the property’s value and your exit strategy. Borrowers who have credit scores as low as 660 are eligible for financing, with better terms available for scores of 740+.
Do you offer DSCR Loans in Florida?
Yes, we offer DSCR (Debt Service Coverage Ratio) loans in Florida. We have DSCR Loans For Long Term Rentals and DSCR Loans For Short Term Rentals like Airbnb and VRBO.
How do I Find Good Fix and Flip Deals in Florida?
Florida investors often find deals through wholesalers, foreclosures, REO (bank-owned) listings, MLS searches, and local real estate investment groups. Building relationships local real estate agents and wholesalers can give you early access to off-market opportunities. It is extremely important to be patient when looking for deals anf move quickly once you find the right investment.
Can I use a Hard Money Loan for a BRRRR Project in FL?
Yes, many Florida investors use our hard money loans to purchase and rehab a property, then refinance into a Florida DSCR loan to hold it as a rental. Use our BRRRR Calculator to run the analysis on your BRRRR Project.
Do I need an LLC to get a Hard Money Loan in Florida?
Yes, in Florida Ridge Street requires borrowers to purchase fix and flips through an LLC or Corporation. Setting up an LLC is actually quite straight forward process. We can recommend this guide for setting up an LLC in Florida: Starting An LLC in Florida
Where can I Learn More about Real Estate Investing in FL?
One of the best ways to get started is by attending local real estate investor (REI) meetups and networking events. Connecting with experienced investors can help you learn market trends, find partners, and source deals.Here are some great Florida REI resources:
Tampa: Tampa REIA – Monthly meetups and workshops for local investors.
Miami: Miami Dade REIA – Networking and education for South Florida investors.
Fort Lauderdale: Boca Real Estate Investment Club – Events, training, and mentoring.
Jacksonville: Jax REIA – Investor networking and educational programs.
Orlando: Orlando REAI – Central Florida’s largest investor network.
For a statewide and national resource, check out BiggerPockets, where you can connect with Florida investors, access tools, and read educational articles.
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