Help Finding Hard Money Loan for Subject To Deals In FLORIDA

[Josue Hernandez]

Hi there, everyone! 

A little about myself. I’m still pretty new to real estate investing and am looking to network with other like-minded people in the Miami or general south Florida area (I also travel to the Tampa Bay as well as Central Florida and Northern areas somewhat regularly). I’ve been in the food industry most of my life but have always loved real estate. Especially hunting out good and unique deals. I’ve always been drawn by the kind of potential certain overlooked properties can have. Sadly, until recently, I never really went beyond just driving around and dreaming and never really put things into action. I’m trying to change that now. 

I just recently started a pretty successful Airbnb in Miami (Bombadil’s Inn), in the midst of the so called Airbnb Bust, and also just got an amazing deal on a house on the coast of Spain that I’m currently preparing for a vacation rental (I also have plans to restore its attached bar into a bar/restaurant at some point in the future). 

At the moment I’m looking at some very good potential Subject To deals in a couple different areas of Florida but am in need of some hard money in order to structure a worthy offer.

I was wondering if anyone could maybe help point me in the right direction. I also just really want to get my foot in the door of the community and learn from other experienced investors, wholesalers, creative financing experts, etc.

A.M.D.G.

Joshua Hernandez

[Ash Hegde]

Hey Joshua, you are looking for hard money to pay the sellers for their equity when taking over their property subject to the original mortgage? This is a tough ask, as the hard money lender would have to take second position which most will not want to do.