For Jacksonville Hard Money Loans, Trust ABL

Asset Based Lending is the most reliable private money lender in Jacksonville and the rest of Florida, offering hard money loans for fix and flips, new construction, and long-term rental portfolios. We specialize in closing deals quickly so that investors never miss an opportunity, approving loans in Jacksonville as fast as 24 hours and closing in 10 days or less. With over a decade of success and hundreds of verified five-star reviews, ABL is always ready to prove that we are the best hard money lender for real estate investments in Jacksonville, FL.

Our team are experts in the local real estate market for Duval County, understanding that a loan for a single-family in Jacksonville needs to be written differently than a multi-family condo in Tampa.

With our streamlined process and professional draw management, we make hard money loans in Jacksonville, FL simple and fast from initial funding through draw reimbursement and payoff. If you’re looking to be approved for Jacksonville hard money loans, contact us today.

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Jacksonville Fix And Flips Seeing Growth
Jacksonville Needs New Construction
Investors Choosing Jacksonville Rental Property

Jacksonville Fix And Flips Seeing Growth

With such a large number of new residents migrating to Florida from states like New York and California, cities such as Jacksonville are seeing surges in the real estate market that benefit fix and flip investors. As of January 2021, the average home sale price in the city is $228,900, marking an 11% increase from the previous year. Over 1,200 homes sold during the month, which is a nearly 11% jump from last year and highlights how hot the city’s real estate market is. On average, homes are remaining on the market for 37 days which is almost 32% less than the previous year.

Both new and savvy Jacksonville real estate investors that can find under-market or distressed properties that they can transform into beautiful move-in ready homes can take advantage of this hot seller’s market. Considering how quickly homes are selling, experienced fix and flip investors could chain together several profitable deals throughout the year and benefit from the current market. If you’re looking to be approved for a Jacksonville fix and flip loan, contact us today.

Jacksonville Needs New Construction

Due to the increased demand and record-low inventory shortage, Jacksonville needs residential new construction more than ever. Experienced builders and contractors are often selling homes in the area based solely off the blueprints and property location, highlighting the rabid market demand occurring throughout Florida. As of January 2021, homes in Jacksonville are selling on average for $136 per square foot, which is a 12% increase from the previous year. For those that can source their building materials directly to reduce overhead costs, Jacksonville new construction could prove to be a very lucrative investment.

It’s important for Jacksonville investors to research real estate market trends so they can maximize their ROI by leaning into what home buyers are looking for. Currently, three of the biggest real estate trends in Jacksonville are new kitchen, sprinkler system, and large walk-in closet. These three features are gaining more attention online than other listings, selling for higher average prices than homes without them, and selling for slightly above asking price. Being able to meet market demand by building around their needs is a unique opportunity that is not afforded to other real estate investors and can help explain why new construction is exploding in Florida. If you’re an experienced investor looking for a Jacksonville new construction loan, contact us today.

Investors Choosing Jacksonville Rental Property

With such a large population surge occurring in the city and state, rental property has once again become a hot commodity. Low housing inventory has led to many of these new residents seeking out rental options, meaning investors looking to expand their rental portfolio should take advantage of the high demand in Jacksonville, Florida.

Real estate investors looking to grow long-term wealth have been using the BRRRR method, which is an acronym that stands for buy, rehab, rent, refinance, and repeat. It is an investing method that follows the steps in order, where an investor purchases a rental property and renovates it to increase its market value and charge more for monthly rent. Once the space is rented and begins generating monthly income, the investor refinances and uses the newly acquired capital to repeat the process by purchasing another rental property. This BRRRR strategy is meant to create long-term wealth and focus on passive income generation, unlike fix and flips or new construction investments. For investors looking to expand their rental portfolio with Jacksonville rental loans, contact our hard money lenders today.

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Our Promise to You

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Fast Processing

Get preapproved within 24 hours and close in as few as 3 days. We understand you need to move fast, and by working with a direct lender like us who requires minimal paperwork, you can.

Zero Points Required

Get preapproved within 24 hours and close in as few as 3 days. We understand you need to move fast, and by working with a direct lender like us who requires minimal paperwork, you can.

Local Expert Support

Get preapproved within 24 hours and close in as few as 3 days. We understand you need to move fast, and by working with a direct lender like us who requires minimal paperwork, you can.

Proven Reliability

Get preapproved within 24 hours and close in as few as 3 days. We understand you need to move fast, and by working with a direct lender like us who requires minimal paperwork, you can.

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Real Reviews from Real Borrowers

 

Great experience! They always answered or returned my calls immediately and walked me through the entire process and made sure all my questions were answered. I had a couple of questions weeks after my loan closed and they still responded immediately and made sure i was taken care of. Great experience and I would highly recommend ABL.

Cindy G.

I am glad I got to know Asset Based Lending, they made funding for my construction site very simple. They have a great team of people, that would go out of their way to help. Boris has been great and very helpful, I highly recommend them for all your Construction financing needs.

Mike A.

I have had the pleasure of working with Boris Akbashev for my real estate financing needs on my last 10-15 projects, and I cannot speak highly enough of his professionalism and expertise. Boris demonstrated a deep understanding of the lending process and went above and beyond to ensure I secured the best possible terms.

John S.

Truly a pleasure having ABL on every deal! Thanks to their lending experise and timely support and guidance throughout the process to get the best loan for my deals. I can see my company growth from 1-2 flips to numerous flips, new construction, and DSCR loan to grow my portfolio.

Pedro E.

Asset Based Lending is the place to shop for all your construction needs. Their easy funding policy, makes life so much simpler for any builder to focus on building and not be worried about financing project. Boris was supper helpful to accommodate me with all me financing needs.

Ray P.