FLORIDA HARD MONEY LENDING AREAS OF FOCUS: Southern Florida
Florida is the 3rd most populous state, and the 8th most densely populated in the United States. Jacksonville and the metropolitan Miami area are the most populous cities within Florida. There is an estimated population of almost 21 million. It also contains the highest percentage of people over the age of 65 years old, as it is one of the most popular retirement destinations in the United States. Florida has a very diverse and extensive economy. Having many different industries such as; tourism, construction, biomedical, healthcare research, aerospace/defense, and commercial space travel has contributed to the state’s economic development and for employment opportunities across the state. As of 2017, about 1 in 1,559 housing units have been foreclosed, which contributes to greater flipping opportunities.
Alpha Funding Solutions has been lending to real estate investors in the Southern Florida region for over 10 years. Our team is well versed and experienced in the Florida real estate market and is ready to help put together a custom tailored lending solution for your next project.