Realty Lending USA

PRIVATE MONEY LENDER

OVER THREE DECADES OF PRIVATE LENDING EXCELLENCE

Are you struggling to secure a loan through traditional means? Look no further! At South Wind Financial, we specialize in private money loans, commonly referred to as hard money loans, tailored to meet your unique lending needs. Unlike conventional banks, our flexible guidelines overlook FICO scores and credit history, ensuring that your financial goals are within reach.

Don’t let challenges hold you back from your deal flow. Contact us today and let South Wind Financial be the private money lender that turns your deals into reality! 

WE LEND IN LAS VEGAS NEVADA

Investing in Las Vegas real estate offers a mix of opportunities, particularly in the long-term and short-term, due to its vibrant tourism, growing population, and diversifying economy.

The Las Vegas market, featuring areas like the Strip, suburban neighborhoods, and revitalizing downtown, is lucrative but also competitive and subject to volatility. Success in this dynamic environment requires careful market research, awareness of regulatory nuances, and guidance from local experts. See More…

Las Vegas City Nevada Private Money

WE ALSO LEND IN SEVERAL OTHER STATES

Our investments extend beyond Las Vegas to include, Arizona, Idaho, Tennessee, Florida, Connecticut, Rhode Island, New Hampshire and the entire state of Nevada. Our team is not only licensed but also boasts expertise across all these states.

We believe in creating scenarios where everyone benefits – the investor, the deal maker, and the community at large. Our ethos is centered on crafting WIN/WIN solutions that we take great pride in. See More…

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PRIVATE MONEY LENDER VS HARD MONEY LENDER

John Rasmussen & Angel Farjardo Private Money Lenders Las Vegas Nevada

John Rasmussen and Angel Fajardo

Private money lenders and hard money lenders are both alternative financing sources outside of traditional banking systems, primarily used in real estate transactions. Private money lenders are usually individuals or groups lending their personal funds, often based on personal relationships, which can lead to more flexible loan terms and potentially lower interest rates.

They may also be more versatile in the purpose of the loan, not limited to real estate. In contrast, hard money lenders are professional entities that lend money for real estate projects, focusing on the property’s value rather than the borrower’s creditworthiness. This professional approach means hard money loans tend to come with higher interest rates and fees, reflecting the higher risk and the demand for quick returns.  Hard Money Lenders are known for quick forclosures. 

Although both types of lenders secure loans against real estate, hard money lenders typically have a more formal approval process, yet can provide quicker access to funds compared to traditional banks. 

While private lenders offer a more personal and potentially negotiable lending experience. South Wind Financial, Inc. Prefer the term Private Money Lender. 

John & Angel are real people in the Community wanting Win/Win solutions for our Investors and Borrowers.  The best deals are when everyone WINS! Investor, Deal Maker and the Community. 

We may use the term Hard Money Lender for optimization reasons

WE ARE KNOWN FOR

QUICK LOAN CLOSING

NO UPFRONT FEES

FUNDING 5-7 DAYS

FOREIGN NATIONALS

NO FICO NEEDED

LEND ON ASSET

FAST UNDERWRITING

NUMBERS FOCUSED

PEACE OF MIND

LOAN TYPE AVAILABLE COMMERCIAL & RESIDENTIAL

TOWNHOUSE FLIP - LAS VEGAS GATED COMMMUNITY

In November 2023, an investor capitalized on South Wind Financial, INC.’s expertise in flexible financing to purchase a townhome for $235,000, well below market value, aiming for a profitable flip. With a $245,000 loan from South Wind Financial, which emphasizes investment profitability over borrower creditworthiness, the project was uniquely positioned to succeed. The loan included terms like interest-only payments, enhancing the financial feasibility of this venture in a market characterized by lower purchase costs and strict community regulations.

Focusing renovations on high-return areas such as the kitchen and bathrooms, the project aimed to maximize the townhome’s market appeal and align with current design trends. By April 2024, the property was sold for $350,000, covering all associated costs and yielding a significant profit. This outcome underscores the effectiveness of South Wind Financial’s rapid and adaptable financial solutions in facilitating successful real estate flips, particularly in competitive and time-sensitive markets. See More Pictures… Before and After, Read More Click Here…

WE LIKE IT! WHEN WE SEE THE COMMUNITY APPRECIATE OUR WORK

Needles Marina, California

Address: Needles Marina, CA
Value: $12,000,000.00

Purpose: Inital loan to buy-out partner and then provided a subordinated loan, behind our original first mortgage, used for the following: upgrade electric & sewer,  add fire protection system, build out storage center, and remove existing pool in order to construct a new resort style pool & spa.

Influencer Vegas Pauly C Loves Needles Marina

In this video which is about Needles Marina, California 33-acre property with a half-mile beach on the Colorado River, listed for sale for $10.5 million. The video is filmed by Vegas Pauly C, a Influencer who finds real estate fascinating.

The property is located near Needles, California and borders the Colorado River. The river is low because it is winter, but in the summer, the water level rises and covers more of the property. The undeveloped property has amazing views of the desert sky and Arizona on the other side of the river.

The Vegas Pauly C thinks this property is a great buy and expects someone from California to buy it. He says he will do another video of the property in the morning.

See More Case Studies Here… 

PROCESS

Submit Application form with all supporting documentation Click Here.  

Completed documents go through underwriting, this can be completed in 24 Hours. 

The Loan is approved or denied. Terms have been agreed upon and the loan documents are signed

Documents go into Escrow, and the loan is closed.

 

EVENTS & PAST EVENTS

Past Event - Hard Money/Private Money Lending, DEMYSTIFIED. Use Hard Money/Private Money & Close more Real Estate Deals.

“Private Money” and “Hard Money” are both terms used in the context of non-traditional financing, particularly in real estate investment, but they differ primarily in their sources and terms.

Private Money

Private money loans come from individual investors or private entities not affiliated with a financial institution. These loans are often more flexible in terms of loan terms and approval criteria. Private lenders are typically individuals the borrower may know personally, such as family members, friends, or business associates. This kind of financing is often used because it can be quicker and less bureaucratic than securing a loan from a bank. The terms of private money loans, including interest rates and loan durations, are highly negotiable and depend on the relationship between the borrower and the lender.

Hard Money

Hard money loans are also non-bank loans, but they come from professional lenders who lend money based on the asset being purchased, rather than the borrower’s creditworthiness. These lenders are typically organized as business entities and specialize in these kinds of loans. Hard money loans are common in real estate transactions, particularly for property flipping or when a quick purchase is necessary that traditional lenders cannot accommodate on time. These loans usually have higher interest rates than both traditional and private money loans and often feature shorter repayment periods. Hard money lenders focus primarily on the value of the collateral securing the loan rather than the borrower’s ability to repay.

In summary, while both private and hard money loans offer alternatives to traditional financing, they serve different purposes and come with different expectations and terms. Private money is more personal and potentially more flexible, whereas hard money is more professional, structured, and typically more expensive.

Slide Deck from the Presentation March 27th, 2024

PRIVATE MONEY VS HARD MONEY by ANGEL FAJARDO, PRIVATE MONEY MANAGER

SOUTH WIND FINANCIAL WITH JOHN RASMUSSEN - WE ARE A BOUTIQUE, DISCUSSING SLOW PAY VS NO PAY, NOT FICO COMPANY, AND MORE

FREQUENTLY ASKED QUESTION

What is an Accredited Investor?

An accredited investor, as defined by regulatory authorities, is an individual or entity recognized for their financial acumen and robust economic foundation. …See More

Investing in Real Estate

Investing in real estate involves the purchase, ownership, management, rental, and/or sale of real estate for profit. Real estate is a distinctive asset class that’s often considered a good investment option due to its potential for generating income. …See More

What is the Process to Obtaining a Loan

Have a secured property ready to Finance and fill out the application form. …See More

Where do you Lend?

We lend primarily in Real Estate, in the Las Vegas Metropolitan area but are open to the right opportunities elsewhere. 

Investing in Las Vegas real estate can be attractive for several reasons:
 …See More

Case Studies

Explore the intricate world of hard money lending through detailed case studies. Understand how these loans operate, their benefits, risks, and impact on real estate projects. …See More

Real Estate Investing Education & News

Education New to Investing we will give you some starting points. …See More

News Real Estate is a moving target ongoing News about Real Estate and Las Vegas. …See More

TESTIMONIALS

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