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Direct Lender for Real Estate in Florida, Georgia and Texas
Birchwood offers hard money loans for real estate Purchases, Cash-out Refinance and Rate-Term Refinances.
- LTV up to 60% of as-is value
- 5-Year loan term
- No credit checks
- No appraisals
- No brokers included
- OK with seller financing in 2nd position
Please note: we do NOT offer loans for land, ground-up construction or owner-occupied homes.
Property Geographic Area Details
Florida (except Miami-Dade County), Georgia, Texas
Loan Amounts
$25,000 to $400,000
Interest Rates
10% to 13%
Max Loan-To-Value
60.00%
Max Loan-To-Cost
60.00%
Origination Fees
2% to 5%
Loan Terms
6 months to 60 months
Lien Position
- 1st
Loan Purpose
- Investment Acquisition
- Investment Refinance
- Improve Subject Property
- Use Equity to Invest in Another Property
- Invest in a Business
- Business Working Capital
- Value Add Project
- Development Project
Property Occupancy
- Vacant
- Tenant Occupied 100%
- Owner Occupied Commercial
- Owner Occupied Residential
Property Types and Loan Types
Collateral Types
- Residential Property
- Commercial Property
Property Types
- 2-4 Units Residential
- Adult Day Care
- Assisted Living Facility
- Commercial Condominium
- Community Center
- Event Center
- Portfolio of Commercial Properties
- Portfolio of Residential Properties
- RV Park
- Single Family Residence
- Storage Facility
- Student Housing
Loan Types
- Private Money
- Hard Money
- Commercial Bridge
- Residential Bridge
Purchase Loan
Max Loan-To-Purchase Price
60.00%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Subject Property
- Equity in Another Investment Property
- Equity in Primary Residence
- Seller Financing
Details and Requirements
Fastest Closing Time (Days)
2Works With
- Borrowers
Payment Structure
- Interest Only
Pre Payment Penalty
no
Will lend to a foreign national
no
Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage
yesWill Consider Collateralizing Multiple Properties in One Loan
yesWill Consider Equity Joint Venture
no
Borrower Entity Types Considered
- Individual(s)
- LLC
- Limited Partnership
- Corporation
- Self-Directed IRA
Documentation Required
- Loan Application
Personal Guaranty (Recourse) Required
AlwaysCredit Check Required
noAppraisal Required for Residential Property
NeverAppraisal Required for Commercial Property
NeverBroker Price Opinion (BPO) Accepted for Residential Property
NeverBroker Price Opinion (BPO) Accepted for Commercial Property
NeverFees
Fees which are mandatory for all new borrower clients
- Title Fee
Birchwood is a direct hard money lender based in Tampa. The firm was established in 1998 to provide financing to real estate investors in Florida. We have since expanded our lending to Georgia and Texas. We only lend our own money and do not sure broker. We have no broker fees and can close as soon as we clear title.
- Over 30 years of local lending, appraising and investor experience
- Deal directly with us – no broker and no broker fees
- Get funded quickly – we are ready when the title company is ready
- We loan up to 60% of the property value
- Your seller will take back a second mortgage? We’re OK with that.
Our goal is to create long term relationships with our clients. Our track record speaks for itself: many satisfied and successful clients. We also provide free consulting services to our customers. When it comes to hard money lending, Birchwood is the easiest and cheapest to work with.
Company Size (Number of Employees)
5
Year Established
1998
Office Locations
800 E Baker Street, Tampa, Florida 33603-5002Primary Capital Source
- Own Funds
Alternative Capital Sources
- Own Funds
Loan Structure for Majority of Loans
- Own Balance Sheet
Percentage of company’s lending business focused on private mortgage
90%
Percentage of Loans Secured by Commercial Property
19%
Percentage of Loans Secured by Residential Property
70%
Percentage of Residential Property Loans Which are Owner-Occupied
8%
Percentage of Residential Property Loans Which are Long-Term Rental (5+ years)
100%
Total Number of Loans Funded to Date
300
Total Loan Volume Funded to Date
$50,000,000

Robert Goldstein
Manager
Robert has been living in Florida and managing the company’s loans in the state of Florida since 1977. He has personally owned and managed residential and commercial property and is well known throughout the Tampa Bay Real Estate scene. Robert’s expertise in real estate and lending makes him an ideal person to turn to for your capital needs. Robert has been a direct hard money lender in Tampa for many years and is known thru out the real estate community.