Georgia Private Money Lenders for Real Estate Investors
Here is a list of private money lenders for real estate in GA - Atlanta, Savannah, Augusta, Macon, Athens, Decatur, Marietta and other areas. Use a private mortgage to get fast funding for a Georgia investment property purchase, refinance or equity cash out. Our directory lists private money companies (not individual investors) offering short-term loans that typically range from 6 to 36 months.
Navigator Private Capital was pleased to provide a private money loan to fund a beautiful multi-family rehab project in Savannah, Georgia. The borrower needed funding to renovate the existing six individual units with the intent to turn the property into a short-term vacation or student housing rental. Located a block from Savannah's meeting grounds at Forsyth Park, close to the Savannah College of Art and Design, the property is in a prime rental location. The LTV for the project was 58% with an after-repair value of $1.1M. The borrower used their $155K repair budget to replace the flooring throughout, update each kitchen with new cabinets, countertops and appliances and refresh the paint and trim. The loan was closed in November 2019, and the rehab took four months to complete.