Private lending for real estate in Tampa Bay
Learn how private lending works and connect with Discount Homes Tampa. Start with a conversation about your questions, experience and lending criteria.
What is private real estate lending?
A private lender provides funds to a borrower for a real estate project. The loan documents explain repayment, timing and other terms. Lending is different from buying the property or owning part of the project.
What should you review?
Look at the borrower’s experience, the property, the project budget and the repayment plan. If collateral is proposed, review its value, title and lien position. Collateral does not eliminate the risk of loss.
Understand the documents
A promissory note sets out the repayment obligation. A mortgage or other security document may be used when a loan is secured by real estate. Have your legal and financial advisers review the documents, recording requirements and rights before you commit.
Questions to ask before lending
- How will the funds be used?
- What is the repayment plan and maturity date?
- What collateral, if any, supports the loan?
- What happens if the project is delayed or the borrower cannot repay?
- Who handles closing, documents and disbursement?
Start a private-lending conversation
Use the form below to request more information. We’ll follow up to learn about your lending criteria and answer your questions. To contact us directly, call 813-434-0758 or email [email protected].
Educational information only. This page is not an offer to sell securities or a solicitation to invest in a specific project. Lending involves risk, including loss of principal. Terms and eligibility depend on the transaction and applicable requirements. Read our disclosures.