Hard Money Loans Orlando
Orlando Florida Real Estate Report Card
The Orlando Real Estate Report Card shows your potential customer or Realtor the health of their local market with the Real Estate Report Card. The badges at the top of the report show you where the market’s different metrics rank vs the rest of the country. This will allow you to sell the strengths of that market.
Our new Real Estate Report Card includes even more accurate forecasts and data for more than triple the amount of markets. Included is the Affordability Index, Median Home Price, Historical Appreciation, Forecasted Appreciation, Total Employment, Median Household Income, and the Unemployment Rate. These metrics will allow you to demonstrate and quantify the opportunity in home ownership.
Loan Trust is the premiere hard money lender in Orlando Florida for real estate investments. We have many loan programs that are designed to meet the needs of real estate investors in any economy.
What’s hard money loan?
Loan Trust hard money loan is a loan given to a borrower which is based on the worth of the underlying asset that is collateralized. Traditional banks and lenders focus mainly on income and the credit of the borrower where asset based lenders aka hard money lenders focus mainly on the worth of the asset used as collateral for the loan. Where conventional loans are usually for 15–20 year durations, hard money loans are used as a short term alternative (1–5 years commonly) as a bridge to acquire a rehab, or stabilize a commercial, retail, office, industrial, multi–family, or single family residential dwelling.
- In 2009, Orlando ranked as the 4th most popular U.S. city based on where people want to live.
- Orlando’s Wet ‘n Wild water park is the first ever and it is one of few that remains open year-round.
- Two Manhattans or all of San Francisco could fit in Orlando’s Walt Disney World Resort.
- If you ate breakfast, lunch, and dinner at a different restaurant in the city every day, it would take five years to dine at every restaurant.
- Orlando has the second largest number of hotel rooms in the United States behind Las Vegas.
Orlando is best known around the world for its many popular attractions.
Walt Disney World is located just outside of Orlando, and it’s the most visited vacation resort in the world with more than 52 million visitors every year. The property covers 66 square miles with four theme parks, 24 themed resort hotels, two water parks, and four golf courses.
Universal Orlando Resort is the largest property operated by Universal Parks & Resorts and the largest resort in Orlando with two theme parks: Universal Studios Florida and Islands of Adventure. Universal Orlando Resort, as of 1998, now includes Wet ‘n Wild Water Park, the first water park in America.
SeaWorld features marine animals like sea lions, orcas and dolphins with displays and shows. SeaWorld had the first birth of a killer whale in captivity and the first hatching of captive green sea turtles.
Several Native American tribes sparsely populated the Orlando area before European settlers arrived in 1536. The name Orlando is believed to come from a soldier named Orlando Reeves who died in 1835, supposedly after a Native American attack in the area during the Second Seminole War, although there are many legends about the city’s name and there are no military records of Orlando Reeves.
The Second Seminole War from 1835 to 1842 arose over disagreements between natives and early American settlers on issues including slaves and cattle. The natives eventually moved away, and pioneers built a town around Fort Gatlin, which was constructed south of present-day Orlando city limits in 1838 to protect settlers from Indian attacks. A small village was built around the fort by 1840 and named Jernigan after cattleman Aaron Jernigan, the first permanent settler.
Orlando remained a rural area through the American Civil War but the Reconstruction Era brought a population boom, and the city was incorporated in 1875. 1875 to 1895 was Orlando’s Gilded Era as it became the hub for the state’s massive citrus industry, but a massive freeze shifted operations further south. Between the Spanish-American War and World War I, Orlando became a popular resort town.
Orlando was put on the map when Walt Disney announced plans to construct Walt Disney World in 1965. He chose Orlando over Tampa or Miami to avoid the risk of hurricanes and the world-famous resort opened in 1971, exploding the economic growth and population of Orlando and making it one of the most visited cities in the country. Tourism remains a centerpiece of the region’s economy.
According to the most recent ACS, the racial composition of Orlandowas:
- White: 61.31%
- Black or African American: 24.55%
- Other race: 6.19%
- Asian: 4.25%
- Two or more races: 3.48%
- Native American: 0.21%
- Native Hawaiian or Pacific Islander: 0.02%