FOR IMMEDIATE RELEASE: Benworth Capital Partners PR, LLC announces the successful refinance of a property located at 1351 Airport Road, Jacksonville, FL 32218. The property, a hotel situated on a seven acre well manicured property that is located 2.5mi from Jacksonville International Airport, refinanced for a total of $5,650,000.00. “We are proud to have helped the owners of this property secure favorable financing terms,” said Henry Jimenez of Benworth Capital. “This transaction demonstrates our commitment to providing our clients with the best possible financial solutions for their re ..read more

Homeownership comes with its own set of financial opportunities, and one strategy that homeowners often consider is cash-out refinancing. If you’re a homeowner looking to access the equity in your property, Benworth might be the key to realizing your financial goals. Understanding Cash-Out Refinancing Cash-out refinancing is a financial maneuver that allows homeowners to convert a portion of their home equity into cash. Home equity is the difference between the current market value of your home and the outstanding balance on your mortgage. Through cash-out refinancing, you can refinance your e ..read more

We recognize that understanding your financial health is crucial when seeking real estate financing. One essential metric that plays a pivotal role in this landscape is the Debt-to-Income Ratio (DTI). Improving your DTI can bolster your chances of securing the financing you need. What is Debt-to-Income Ratio (DTI)? DTI is a financial metric that measures the proportion of your monthly gross income that goes toward paying debts. It’s calculated by dividing your total monthly debt payments by your gross monthly income and is expressed as a percentage. This ratio serves as a yardstick for lenders ..read more

Florida’s real estate market has been sizzling hot despite other markets feeling the strain, attracting investors and homebuyers from all corners of the country. Whether you’re interested in purchasing a residential property for yourself or an investment property for rental income or future resale, the state offers a wide range of opportunities. With banks tightening their qualifications and reducing the amount they loan, you may need to turn to alternative financing to take advantage of the Florida market. So where do you turn? Hard Money Loans Hard money loans are short-term, asset-based loa ..read more

In the realm of real estate, credit scores hold immense power. They can dictate whether you can secure financing for your dream property or whether you’re relegated to the sidelines of homeownership. But what if your credit score isn’t quite up to par? Does that mean your real estate ambitions are dead in the water? Not necessarily. Enter hard money loans, a powerful tool for individuals with less-than-ideal credit histories. Understanding the Credit Conundrum First, let’s dissect the credit dilemma. Traditional lenders, such as banks and mortgage companies, typically scrutinize your credit hi ..read more

In the competitive world of real estate, it’s essential to gain an edge over your competition when it comes to purchasing properties. If multiple buyers are looking at the same property, sometimes, a higher offer simply isn’t enough to get the job done. Speed, efficiency, and cash offers can all come into play. So how do you ensure you have a leg up against the competition? That’s where a hard money loan comes into play. One of the primary advantages of a hard money loan is the speed at which you can obtain funding and close on a property. Unlike traditional lenders that have lengthy approval ..read more

Securing financing for real estate investments is a crucial step for many individuals and businesses. However, traditional avenues of funding may not always be accessible to everyone. If you find yourself denied traditional real estate funding, don’t despair, there are more options available to you. Understanding the Challenges of Traditional Real Estate Funding Traditional real estate financing typically involves extensive paperwork, strict credit requirements, lengthy approval processes, and collateral evaluation. Many individuals may face obstacles such as low credit scores, lack of s ..read more

Investing in real estate can be a great way to build wealth and generate passive income. However, getting started in real estate investing can be challenging, especially if you have poor credit or can’t qualify for traditional bank loans. This is where hard money loans come in. Hard money loans are short-term loans that are secured by real estate. They are typically issued by private lenders or investors, rather than banks or credit unions. Unlike traditional bank loans, hard money loans are based on the value of the property rather than the borrower’s credit score or income. This means that e ..read more

If you’re looking to purchase your first home, invest in real estate, or refinance your current property, you may have heard of hard money loans. These loans are provided by private lenders like Benworth and are typically used for short-term financing needs. So what are the benefits to hard money loans over traditional bank financing, and what do you need to be aware of? Keep reading to find out… Quick Funding When You Need It One of the primary benefits of hard money loans is that they offer quick funding when you need it. Traditional bank loans can take weeks or even months to be approved an ..read more

You may have heard of hard money loans if you’re in the market for a home loan or a commercial real estate (CRE) loan. But do you know hard money loans are much faster and easier to qualify for than traditional financing? At Benworth Capital, we understand that getting a loan can be a complex and stressful process. Therefore, we strive to make the loan application process as smooth and efficient as possible so you can quickly get the funding you need.  What Is a Hard Money Loan? A hard money loan is a short-term loan secured by real estate and backed by the property’s value. Hard money l ..read more