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Hard money and fix and flip loans in Miami Gardens, Florida
Loans for single-family houses to renovate or rent at entry-level prices in Miami Gardens.
The Miami Gardens market for investors
Miami Gardens, home of Hard Rock Stadium, is one of the largest cities in Miami-Dade County. Most of its housing is single-family concrete block homes built from the 1950s to the 1970s on generous lots.
Investors renovate dated houses for first-time buyers and hold them as long-term rentals. Prices are lower than in much of the county, which helps a rental clear its payment.
Areas investors ask about
- Carol City: 1960s houses to renovate and rent
- Norland and Andover: established single-family streets
- Bunche Park and Opa-locka’s edges: lower entry prices
Plan for these on a Miami Gardens deal
- Investment property gets no homestead exemption, and combined property tax rates are often close to 2% of taxable value. The 10% yearly cap on non-homestead value resets when the property sells, and Amendment 3, approved in November 2026, lowers that cap to 5% from 2027. Budget with full market value.
- In Miami-Dade, documentary stamp tax on a deed is $0.60 per $100 on a single-family home and $1.05 per $100 on other property, usually paid by the seller. A new mortgage adds note stamps of $0.35 per $100 and intangible tax of 0.2% of the loan.
- The county is in the High-Velocity Hurricane Zone, so new roofs, windows and doors need approvals rated for it. Price impact windows and the roof early.
- Unpermitted additions, enclosed garages and converted efficiencies are common in older South Florida houses. Pull the permit history before you buy, since the city can require them to be legalized or removed.
- Windstorm and flood insurance drive the payment. Expect insurers to ask for a four-point inspection on an older house, and order a wind mitigation report to earn credits.
Loans available in Miami Gardens
| Program | Use it for | Top leverage |
|---|---|---|
| DSCR rental loans | Purchase or refinance of single-family rentals, duplexes, townhomes and small multifamily | 85% loan-to-value to buy, 80% on a cash-out refinance |
| Ground-up construction loans | Building a home, a duplex, a townhome or a small apartment building, lot included | 90% of cost for experienced builders, up to 70 to 75% of the finished value |
| Fix and flip loans | Purchase plus renovation of a property you intend to sell | 90% of the purchase price and 100% of the rehab, up to 70 to 75% of after-repair value |
| Portfolio and commercial loans | A group of rentals under one note, or multifamily and commercial property | 80% on a portfolio purchase; commercial priced per deal |
Miami Gardens hard money loans: common questions
Yes, at up to 90% of the purchase price and 100% of the rehab for borrowers with a 720+ credit score.
Yes. A DSCR loan is approved on whether the rent covers the payment, including taxes and insurance.
Fix and flip loans average up to 21 days and can close in about 7 days when title and insurance are ready. Rental and DSCR loans take about 30 days, appraisal included. Closings are handled by a Florida title agent or real estate attorney.
Looking at a property in Miami Gardens?
Send the address, the price and what you plan to do with the property. We will reply with the leverage and pricing that fit your deal.