Bixby Hard Money Lender

Bixby Hard Money Lender

In the Bixby real estate market, grabbing properties before your competition is essential for making the best deals. Although real estate investors sometimes go the traditional route and seek bank loans, the process is anything but speedy.

When time is of the essence, waiting for the lengthy process of getting approval is not an option for most investors. Bixby hard money lenders specialize in providing hard money loans which provide quick funds to investors. These loans are for a non owner occupied property or in some cases for business purpose loans.

Bixby Hard Money Lender FAQ’S

Below are some of the most frequently asked questions we get regarding hard money loans and lenders in Bixby.

What Do Bixby Hard Money Lenders Specialize in?

Bixby hard money lenders specialize in providing short-term, creative financing for real estate investors. If you seek a conventional lender to purchase an investment property, your loan request will be based on the property’s value and your assets. Your credit score, job, and finances will be scrutinized intensely.  Hard money lenders base their final loan decisions on the after-repair value. The ARV represents the potential value of a property after all repairs have been accomplished.

What are the Benefits of Bixby Hard Money Loans?

Bixby hard money loans offer advantages that traditional banks cannot. Lenders like Acamnet Financial offer a higher level of flexibility than banks.  When qualifying for this type of loan, lenders do not delve too deeply into the finances of real estate investors. In most cases, simply present the property and your plans, which saves you the hassle of gathering countless financial documents.

Do Bixby Hard Money Lenders Look at my Credit Score?

One of the greatest benefits of working with Bixby hard money lenders is the lack of credit score requirements. One of the first things a bank does is check your credit score.  You can get approved for a hard money loan in Bixby even if you have bad credit or poor credit, bankruptcies, and foreclosures in the past. Bixby Hard money lenders primarily care about the property you are purchasing.

What is the Interest Rate & Points for Hard Money Loans in Bixby?

Interest rates for hard money loans in Bixby are typically higher than traditional bank loans (conventional loans) because of the greater risk lenders must take on when approving loans. When searching for a hard money lender near me in Bixby, you will find average interest rate is between 8%-15%.  You should also be aware that lenders sometimes charge points that are meant to offset their administrative costs. Each point represents 1% of the total loan amount.  The average points lenders charge is between 1 to 3. Some lenders may charge up to 10 points. These points are due upfront or at closing, depending on the lender.

What Should I Look for in a Bixby Hard Money Lender?

There are many benefits to working with a Bixby hard money lender.  You just need to make sure you are working with the right lender.  You can rely on Acamnet Financial Group when you need us most.  We offer reliability, consistency, experience, and support.  As a real estate investor, you know the importance of grabbing the best property deals when they become available.

How can Hard Money Lenders in Bixby Help Me?

Whether you are new to real estate and real estate projects or an old pro, you know having the capital to purchase real estate is essential. Without funds, you will miss out on real estate transactions.  When you partner with hard money lenders in Bixby, you will quickly get the money you need without jumping through the hoops of traditional bank lenders.

How do I get a Hard Money Loan in Bixby?

When you want a hard money loan in Bixby, begin by preparing the property information. Location, size, purchase price, after repair value, repair costs, etc.  In most cases, the financing will be based on these numbers.  Then, apply for a hard money loan in Bixby using this information and supply some financial information.  Then, an appraisal will be ordered to assess the loan-to-value ratio, which will influence the loan amount.

How do I Refinance a Bixby Hard Money Loan?

Refinance a Bixby hard money loan will involve moving from a high interest, short term loan to a longer term, usually lower interest rate loan. Typically a conventional type of loan.  When refinancing a Bixby hard money loan you will find it will have a more stringent set of guidelines.  You will need to have sufficient credit and income qualifications.  As the lending landscaping and regulations constantly change, you want to consult a knowledgeable conventional loan expert.

Here’s other cites we can help with in Oklahoma: Oklahoma hard money lender

Current Real Estate Trends In Bixby (2024)

The real estate market in Bixby, OK is exhibiting mixed trends. An objective assessment of associated statistical data concerning the housing market in Bixby was conducted.

The median listing home price is $439.4K, with a median listing home price per square foot of $174.

The median sold home price is $404.5K, meaning homes in Bixby are selling for near the asking price on average.

The market is in a state of balance, with the availability of homes surpassing the demand.

The average days on market for homes in Bixby is 56 days, showing a slight uptick since last month but a drop compared to last year.

The average home value in Bixby is $306,679, with a one-year value change of +1.1%.

The market forecast suggests a possible one-year rise of +1.87% in home prices.

However, a pessimistic outlook for the Bixby property market in the upcoming months implies exploring real estate investment alternatives in other cities.

Real Estate Overview

The real estate market in Bixby, OK is on a downward trajectory, with median listing home prices dropping by 1.3% over the last year and average days on market increasing since last month and slightly since last year. This shows there are more homes for sale than there is demand for them.

Houses in Bixby are typically selling at their asking price in October 2023, signaling a balanced market between buyers and sellers. These stats give us an insight into Bixby’s housing market, which can be valuable for those looking to buy or sell.

Let’s take a closer look at the housing market in Bixby.

Housing Market Statistics

Data available reveals that the housing market in Bixby, Oklahoma has experienced a small decline in median listing home prices in the last year. October 2023 saw a median listing home price of $439.4K, which is a dip of 1.3% as compared to the year before.

Additionally, the median listing home price per square foot was $174, illustrating a steady market. The median sold home price in Bixby was $404.5K, implying that homes are being sold close to their asking prices.

On average, it takes 56 days for homes in Bixby to be sold, which is slightly longer than the month before, but shorter than the previous year.

This data can be a great help for those assessing the investment potential of Bixby, Oklahoma.

Investment Potential

Investors may find Bixby, Oklahoma an appealing spot for property investment, due to the stable market conditions and the expected long-term rise in median home prices.

Data indicates the median home price in Bixby is currently $227,488 USD with a 1-year value change of +1.1%. The average home value is $306,679, and the median listing home price is $439.4K.

Over the past 12 months, the housing market in Bixby has seen a steady appreciation in prices, with a forecasted increase of 15.276% in the next decade. Furthermore, the average days on market for homes in Bixby is 56 days, suggesting a relatively fast turnover.

These factors make Bixby a beneficial option for investors who may look to reap a positive return on their investment over the long term.


All About Bixby

Welcome to Bixby, a vibrant city in Oklahoma where you can find a variety of attractions and activities to suit your interests. Whether you’re a local or a tourist, there’s plenty to keep you entertained.

Visit Red Beards Treasure Chest to browse for unique items, or head to the Bixby Public Schools Football Stadium to cheer on a game.

Step back in time at Downtown Bixby Church of Christ, or experience the lively nightlife at Jujax Pub with its craft beers and music.

Enjoy the natural beauty of Bixby’s parks like Elsies Walking Trail and Lake Bixhoma Park. Get active at the Daily Family YMCA of Bixby, where you can swim, take cardio classes, or play sports.

Sip on delicious coffee and explore the diverse restaurants and pubs that make up Bixby’s food and bar scene.

With so much to offer, Bixby is a dynamic and exciting destination.

Unique Vintage Shopping

If you’re looking to add a touch of nostalgia to your shopping experience, Red Beards Treasure Chest antique store in Bixby is the perfect place. This shop is renowned for its handpicked collection of postcards and jewelry, offering a variety of unique vintage items.

The selection of postcards includes picturesque landscapes from all over the world, while the jewelry pieces are carefully chosen to provide authenticity and distinction. The staff at Red Beards Treasure Chest are passionate about antiques and will be happy to help you find the perfect item.

Visiting Red Beards Treasure Chest is a truly special experience. Not only will you be able to find the rare vintage piece you’ve been looking for, but you’ll also be able to enjoy the store’s wonderful atmosphere and beautifully designed displays. Whether you’re a seasoned antique collector or just beginning to explore the world of vintage shopping, Red Beards Treasure Chest is the place to go.

After your shopping spree, why not head over to Bixby Public Schools Football Stadium for a thrilling football game? With a great atmosphere and plenty of exciting action, the stadium is the perfect spot to round off your day.

Exciting Football Games

Are you ready to experience the rush of a football game? The Bixby Public Schools Football Stadium is a vibrant venue that is perfect for cheering on the Spartans of Bixby High School. With different seating options, everyone can find the perfect spot to enjoy the match.

As you settle into your seat, you’ll be surrounded by the unstoppable energy of the crowd. There are a variety of food vendors, so you can treat yourself to a snack during the game. Whether you’re a die-hard football enthusiast or just looking for a fun outing with family and friends, the stadium is sure to provide an unforgettable experience.

After the match, take a trip back in time and explore the Church of Christ in downtown Bixby. This church is one of the oldest in Oklahoma and has a rich history to be discovered. From services to learning opportunities, the Church of Christ offers an intriguing view of Bixby’s past.

So, come uncover the stories of this remarkable landmark.

Historical Church of Christ

Step inside the historical Church of Christ and be amazed by the captivating stories of Bixby’s past. As one of the oldest churches in Oklahoma, this site holds an important place in the town’s history.

More than just a place for regular services, the Church of Christ is a gateway to the past, giving visitors a glimpse into the early days of Bixby. The architecture of the church is a testament to the craftsmanship of the time, with stained glass windows, intricate woodwork, and ornate decorations taking you to another era.

In addition to its historical value, the Church of Christ also offers learning opportunities for those interested in the history of the town. Guided tours and educational programs are available to explore the stories that shaped Bixby. Whether you are an enthusiast or simply curious, the Church of Christ provides an insightful experience.

Vibrant Nightlife

Immerse yourself in the bustling nightlife of Bixby and explore a variety of exciting bars and pubs. Whether it’s a relaxing evening with friends or a night of dancing, Bixby has something for everyone. Kick off your night at one of the town’s top bars, with a wide selection of drinks and a warm atmosphere. From craft cocktails to local brews, there is something for every taste.

If you’re into live music, you won’t be disappointed. Local pubs feature talented musicians that will be sure to entertain you. With its bustling nightlife, Bixby is the perfect spot for a memorable evening.

Venture out of the bars and pubs and explore the diverse attractions that Bixby has to offer. From historic landmarks to unique shops and restaurants, you’ll find something new to discover. Take a stroll through the beautiful downtown area and take in the history of the town. Visit the local museums and galleries to learn more about Bixby’s past and present.

And don’t forget to indulge in the delicious local cuisine, with a variety of options to please any palate. Gather your friends and embark on a journey to experience the vibrant nightlife and attractions that Bixby has to offer.

Diverse Local Attractions

Discover the secrets of Bixby’s amazing local attractions and let your curiosity take you on an unforgettable journey. Bixby offers a wide range of sights to please everyone.

A must-visit is Red Beards Treasure Chest antique store. It is the best spot for antiques, offering vintage items such as postcards and jewelry that enhance your shopping experience and let you find concealed treasures from the past.

Sports fans must check out Bixby Public Schools Football Stadium. It hosts amazing football games and has seating options, food vendors, and entertainment to support the Bixby High School Spartans.

Anyone interested in history and spirituality must explore Downtown Bixby Church of Christ. It is one of Oklahoma’s oldest churches, offering a wealth of knowledge and regular services.

Jujax Pub is a great place to have a night out with friends. It features indoor and outdoor seating, craft beers, a delicious menu, and live music performances, letting you experience the lively nightlife of Bixby.

These are only a few of the attractions that Bixby has to offer. This charming city also has stunning parks, the Daily Family YMCA of Bixby, top-notch coffee shops and bakeries, and the finest restaurants and bars.

So take your curiosity and go on an adventure in Bixby, Oklahoma.