Park Place Finance Review

Founded 2016 · Dallas, TX · Nationwide

3.7

Editor Rating

Park Place Finance is a private lender specializing in hard money, bridge, and fix-and-flip loans. Known for flexibility on property types and deal structures.

Editor's Take

Park Place Finance fills a niche for investors doing smaller deals in lower-cost markets. Their $50K minimum loan is among the lowest in the industry — if you're flipping houses in Detroit, Memphis, or other affordable markets where deal sizes run $60K–$120K, many national lenders won't touch it. Park Place will. They also finance land and commercial properties, adding flexibility for non-standard deals.

— Bill Rice, 30+ year mortgage lending veteran

Pros & Cons

Pros

  • Low minimum loan ($50K) — great for low-cost markets
  • Flexible property types including land and commercial
  • Low credit requirements (600)
  • No prepayment penalties
  • Fast closings (7 days possible)

Cons

  • Higher rates than institutional-style lenders
  • Higher origination fees (2–3 points)
  • No DSCR or long-term products

Loan Products Offered

Hard Money LoansFix-and-Flip LoansBridge Loans

Eligible Property Types

Single Family (1-4 units)Multifamily (5+ units)Mixed UseCommercialLand

Best For

Small loan amountsFlexible property typesLand financingRural properties

Compare Park Place Finance

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Disclaimer: Rates, terms, and requirements shown are approximate and based on publicly available information as of March 2026. Actual terms may vary based on your credit profile, property details, and market conditions. Always verify current terms directly with the lender before making financing decisions. ProInvestorHub provides editorial reviews for educational purposes and does not guarantee loan approval or specific terms.