Hard Money Loans
- Use for “Fix and Flip” or to Rehab Building
- Personal Credit Often not an Issue
- Up to 100% of the Repair Costs and 80% of the Purchase Price
- Terms up to Two Years
- Interest Rates Start at 6%
- Free “Rehab Profits” eBook Just for Asking
Hard money loans are also known as “fix and flip” loans. A hard money loan is secured by the subject real estate property, not by the borrower’s credit. This money is used to purchase a property below market value, fix it up, and then “flip” it to either another investor or sell it to an end owner/buyer. Acceptable property types include 1-4 unit non-owner occupied, multi-unit apartments, mixed-use, retail, restaurants, office buildings, warehouses, churches, and other non-owner occupied properties.
Our lenders will lend up to 80% of the purchase price, and 100% of the repair costs on residential investment and commercial properties. Terms range from 1 to 2 Years at rates starting at 6%, and no up-front fees. Approval criteria can include the number of properties you have flipped, and may or may not include personal credit.
We work with both new and experienced real estate investors. The loans are secured with a first lien on the subject property. If you are just getting started in finding, funding, fixing and flipping properties, ask about our “Rehab Profits” ebook that will help you navigate the world of finding, funding, fixing and flipping real estate. This ebook is free to anyone who expresses interest in our funding programs.