Fast House Flipping Loans
The HardMoney Company provides individuals as well as organizations with short-term house flipping loans. These loans are also known as fix and flip loans because they are a short-term finance loan that is secured by real estate, and used to purchase and renovate property. Our team works directly with you to help create a custom structure loan that fits your project needs. This will make it easier and quicker for you to buy a property, fix it up, and then sell it for a profit.
The HardMoney Company specializes in making and servicing fix and flip or house flipping loans. Most of the time we will lend you the acquisition funds, however, in the correct circumstance, we may be able to arrange a portion of the rehab estimates. Those funds will be paid out to you in draws as the work progresses. It is important to reach out to our team as soon as possible to apply for our loan offerings and to learn how we can help with your project.
Fix and flip financing approvals are dependent on the deal, your experience, the property and the exit strategy. We will assist in helping throughout your “flip” deal to ensure your success. If you are a fix and hold investor, we will provide flexible terms that will allow you time to refinance into a permanent loan.
What Is A Fix and Flip Loan
HardMoney Company’s House Flipping Loan is a short-term loan, secured by real estate, and used to purchase and renovate property. Our Fix and Flip loan will allow you to buy a property, fix it up and sell it for a profit. This type of loan is a great option for investors because of the quick turnaround time and the flexibility that isn’t possible with other types of loans.
Benefits of Our House Flipping Loans
Short-term home flipping loans are a great option for experienced investors as well as those who are new to the space. Typically, the most difficult part of the process of house flipping is generating the capital for the initial property purchase. Often times getting a bank loan isn’t a great option because the rates offered aren’t a great fit for a short-term flipping project. Our team will work with you to create a custom loan structure that will provide you with flexible terms that will help you complete your project.
Does HardMoney Company Offer 100% Fix And Flip Loans?
Currently, the HardMoney Company does offer 100% fix and flip loans, but requirements are very strict. Most of our fix and flip loans require 10- 20% cash down from the client. However, our team is always open to discussing various and unique options to get the deal closed. We can provide clients with fix and flip loans for all their real estate projects.
Are Fix And Flip Loans For Beginners A Good Idea?
Fix and flip loans are utilized by seasoned real estate investors as well as those who are new to real estate investing. Our team has experience providing fix and flip loans for beginners and is available to discuss the possibility of receiving a house flipping
loan no matter what your level of experience is. We are committed to helping our clients avoid the pitfalls of the real estate novice often experience. We only fund fix and flip deals that have a high likelihood of positive returns.
What other types of loans does HardMoney Company offer?
Our team provides a variety of different loan types to help with your project. We offer the following loan types as well other options:
Fix and Flip Financing FAQs
In what states does HardMoney Company offer loans?
The HardMoney Company primarily operates in the Washington DC metropolitan, Southeast Florida, Kentucky, Ohio, and Indiana markets. Our team is capable of making loans nationwide so we recommend you apply to get connected with our team.
What type of properties are eligible for these short-term loans?
Our team provides loans for a variety of different home types such as the ones below:
- Single Family Home
- Multi-Family Units
- And other home types
Apply Now to see if your project is eligible.