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Podcast Hard Money Lenders Books
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Find top hard money lenders in Massachusetts
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Fund.me
2 reviews
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2 reviews
Fund.me
We are a tech enabled lending platform. WE CAN CLOSE IN 7 DAYS! 90% Fix & Flip loans: No appraisal, no experience, no income, and minimum credit requirements.
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LendingOne, LLC
2.0
11 reviews
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2.0
11 reviews
LendingOne, LLC
Lending One is one of the largest direct private lenders in the country. Call (866)-724-7555 for a no-obligation quote. We offer Fix/Flip, Rental, Multi-family and New Construction loans. We lend in 45 states and help investors from small to large (loans from $75,000 - $30,000,000). You can search BiggerPockets to see why customers love working with us! Low rates, fast closings, and great service. - Fix/Flip Loans - Rental Loans - 30 Year Fixed Rate Up to 75% LTV (Single Property & Portfolios) - New Contruction Not a broker nor a bank, but a fully funded lending partner that can close consistently and help you grow your business. LendingOne uses our own capital, an easy online application, and our extensive real estate experience to provide quick and reliable funding for our clients. Our experienced management team truly understands the real estate business and has taken an investor-friendly approach to the lending business. We are self-funded, allowing us to move quickly and finance your project using 100% of our own capital. With our proprietary technology, we have streamlined the real estate lending process. At the click of a button you can be pre-qualified for our competitive rates. Pre-Qualify online 24 hours a day, seven days a week and we will get you to the closing table in as little as ten days. https://app.lendingone.com/ - 2 Minute online quote Call (866)-724-7555
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Accolend
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Accolend
Accolend is experienced direct private lender. Please call us at 201-643-6650 x1 or visit us at www.accolend.com for instant rate quote, full description of our programs and for short application form. We offer unique Fix and FLip and Ground Up Construction programs with NO POINTS. We also offer low costs Rental loans and Joint Ventures. We offer hard money or bridge financing with 8.5-10.5% rate and NO POINTS, 75-85% LTV for purchase and up to 75-85% construction cost, no points for extensions and transparent 3rd party upfront costs. Our Rental Loans start from 5.99% rate. We offer fast and reliable service and can fund within 2-5 business days. If you are looking for 100% financing, we are not going to be able to help. But if you are looking for a low cost of funds, no points, good service and full transparency on cost - you will find a good fit with us. you can find more information at www.accolend.com
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A to Z Capital Inc.
5.0
2 reviews
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5.0
2 reviews
A to Z Capital Inc.
A to Z Capital Inc. is your one stop shop for all your real estate investments. We do everything from hard money, jumbo hard money ($1million+), cash-out refinance, long-term financing, fix n flip, and much more! All property types, loans from 50K to 25 Million. Buy-Fix-'n' Flip loans with up-to 90% financing on both the purchase and rehab costs. 30 year fully amortized rental property loans. Cash-Out Refinance, no income documentation with rates starting at 6.5%. Ask about our NO seasoning products for refinance deals. We currently offer 11 different loan programs aimed to fit every possible loan scenario. If we don’t offer it, chances are it does not exist. Each and every deal is analyzed on a case by case basis. Here at A to Z Capital, we do every type of real estate loan. Including: -Hard Money -Air BnB Purchase/Refi -Cash out Refinances -Primary Residence (FHA, VA, Freddie Mac, Fannie Mae, Conventional) -ONLY IN FL -Reverse Mortgages (ONLY IN FL) -Buy Fix N Flip -Ground-Up Construction -And many others... Call us with your scenario today! 561-609-6699 Johanna Fonseca NMLS#1708916 A to Z Capital, Inc. NMLS #1761721 Contact us at 1 (561) 609-6699 today.
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Summit Capital Management
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Summit Capital Management
We are a local direct hard money / private lender funding deals in MA and RI. We are locally owned and operated our of Raynham, MA and have very aggressive terms and great customer service. Our rates are as low as 9.99% and 2 points with only between 5-10% down! Our construction draws are fast and painless. We fund up to 75-85% of the ARV, and 100% LTV!!!!...Give us a try on your next deal!
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Crowd Lending Inc.
1 review
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1 review
Crowd Lending Inc.
Crowd lending Inc. is a Boston based direct hard money lender. We fund the acquisition and renovation of investment properties throughout New England. Our funding platform is fast and flexible. We provide fix and flip loans, commercial loans, ground up construction loans, and bridge loans. Our loan guidelines are versatile. We lend funds to all borrowers based on the property value and do not require a minimum FICO rating. We lend on many property types, including single families, multi-family units, apartment buildings, offices, retails units, industrial buildings and storage. Depending on the particulars of your scenario, we can lend on either collateral or cash flow or any combination there of. We focus on fast response time and integrity. Our experienced management team truly understands the real estate business. We have taken a cooperative approach to the lending business. In addition we have a streamlined underwriting approach that is technology driven. We can have you at the closing table in 7 - 10 days. For a fast loan quote please forward your scenario today!
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RD Advisors
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RD Advisors
RD Advisors is a real estate financing firm focused on investments in select urban areas across the United States, with a focus on the Northeast. We provide capital solutions to experienced borrowers looking for flexible, situational financing for real estate projects within an expedited time frame. RD Advisors offers in-depth expertise combined with certainty of execution. Loan types include: • Acquisition Financing • Rehabilitation Financing • Bridge Financing We look forward to working with you!
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FUSION PRIVATE NATIONWIDE LENDING
5.0
4 reviews
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5.0
4 reviews
FUSION PRIVATE NATIONWIDE LENDING
We are a Private Money Real Estate Lender, providing Hard Money Loans, Rehab Loans, Private Bridge Loans and 30 year Mortgages to real estate investors and commercial property owners. We lend on 1-4 unit investment properties in most of the States and on Commercial Properties Nationwide! On viable deals we can close in a week or less. We FUND up to 90% LTV. Loan amounts $75K - $35M We are a Premier Private Lending Group. We have developed very seamless loan products, that are a good fit for most borrowers. Purchase Loans - These loans in are available in 47 states. In this program we can lend up to 80% of the purchase price, with the borrower or a gap funder providing the down payment and rehab funds. This program is not credit driven. Purchase and Rehab - This program is available in certain parts of the country, and we can provide between 50-75% of the After Repair Value, depending on the location. The borrower must have a portion of his own funds in the deal. This is for the purchase, rehab and sale of properties - fix and flips. This program is available on the East Coast. Cash Out Loans - These loans are provided Nationwide. We can usually provide up to 70% of the property value. With this program, we would consider Commercial and Residential Investment properties. The subject property must have sufficient equity. Commercial Lending - We will consider loans on just about all types of commercial and industrial properties. We do prefer income producing assets. We could provide favorable, 1-3 Year Terms. New Construction - We will consider new construction projects in Metropolitan areas only.
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Yieldi LLC
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Yieldi LLC
Yieldi is your reliable funding resource for all of your real estate investment needs. We fund quickly in a no-nonsense approach. We pride ourselves on our unique programs, offering both Commercial and Residential Loan Programs to borrowers & brokers seeking to work with us. Loan program include: Fix & Flips Note Purchasing New Construction Buy & Hold Transactional Funding Bridge Funding Cash-Out Refinance Looking forward to learning more about your project!
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Residential Capital Partners
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Residential Capital Partners
We are a private lender to the fix-and-flip and single-family residential (SFR) investment community. We offer a 9-month fix-and-flip hard money product, a 12-month rental bridge product and a 30-year rental loan product. Our no-money down fix-and-flip funding for 1-4 family residential properties up to 70% of ARV is very attractive for our customers. We will loan 100% of purchase and repairs up to 70% of ARV. Our terms are 10% interest, 3 points on a 9 month loan and the points can be rolled into the loan and paid at maturity. That's it. Our rental bridge terms are 9% interest, 2 points on a 12-month loan and our long-term rental product features 5/1 ARM, 7/1 ARM, 10/1 ARM, 15-Year Amortizing and 30-Year Amortizing products at rates as low as 6.25%. At Residential Capital Partners, what you see is what you get. No bait and switch. Pay interest only on funds paid out. ResCap Partners is one of the top fix and flip lenders in the country. We are not just lenders. Our affiliate partners have flipped over 2,500 properties. We know your business from both sides of the closing table.
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What Is A Hard Money Lender?

A hard money loan is an asset-based loan. One of the biggest factors affecting the approval of a traditional loan is your credit history and income. Lenders want a candidate that possesses a reputable re-payment history because this demonstrates the consumer’s ability to repay loans.

However, a great credit score and a lot of income is not always guaranteed an approval and the overall process can sometimes take a long time. Hard money lenders utilize a different approach by lending funds based on collateral and therefore, the lender places less emphasis on credit history. Hard money loans are not for everyone, but there are several situations where these loans make sense.

Strategies Using Hard Money

There are different instances when a real estate investor will be more likely to use a hard money loan versus a traditional loan. Real estate investors might find themselves using a hard money loan in the following instances.

Fix & Flip
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One of the most important things to understand when considering hard money is that each lender considers things differently than the next lender. Each lender is going to have his/her own criteria but most of them will base their loan off of a percentage of the after repair value or AVR. The following could also be considered when looking at a hard money loan:

  • Independent appraisers AVR
  • In-house AVR
  • Percentage of total costs
  • Percentage of the purchase price of the property
All lenders are different so be prepared for the hard money lender to consider any combination of the above before settling on the loan.
BRRRR
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If you are a real estate investor looking to execute the BRRRR strategy then the first thing you are going to want to do is secure a lender. One of the biggest mistakes that real estate investors make in the BRRRR strategy is only looking for a lender right when they need one. The best thing that you can do for yourself is to begin searching for, vetting and building a relationship with a lender as early in the process as possible. Meeting with lenders earlier will highlight any issues you might have with credit or income that you might need to get fixed before you really need the money for repairs. Getting this handled early will save you a big headache in the future.
Short Term Financing
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A short term loan is the traditional loan when a real estate investor is fix and flipping a property. With this type of loan you will typically only have 2-3 months to rehab and then resell your property for a profit. Short term financing is a good idea for properties that have a lower volume of fixes and repairs before putting the property back up for sale. Due to the short time period before the loan expires, you don’t want to get caught up with too many long term projects and have time run out. This would be homes that only need cosmetic repairs, upgraded appliances or minor repair work.

Questions To Ask A Hard Money Lender

Based on the best practice of reaching out to multiple lenders, you will want to make sure you have a proper list of questions available to you to vet out which lender is best for you. Here are some questions that you should ask a potential lender:

  • Are you the actual lender or just a broker?
  • Do you check personal credit? What score are you looking for?
  • What project details and documents do you need to make a quote?
  • How long will it take to get a quote?
  • Where does your money come from? Is this money in your control or do you receive it from a third party?
  • What happens if my loan needs to be extended?
  • How do you handle interest? Is it upfront, monthly or at the end?
What is Hard Money and How Does it Work? 10 Questions on Hard Money Loans Hard Money Buying Worksheet Hard Money Upfront Fees: Should You Pay Them? Understanding the Benefits and Risks of Hard Money Interview with Hard Money Lender, Kevin Amolsch Using Hard Money Lenders to Grow Your Business: Podcast with Ann Bellamy

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