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Tag Archive for: small town

We Love Small Town Fix and Flippers

November 16, 2021/in Blog

We Love Small Town Fix and Flippers

Do you flip or rent properties in a small town or a rural area?

If so, do you have a difficult time finding someone to fund your deals? Because, the truth is, a lot of hard money lenders shy away from smaller markets.

Well, guess what? We love helping small town real estate investors.

Unlike other lenders, we don’t care if loans are under $100k or if the property value is less than $100k. We can help.

Better yet, we can lend on properties without waiting for appraisals. That means we can close deals FAST. We’re talking days instead of weeks.

And our loan requirements are intended to be small town friendly, so all we ask is that the loan:

  • Be secured in first lien position.
  • Close with and through a title company.
  • Be at or under 70% of the after-repair value (not the current value).

Most of us are from small towns, too. So, we understand how frustrating it can be to find timely funding. That’s why we love to focus on small town flippers and rental owners.

So, if you have a property and want to get it funded and closed right now, our team is here to help.

Happy investing!

https://hardmoneymike.com/wp-content/uploads/2021/11/Copy-of-Copy-of-JENNAS-Blog-Photos.png 600 1800 Jenna Weldon https://hardmoneymike.com/wp-content/uploads/2019/06/hard-money-mike-logo.png Jenna Weldon2021-11-16 07:38:422021-11-16 07:38:42We Love Small Town Fix and Flippers

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