Indiana Hard Money Loans
-Private Hard Money on Demand
We want to tell you a little about our specialized Indiana hard money loans for your next real estate investment deal.
Nascar drivers aren't the only ones with a fast game in Indiana. Indiana real estate investors also know how to cross the finish lines of great deals, well-ahead of their competitors
Indiana is one of our preferred lending states, and we want to help you on your next fix and flip or refinance with our state-specific lending rates.
With DoHardMoney, you can expect hard money loans truly designed for the needs of real estate investors. We offer equity-based loan approval, fast loan turnaround times, and 100% financing options for qualified deals.
For a no obligation discussion about your loan:
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Loan Terms for
- $40,000 - $150,000
- 13.5% - 18%
- 65% after repair value (ARV)
100% Gap Financing
- available if needed
Indiana Real Estate Market
|Highest Selling County||Marion|
|# of Single Family Flips||370|
|Average Purchase Price||$138,490|
|Gross Profit Percent||15%|
|Comparison to National Average||+6%|
|Average Gross Profit per Flip||$20,773|
|Preferred Lending State||Yes|
* Statistics courtesy of RealtyTrac and DoHardMoney.com
Lee from NC - Net Profit $40,000
About Hard Money Loans in Indiana
REIs who "Go Ugly Early" to the real estate game might need a few pointers about the definition of hard money loans and how they work. To help, we offer some information here to help you decide if Indiana hard money loans are right for your investment deal.
Names for hard money loans are the first thing to discuss. Plenty of REIs don't know that private money loans and bridge loans are the same as hard money loans. Accordingly, the same goes for private money lenders and hard money lenders. (Of course, the real estate industry doesn't make it any easier by giving the same kind of loan three different names.)
Hard money loans and the real estate investing industry go hand-in-hand. This is because hard money loans are specifically tuned up to help REIs succeed in purchase situations that traditional lenders won't even consider.
A traditional lender won't even look at loan applications for subject properties that require rehab loans or any sort of improvements-- the exact kinds of investment properties that real estate investors look for. They avoid these kinds of deals becasue they base their lending decisions on the borrower, not the deal itself.
Hard money lenders, on the other hand, are able to offer rehab loans on fix and flips exactly because the investment property is all they care about for loan approval.
Another side effect of this kind of property-based approval is that getting a hard money loan requires no credit checks. Because of this, hard money loans are also great loans for bad credit situations and refinance loans where the borrower does not have capital for a down payment.
DoHardMoney is a true hard money lender (one of the last around). Once we approve your Indiana hard money loans based on the details of your investment deal (or refinance), we'll arrive at the loan to value ratio (LTV) of your loan using the after repair value (ARV) of the property.
In addition, investors who partner with us make no loan payments until their house is flipped and sold. What could be better than that?
Real Estate Investing in Indiana
Indiana has uniquely awesome festivals for pretty much everything: the Covered Bridge festival and the Apple/Popcorn festival to name a couple. Isn't it about time to have a festival for the equally-awesome real estate market in Indiana?
It's no joke, statistic for Indiana investing and house flipping have looked good for years, which is why DoHardMoney is ready to offer some of our best deals on Indiana hard money loans to the following Indiana cities and counties:
Adams County, Alexandria, Allen County, Anderson, Angola, Auburn, Avon, Bartholomew County, Bedford, Beech Grove, Benton County, Bloomington, Bluffton, Boonville, Brazil, Brown County, Brownsburg, Carmel, Cass County, Cedar Lake, Chesterton, Clarksville, Columbia City, Columbus, Connersville, Crawfordsville, Crown Point, Danville, Decatur, Dyer, East Chicago, Elkhart, Elwood, Evansville, Fishers, Fort Wayne, Frankfort, Franklin, Gary, Goshen, Granger, Greencastle, Greenfield, Greensburg, Greenwood, Griffith, Hammond, Hartford City, Highland, Hobart, Huntington, Indianapolis, Jasper, Jeffersonville, Kendallville, Kokomo, La Porte, Lafayette, Lake Station, Lakes of the Four Seasons, Lawrence, Lawrence County, Lebanon, Logansport, Lowell, Madison, Marion, Marion County, Martinsville, Merrillville, Michigan City, Mishawaka, Mooresville, Mount Vernon, Muncie, Munster, Nappanee, New Albany, New Castle, New Haven, Noble County, Noblesville, North Manchester, North Vernon, Parke County, Peru, Plainfield, Plymouth, Portage, Portland, Posey County, Princeton, Richmond, Rochester, Salem, Schererville, Scottsburg, Sellersburg, Shelbyville, South Bend, Speedway, St. John, Steuben County, Switzerland County, Tell City, Valparaiso, Vincennes, Warren County, Warsaw, Wells County, Westfield, Zionsville, and more.
Get approved for your Indiana hard money loan today. Apply online or call us at 1-800-284-0076. To your success!