Mississippi Hard Money Loans
-Private Hard Money on Demand
For your next fix and flip or residential rehab, take advantage of all the benefits of Mississippi hard money loans.
Our hard money loans are designed to help Mississippi investors get in and out of good deals with great loan terms and fast turnaround times.
Because DoHardMoney is a true hard money lender, all of our loans are equity-based loans that rely on the subject property for loan approval. That means no credit checks.
Loan closing times with us are less than two weeks and often as quick as 5 days for deals that need to happen in a hurry. We can even get you 100% financing on 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
Mississippi Real Estate Market
|Highest Selling County||Hinds|
|# of Single Family Flips||29|
|Average Purchase Price||$177,172|
|Gross Profit Percent||22%|
|Comparison to National Average||+13%|
|Average Gross Profit per Flip||$38,301|
|Preferred Lending State||Yes|
* Statistics courtesy of RealtyTrac and DoHardMoney.com
Lee from NC - Net Profit $40,000
About Hard Money Loans in Mississippi
When you need a funding option that tastes as good to your investment deal as comeback sauce does on wings, hard money loans are the way to go.
Hard money loans for best for real estate investors for a number of reasons, and these reasons are the same things that make Mississippi hard money loans different than any type of loan out there.
First of all, hard money loans can fund fix and flips. Traditional loans can't. To make funding for real estate house flipping possible, hard money loans determine loan approval based on an analysis of the property, not the borrower. Because hard money loan approval does not require a credit check, they are often considered loans for bad credit.
In addition, hard money loans determine the loan amount by calculating the after repair value (ARV) of a subject property rather than the as-is value. This distinction makes private money loans drastically different than traditional loans from lending institutions.
Real Estate Investing in Mississippi
To us, Mississippi sounds like a great place to be, and not just because of the interesting things like "Kool-Aid Pickles" we hear you have down there.
The Mississippi real estate market is a great place for REI, too, and that's why we're able to offer great rates on our Mississippi hard money loans.
Below is a list of Mississippi cities and counties that full under the DoHardMoney lending umbrella:
Aberdeen, Amite County, Amory, Batesville, Bay St. Louis, Benton County, Biloxi, Booneville, Brandon, Brookhaven, Byram, Calhoun County, Canton, Clarksdale, Cleveland, Clinton, Columbia, Columbus, Corinth, D'Iberville, Gautier, George County, Greenville, Greenwood, Grenada, Gulfport, Hattiesburg, Hernando, Hinds County, Holly Springs, Horn Lake, Indianola, Itwamba County, Jackson, Kosciusko, Lamar County, Lauderdale County, Laurel, Long Beach, Louisville, Madison, Meridian, Moss Point, Natchez, New Albany, Ocean Springs, Olive Branch, Oxford, Panola County, Pascagoula, Pass Christian, Pearl, Petal, Philadelphia, Picayune, Richland, Ridgeland, Senatobia, Southaven, St. Martin, Starkville, Tupelo, Vicksburg, Waveland, West Hattiesburg, West Point, Yazoo City,
Get approved for your Mississippi hard money loan today. Apply online or call us at 1-800-284-0076. To your success!