Washington Hard Money Loans

-Private Hard Money on Demand

 

Make your next real estate investment deal go smoother and faster with DoHardMoney Washington hard money loans.

Washington real estate investors work harder to find good deals than Bigfoot nuts look for evidence that Sasquatch is real, and DoHardMoney is ready to support WA investors with our great state-specific hard money loan terms.

We can help you get into your next fix and flip or refinance with no money down because of our 100% financing options.

And because we are a true hard money lender, we approve our equity-based loans without credit checks or other practices that scrutinize you the borrower. All we care about is helping you get into a good deals that result in big paychecks.

For a no obligation discussion about your loan:

  • Call us at 1-800-284-0076, or
  • Fill out the Contact Form Below
.

Contact us for a no obligation discussion of your loan needs.

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Loan Terms for
Washington


Loan Amounts

  • $25,000 - $250,000

Rates

  • 13.5% - 18%

LTV Max

  • 65% after repair value (ARV)

100% Gap Financing

  • available if needed

Credit Condition

  • any

Washington Real Estate Market
Statistics (2012)

Highest Selling County King
# of Single Family Flips 1,639
Average Purchase Price $232,389
Gross Profit Percent 15%
National Average 9%
Comparison to National Average +6%
Average Gross Profit per Flip $34,528
Preferred Lending State Yes

  * Statistics courtesy of RealtyTrac and DoHardMoney.com

  • Jesse from WA - $50,00 Profit

About Hard Money Loans in Washington

From what we can gather searching on the internet, Washingtonians run on a diet of 85% coffee and 14% seafood (We assume that the other 1% is water absorbed through the wet air there). Whatever the truth may be, Washington investors give other REIs around the country a run for their money.

You may have read about hard money loans on the internet, or it's possible that you're completely new to the idea. Here's some general info about hard money lending and real estate investing that you might find useful.

Most real estate investing deals -- especially fix and flips -- run on a diet of hard money loans. There are several reasons for this, the major reason being that hard money lenders will lend on properties that traditional, institutional lenders won't even consider.

Where institutional lenders will only lend on virtually risk-free properties (which excludes fix and flips), hard money loans are specifically designed to consider the profit potential in a property. The loan amount of a hard money loan is even based on after repair value (ARV) of the property.

This flexibility in lending conditions makes it possible for new investors and investors with little capital of their own to get their feet in the door of real estate investing.

Approval for hard money loans is focused completely on the parameters of the subject property, not on the borrower like with traditional lenders. If the investment property checks out, the loan is yours. We won't even check your credit score to approve your Washington hard money loans.

Real Estate Investing in Washington

When it rains in Washington, it pou . . . wait. No. Actually, sometimes is just drizzles, sometimes it showers followed by rain, and sometimes it rains followed by showers . . .

The point is that Washington precipitation is steady, just like the strong, Washington state real estate market. See below for a list of the Washington state cities and counties in which we are ready to issue our funds: 

Aberdeen, Alderwood Manor, Anacortes, Arlington, Auburn, Bainbridge Island, Bellevue,Bellingham, Boistfort, Bothell, Bremerton, Bryn Mawr-Skyway, Burien, Camano, Camas, Clallam County, Clark County, East Hill-Meridian, East Renton Highlands, East Seattle, East Wenatchee Bench, Edmonds, Elk Plain, Ellensburg, Enumclaw, Enumclaw Plateau, Ephrata, Everett, Federal Way, Ferndale, Five Corners, Fort Lewis, Gig Harbor Peninsula, Graham-Thrift, Grandview, Hazel Dell North, Inglewood-Finn Hill, Issaquah, Issaquah Plateau, Jefferson County, Kelso, Kenmore, Kennewick, Kent, King County, Kingsgate, Kirkland, Lacey, Lake Forest Park, Lakeland North, Lakeland South, Lakewood, Lea Hill, Longview, Loon Lake, Lower Peninsula, Lynden, Lynnwood, Maltby, Maple Valley, Martha Lake, Marysville, Mason County, Mercer Island, Mill Creek, Monroe, Moses Lake, Mount Vernon, Mountlake Terrace, Mukilteo, North Creek, North Marysville, North Whidbey, Oak Harbor, Olympia, Opportunity, Orchards, Paine Field-Lake Stickney, Pacific County, Parkland, Pasco, Picnic Point-North Lynnwood, Pierce County, Port Angeles, Prairie Ridge, Pullman, Puyallup, Redmond, Renton, Richland, Riverton-Boulevard Park, Salmon Creek, Sammamish, SeaTac, Seattle, Seattle Hill-Silver Firs, Shoreline, Silverdale, Skagit County, Snohomish, Snohomish County, Snoqualmie Valley, South Hill, South Shore, South Whidbey, Southern Slopes, Spanaway, Spokane, Sunnyside,Tacoma, Tahoma-Maple Valley, Terrace Heights, Toppenish, Tukwila, Tulalip, Walla Walla, Waller, Walnut Grove, Washougal, Wenatchee, West Lake Stevens, West Richland, West Valley,White Center, Woodinville, Wynoochee, Yakima, and more.

Get approved for your Washington hard money loan today. Apply online or call us at 1-800-284-0076. To your success!