Alabama Hard Money Loans Lender

We’ve helped investors flip homes throughout the US, and now we can offer hard money loans in Alabama. We can work with both experienced flippers and those new to fix and flips. Because we started as real estate investors we’ve created hard money loan programs specifically for real estate investors  –

You want to move quickly – so we can fund the purchase and rehab, up to 70% of the ARV. And we can close in as little as 15 business days! Give us a call about your next Alabama hard money loan.

Fix and Flip – Refinance – Buy and Hold – New Construction
  • No Experience Required

  • No Minimum Credit Score

  • Interest rates starting at 7.99%

  • Loans from $50k – $5M

  • No prepayment penalty

  • Up to 100% advance on rehab costs

  • Up to 100% advance on purchase price

  • Lend up to 70% of ARV

  • 5 – 12 month loan terms

  • Extensions available

I am overwhelmed at the support I’ve received from Do Hard Money. I didn’t have any idea a lender like this existed. Not only did they greatly exceed my expectations on the line of credit I received and immediate access to proof of funds letters, but they are genuinely concerned with seeing me be successful. They gave so much useful information and left no stone unturned.

David M, Collinsville, AL

Alabama Hard Money Loan Lending Terms

We’re able to provide very favorable terms for our Alabama hard money loans. Whether you’re looking for a short term loan to help with a flip or something m ore appropriate for a rental property we have great options. We can even refinance a property for you so you can make improvements.

Alabama Hard Money
Multiple Deals
YES

Yes. We allow you to do 3 deals at a time, enabling you to stay busy and rake in even more profit at a faster pace.

Experience
NONE

Many other lenders either won’t lend to you or will jack up their prices unless you have prior experience, but we’re all making profitable real estate investing accessible to anyone.

Credit Score
NONE (No Judgements/Get Credit Partner)

None. A bad credit score will affect your points and interest, but because we lend on the property’s after repair value it won’t keep you from getting a loan

Interest Rate
7.99-15%+ (Annual)

Our interest rates of 7.99-15%+ annually fall pretty middle of the road. We are not the cheapest, nor the most expensive, but our 100% financing options allow you to leverage our money.

Purchase Price
75-100%

We will cover 75-100% of the purchase price.

Advance on Rehab Costs
50-100%

We will provide 50-100% advances on rehab costs.

After Repair Value
60-70%

We lend up to 70% of the ARV. We will fund everything but earnest money as long as it fits within 70% of the ARV.

Property Type
Single Family Residences, Duplex, Multi Family

We will lend on a variety of different properties including single family residences, duplexes and multi-family.

Refinancing
AVAILABLE

Yes. With traditional lenders limited to strict loan parameters, we focus on equity over borrower financials. This gives you the liquidity needed for your individual situation.

Fix and Flip
AVAILABLE

Fix and flip options are available.

Rental
AVAILABLE

Rental options are available.

Construction
AVAILABLE

Construction is available.

Refinancing
AVAILABLE

Yes. With traditional lenders limited to strict loan parameters, we focus on equity over borrower financials. This gives you the liquidity needed for your individual situation.

Fix and Flip
AVAILABLE

Fix and flip options are available.

Rental
AVAILABLE

Rental options are available.

Construction
AVAILABLE

Construction is available.

Loan Inquiry

Alabama Real Estate Market Statistics (2015)

Alabama is the “Heart of Dixie,” a gem of the South. It is nicknamed the Yellowhammer State, after the state bird. Alabama enjoys a lengthy growing season and is known to be one of the most successful agricultural states. Another perk to living in this beautiful state is the diverse array of flora and fauna and gorgeous greenery. Recently, house flipping has soared in popularity, growing 27% over the past year. Alabama was listed as “one of the most improved housing markets” in the Freddie Mac Multi-Indicator Market Index. According to the Birmingham Business Journal, “Housing markets are on track for their best year in a decade, and that’s reflected in MiMi.”

0
Population
0
Housing Units
0
Number of Flips
0%
% Change in Flips

Purchase Price

National Average: $188,900
Alabama Metro Areas: $175,000

Gross Margin

National Average: $55,000
Alabama Metro Areas: $34,025

Number of Houses Flipped

National Average: 179,778
Alabama Metro Areas: 3,445

% Change in Houses Flipped

National Average: 0.2%
Alabama Metro Areas: 27%

Additional Opportunities

We fund deal directly in Alabama. We can fund your fix and flip rehab investment. We can refinance your property with ot wothout cash out for rehab. We can even fund your buy and hold deal. Give us a call today!

Reviews of DoHardmoney.com