Chicago Illinois Hard Money Fix and Flip

We funded this deal for Angela, let us be your hard money lender too!

Not All Hard Money Lenders in Chicago Can Fund No or Low Cash To Close!

chicago illinois hard money fix and flipTake a look at this incredible Chicago, Illinois hard money fix and flip! You seriously won’t believe the remarkable transformation. Angela H. from Chicago, IL is no stranger to lucrative real estate deals. With an extensive background as a realtor, Angela decided to try her first fix and flip with Do Hard Money. That deal was so profitable, she parlayed some of her earnings into a second deal with Do Hard Money. As you can see, Angela struck real estate gold yet again!

Like with her first deal, Do Hard Money also funded 100% of the property purchase price and rehab costs. However, this time around we funded 94% of her closing costs and Angela only brought $5,159 cash-to-close! Click here to view Angela’s HUD.

Angela turned a worn-down cottage property into a gorgeous, modern cape cod-style home. First, she restored every hard wood floor to its previous shine. Next, Angela added beautiful crown molding and specialty trim to the living and family rooms. She also finished the basement with new paint, new tile and new recessed lighting. Angela then performed a breathtaking rehab on the kitchen. First, Angela opened up the floor plan completely and added new granite counter tops. She also included modern, white cabinets to accent the kitchen beautifully. Then, she added stainless steel appliances to match the counter tops.

Finally, Angela put the finishing touches on the bathroom restorations. She upgraded the master bathroom with a Jacuzzi tub. Angela then gave the other bathrooms multi-jet showers and gorgeous new vanities. As a result of her hard work, this home sold lightning-fast on the MLS. This property netted Angela an overall estimated profit of $64,880 – over $20,000 more than the initial estimated ARV! For more details* on Angela’s deal, check out the table below!

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Loan Details Cost % Funded
Purchase Price $55,000 100%
Rehab Costs $42,950 100%
Closing Costs $19,359 94%
Interest $8,717
Total Funding Needed for Deal $126,026
Do Hard Money Loan Amount $116,225
Earnest Money $2,750
Seller Paid Costs $1,892
Cash-to-Close $5,159
After Repair Value (ARV) $200,500
Selling Costs $14,236
Loan Payoff $116,225
Cash-to-Close Payback $5,159
Estimated Net Profit $64,880

*Minor loan details not included.

Do Hard Money is so pleased to fund Angela’s second lucrative deal. We currently help hundreds open the door to financial freedom and build their own business through profitable real estate investments. We are the only hard money lender out there to offer 100% financing – if the deal is profitable enough, we will cover 100% of the purchase price, rehab costs and closing costs with as little as $0 cash-to-close required!

Ready to take advantage of 100% financing? It’s easy to start earning thousands of dollars on investment properties. You can get started in a number of ways:

First, you can get pre-qualified for a hard money loan immediately clicking on the yellow ‘Get Prequalified’ button on this page.

Second, you can chat with one of our investment professionals right away. They will walk you through every step of the process and answer any questions you may have.

If you prefer to get in touch with an REI expert immediately, you can also call us at 312-509-9662.

We look forward to hearing from you and helping you start down the path to financial freedom!

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Chicago Hard Money Loan Terms For House Flipping Financed by DHM

What Kind of Funding Is Available?

  • Up to 100% Financing Available – When the Deal Qualifies
  • We fund up to 70% of the ARV – We work With Experts In Your Area To Determine Value
  • Minimum ARV of $70,000 – We want you to Invest In Properties Where The Profit Is Worth Your Time
  • No Minimum Loan Amount- Borrower Only What Is Needed
  • Maximum loan amount $250,000 – Concentrate On Properties With The Largest Buyer Pool
  • Loan Term Is  5 Months – With No Monthly Payments

What Will It Cost?

  • Interest starting at 1.25% per month – talk with our team for more details
  • Origination starting at 5.5% – see what we can do for your deal
  • No monthly payments – focus on your rehab
  • No and low cash to close options available when you enroll in our Find-Fund-Flip System
  • Gap financing allowed – we want to help you find the resources you’ll need to get your deal done
  • No pre-payment penalty – sell your property quickly and you’ll make more money

Why Use DoHardMoney?

  • Full disclosure at time of loan offer – no surprises at the closing table
  • Proprietary foreclosure protection – if the deal goes poorly you are protected
  • No experience required – we LOVE new investors and have programs specifically for them
  • No minimum credit score required – YES, you can do a deal with bad credit
  • Simultaneous deals allowed

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We want you to succeed in the fantastic Chicago market! We know that helping you do your first successful flip will result in additional loans each time you find another great deal. With our variety of loan programs and options our lending can change to accommodate the growth of your business. Chicago hard money loans for rehab deals, investment property refinance, rental properties. Eve new construction when you’re ready! 

Do Hard Money will approve your asset-based loan completely by assessing the property not you as the borrower. We are a true hard money lender and base your loan approval on the investment property and the overall quality of the deal. In fact, if you are enrolled in our Find-Fund-Flip System we can even fund your flip at 100% when the deal qualifies. Now THAT’S exciting!

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More Chicago Illinois Fix and Flip Investments

We completed our 1st deal with Our representative was instrumental in getting our deal completed. We now have a rehabbed property on the market in Evergreen Park, IL. Once you understand the process and have a good representative to basically hold your hand, it will be smooth sailing. We will definitely use again.

Aisha S., Chicago, IL

I Have Bad Credit, Can I Still Flip A House?

Our mission is to help as many investors find financial freedom as possible, so this means we have found a way to loan to borrowers with bad credit . We can extend a house flipping loan to borrowers who enroll in our Find-Fund-Flip program. We created this system to give you a step by step process to follow, along with property finding and marketing software, tools to help you value your property and more. Your Chicago rehab deal just became a reality!

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Chicago House Flip Loans
  • We can fund your Chicago flip – purchase and rehab.

  • Friendly terms whether you need low rates, low cash to close or no monthly payments

  • Loan based on after repair value

Chicago Refinance Loans
  • These investment property refinance loans are available in Chicago

  • Cash out or no cash out – you determine what you need to accomplish your objectives

  • 50%-65% ARV depending on property

Chicago Rental Property Loans
  • On these loans we require some investing experience. You’ll need to currently own at least one rental property, but it doesn’t have to be in Chicago.

  • 1-4 unit properties

  • Up to 80% LTV