Delaware has some great fix and flip opportunities, and we can provide funding on qualified deals throughout the state. When you need to fund the property purchase and the rehab we’re the hard money lender that you need. We fund up to 70& of the property’s ARV.
And we understand that speed matters, so we strive to close in as few as 15 business days.
Whether your flipped many homes or this is your first one, we’re your Delaware hard money lender!
Delaware Hard Money Loan Terms
What Kind of Funding Is Available?
Up to 100% Financing Available
We fund up to 70% of the ARV
Minimum ARV of $70,000
No minimum loan amount
Maximum loan amount $250,000
Loan term 5 months
What Will It Cost?
Interest starting at 1.25% per month
Origination starting at 5.5%
No monthly payments
No and low cash to close options available
Gap financing allowed
No pre-payment penalty
Why Use DoHardMoney?
Full disclosure at time of loan offer
Proprietary foreclosure protection
No experience required
No minimum credit score required
Simultaneous deals allowed
* DHM does not guarantee that each or any particular deal funded will result in profit
Delaware Real Estate Market Statistics (2015)
Delaware is known as the “First State,” being the first state to ratify the Constitution of the United States. It is now known for its cozy towns, beautiful rivers and historically rich landmarks. The natural beauty of Delaware has recently attracted many home-buyers, with the real estate flipping market experiencing an increase of 23% over the past year. According to DelawareToday.com, “There’s never been a better time to buy.” Investment opportunities are plentiful. Jeff Fowler of the Jeffrey Fowler Group states, “There are some really good deals,” particularly for the fix-and-flip investor who is looking to purchase a home for a low price and resell it for an excellent profit.