Hard Money Investors in Illinois

Fast funding for single family homes in Illinois

Lowest Cash-to-Close

As the premier hard money lender in Illinois since 2005 and the go-to option for real estate investment lending solutions, we’re your preferred source of funding. We work to find loans that meet your needs, get you quick access to cash, and help you rehab and sell properties with ease—all at competitive rates.

No Credit or Experience

As a hard money lender, we’re less concerned about the traditional qualifications of a loan like your credit score and debt ratio. Our company is all about profit potential, and if you bring us a good deal we will do what we can to make it work for you—even if you are new to the industry with no previous experience.

We’re On Your Side

We believe you deserve to be financially secure. We will work hard for that to happen with every interaction we have with you.

Hard Money Loans in Illinois

Hard Money Loans in Illinois

10 Most Popular Cities to Fix-and-Flip in Illinois

  • Chicago
  • South Holland
  • Park Forest
  • Dolton
  • Hazel Crest
  • Calumet City
  • Chicago Heights
  • Markham
  • Maywood
  • Peoria

Motivated Sellers in Popular Counties

Ever wondered what potential there is for finding investment deals in Illinois? We’ve compiled the data for you for the two most popular areas to invest in Illinois and provided heatmaps showing the estimated total property value, estimated value per square foot, and the 1-year price growth… these provide excellent insights into where to invest in the area.

All property counts below are single-family residential (SFR) that have been owned for at least 1 year with at least 30% equity and an estimated value of less than $500K as of 25 Aug 2021.

Cook County (Chicago Area)

Vacant

$5K+ Liens

Bankruptcy

Out of State Owners

Non-Owner Occupied

Preforclosure

Failed MLS Listings

11,678

4,028

10,606

13,691

93,995

2,777

16,975

Peoria County (Peoria Area)

Vacant

$5K+ Liens

Bankruptcy

Out of State Owners

Non-Owner Occupied

Preforclosure

Failed MLS Listings

3,842

558

1,603

3,963

11,054

306

1,141

What Makes Do Hard Money Loans Different?

  • No minimum credit score
  • No experience required
  • Up to 100% financing
  • Interest rates beginning at 12%
  • Origination as low as 3.5%
  • Lend up to 75% ARV
  • Loans up to $350k
  • No prepayment penalties
  • No payments for 5 months
  • No minimum credit score
  • No experience required
  • Up to 100% financing
  • Interest rates beginning at 12%
  • Origination as low as 3.5%
  • Lend up to 75% ARV
  • Loans up to $350k
  • No prepayment penalties
  • No payments for 5 months

ABOUT DO HARD MONEY

Our CEO, Ryan G. Wright, began investing in real estate in 2001. Since then, he’s flipped hundreds of deals and been involved in every type of real estate transaction imaginable. With a currently active real estate investor leading us, you’re working with a company that understands the real challenges you face in getting funding and completing deals.

Hard money lenders typically have a background purely in finance. However, we provide experience and resources to teach you how to find deals, market them, negotiate the prices, and close on these properties before getting funding.

Fewer barriers for new investors

The lending system is broken. With most lenders you’ll need good credit and lots of money to flip houses. That is why most people who want to get started can’t do it.

That’s not how we work. We believe that everyone should have the opportunity to build financial security for themselves. While we lend to experienced investors, a large percentage of our borrowers come to us because we make flipping your first deal possible.

Hard money lenders typically have a background purely in finance. However, we provide experience and resources to teach you how to find deals, market them, negotiate the prices, and close on these properties before getting funding.

Deals we’ve funded in Illinois

True 100% financing

We will lend up to 100% of the purchase, rehab, and loan costs. If you don’t have enough for the loan, we can teach you how to find more money.

Flexible loan programs to match any borrower’s goals

Many lenders offer only a few loan options to meet their borrowers’ unique needs. We offer 30 different programs, so we can find the best fit for you and your financial goals. Lowest cash-to-close? Maximum profit? Cheapest total loan option? We’ve got you covered.

Industry-best risk mitigation

 

Once your deal has been vetted using our Advanced Deal Analysis software, we will then put it through a two-step evaluation process to help us ensure you’ve got a great deal. Then, you’ll work with a dedicated loan advisor and former general contractor to get you through the rehab and to the finish line. Our team will be there every step of the way.

Investor’s Edge

No surprises on loan values

For each property brought to us, we produce a video that breaks down our evaluation process for that deal. You’ll see all of our comps and find out how each one affects your loan amount. You’ll love having complete transparency for all of our decisions regarding your loan.

Our borrowers’ average profit on a paid-off loan in 2020 was

$39,714

Now it’s your turn to change your life.

Don’t have a deal yet?

No worries. Our Find-Fund-Flip System is an all-in-one program designed to help you find & close the exact kinds of deals we’re looking to fund.