Iowa’s Hard Money Lender
If you’re ready to get some work done, DoHardMoney is here to set you on your way to financial independence. We offer experienced and inexperienced house flippers loans, training materials, and industry-leading software to give anyone the opportunity of home improvement success and momentous profits to fund their next big project.
What Makes Do Hard Money Loans Different?
DoHardMoney is more than your ordinary lender. We work with anyone that brings us a great deal, no matter if you’ve been rejected by other lenders before. A majority of our members come with little to no cash-to-close and we don’t demand upfront costs or specific credit scores. We want to partner with anyone looking to transform their financial situation through real estate.
We offer every member access to our Find-Fund-Flip system, setting you up with the training and education you need to polish your flipping knowledge and make the maximum profit every time. Our online platforms presents millions of homes across the U.S. in prime locations like Iowa and your designated loan advisor and project manager will make sure you get the job done right.
- 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 85% ARV
- Loans up to $350k
- No prepayment penalties
- No payments for 5 months
Deals Iowa Hard Money Loans Are Used For
Hard money loans from DoHardMoney provide you with a number of investment strategy options, including:
Fix and Flip Loans
Fix and flip loans are the most common inquiry we receive in Iowa. Use this loan to find low-cost homes, fix them up, and resell them to make a serious profit with ease.
The BRRRR Method
The BRRR Method allows you to buy, rehab, rent, and refinance — and repeat. Rather than making a one-time profit, this strategy allows your rental to become a new stream of income, which you can use to support your lifestyle or invest in new properties.
Wholesale Real Estate
Similar to the process of a fix and flip, allows you to skip out on the dirty work. Instead, you assign the contract to another investor and the investor pays you for finding the property for them. This usually occurs when you can’t take on the deal yourself but still want credit for finding the deal.
lower barriers of entry
The lending system is corrupt. With most lenders you’ll need good credit and money on deck to flip houses. That is why most people who want to fix and flip can’t get started.
We work differently. We believe that everyone should have the equal opportunity to pursue financial freedom. Although we lend to experienced investors, a large share of our clients come to us because we get them to flipping that first deal.
Ryan G. Wright, the founder and CEO of DoHardMoney 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 generally 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.