Hard Money Investors in Detroit


Reliable, fast funding for single family homes in Detroit

Lowest Cash-to-Close

As the premier hard money lender in Detroit since 2005, we’re your go-to option for getting funds for your next real estate investment. We pride ourselves on working with our clients to determine loans that fit their needs, get cash into their account fast, and then help them navigate the renovations and sale of their property.

No Credit or Experience

As a hard money lender, we want to see good deals with profit potential. We’re less focused on traditional requirements such as credit score or debt-to-income ratio—if you bring us a great opportunity, we will do everything in our power to make it happen for you!

We’re On Your Side

We firmly believe you deserve financial security. That’s the goal we strive for in every interaction with you.

Hard Money Loans in Detroit

Hard Money Loans in Detroit

Popular Areas to Invest in Detroit

  • Pending…

Motivated Sellers in Popular Counties

Ever wondered what potential there is for finding investment deals in Detroit? We’ve compiled the data for you for the two most popular areas to invest in Detroit 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.

Wayne County (Detroit Area)

Vacant

$5K+ Liens

Bankruptcy

Out of State Owners

Non-Owner Occupied

Preforclosure

Failed MLS Listings

  19,907

  2,947

  5,512

  12,384

  71,098

66

  9,874

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 85% 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 85% 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.

True 100% financing

We will lend you up to 100% of the purchase, rehab, and loan costs. If you’ve got a profitable deal but it doesn’t quite qualify for 100% financing, we’ll work with you to figure out another source of funds.

Flexible loan programs to match any borrower’s goals

Every borrower has different needs, which is why we don’t limit you to a one-size-fits-all loan option. With over 30 different loan programs, our account advisors will work with you to get a loan that fits your specific needs, circumstances, and goals.

Industry-best risk mitigation

 

The process starts with our Advanced Deal Analysis software that will help you determine the viability of your deal. Your investment then undergoes a rigorous analysis to ensure it meets all requirements and is financially feasible. If everything looks good, we can move forward with funding your deal. You will then be assigned a loan advisor and project manager to help you all the way through the rehab and through the completed sale.

No surprises on loan values

We record a custom video for each individual deal during the evaluation phase. You see exactly what we’re looking at and how our decision-making process works in detail. If your loan gets denied or you don’t get the full amount you’re looking for, you’ll know exactly why.

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

$39,714

We can do this for, too.

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.