Kentucky hard money loans are a crucial component to any fix and flip business in the state. We can fund qualified house flipping projects throughout all of Kentucky. By providing financing up to 70% of the ARV, there will be funding that can cover property purchase and rehab costs. Flipping homes requires that you can move quickly, so we designed our hard money loan processes with speed in mind, often closing as quickly as within 15 business day. Give us a call for your next Kentucky real estate investment..
Kentucky 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
Everyone I have talked with at DoHardMoney.com is friendly and professional!
Kentucky Real Estate Market Statistics (2015)
Kentucky, known as the “Bluegrass State,” is a land of diverse environments and abundant resources, including the world’s longest cave system. Kentucky is also known for a variety of historical sites and some of the most beautiful landscapes you will ever see. Kentucky has grown in popularity, with real estate flips increasing 25% in the past year and home values increasing 5.8%. Boasting a steady and affordable housing market, Kentucky is an excellent place to find good rehab deals at low prices. Kentucky real estate also continues to grow, indicating ideal timing to buy your fix and flip property right away and resell it later for a lucrative profit. According to Housingpredictor.com, “People interested in investing can find some great deals, especially in the Southern Lakes region and in Kentucky’s popular cities.”
Number of Houses Flipped
% Change in Houses Flipped
* DHM does not guarantee that each or any particular deal funded will result in profit
Funding for Kentucky House Flipping
We look forward to funding your next deal.