Have you found lucrative investment deals in Louisiana? Do Hard Money is here to help you get a hard money loan fast for your next REI deal in the Pelican State. If you’re looking to refinance, we can also help provide funding.
Do Hard Money will approve your asset-based loan completely by assessing the property not you as the borrower. A true hard money lender will base your loan approval on the investment property and the overall quality of the deal. Once we’ve evaluated the property, the LTV (loan to value) ratio of the deal will determine your loan amount. This loan amount, combined with our gap funding resources, can make it possible for you to get 100% Financing on your deal
Louisiana Hard Money Fix and Flip Loan Terms on Our Directly Funded Deals
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
Louisiana Fix & Flip Loans
Options are available for new investors, seasoned pros, bad credit borrowers.
Options range from no and low cash to close or lower rates and origination.
Our fix and flip are always based on after repair value, not borrower financial profile.
Rental Property Loans
You will need to currently own at least one rental property.
The property will need to be 1-4 units.
Our Louisiana borrowers can get up to 80% LTV.
We can offer these types of loans to Louisiana borrowers with no or little experience as well as those who have been investing for a while.
You can get cash out with these loans, or just use it to improve your property, depending on your needs.
50%-65% ARV depending on the aspects and risk factors of the property used.
* DHM does not guarantee that each or any particular deal funded will result in profit
Louisiana Real Estate Market Statistics (2015)
Rich in multicultural heritage, music and history, Louisiana is one of the hottest spots in real estate. It is the birthplace of Jazz and home of many exciting annual festivals and celebrations. Louisiana has experienced a recent boom in home rehabbing and reselling, with flipping rates increasing 9% in the past year. Many properties in low income housing areas are currently being redeveloped into more expensive properties, particularly in the popular French Quarter of New Orleans. With a stable market and an abundance of older properties to rehab in excellent areas, now is the perfect time to invest in properties in Louisiana.