Do you want Mississippi hard money loans for house flipping where you’ll need to bring as little cash to close as possible? We do that kind of funding. Because we fund up to 70% of the ARV, and that funding can include not only the purchase but all the money you need to renovate the house and even the loan costs. If all of those things total less than that 70% you can even get 100% financing on your deal. The other Mississippi hard money loan options we have will work for more experienced investors who need lower interest rates or perhaps want to buy a rental property.
Mississippi Hard Money Loan Terms
What Are the Details?
You can get up to 100% financing on qualified deals
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 Are the Costs?
Interest starting at 1.25% per month on low and no cash to close loans
Origination starting at 5.5% on low and low cash to close loans
No monthly payments
We allow you to combine our loan with gap financing
No pre-payment penalty
Why Get Your Loan From Us?
We disclose all fees and costs when we make the loan offer
We’ve implemented foreclosure protection unique to us
We can lend to you even if you’ve never flipped a house before
Poor or bad credit? We can work with that!
We will even fund more than one flip at a time for you
Anytime my clients or myself need financing, I will recommend DoHardMoney.com. They motivate me to want to do more deals.
Mississippi Real Estate Market Statistics (2015)
Mississippi is known as the “Magnolia State” and is rich in forests, rivers and gorgeous landscapes. Its natural beauty and vast historical sites have made Mississippi a popular place for real estate. The number of flipped houses has increased 12% in the past year and the average home value has risen 3.2%. In the past year, home appreciation rates in Mississippi have been some of the highest in the nation. Mississippi is currently experiencing a seller’s market. Beth Hansen, CEO of the Mississippi Association of Realtors, said “It’s all about supply and demand. Right now there’s strong demand.” Reflecting these statistics and the recent demand for housing, the timing couldn’t be better to invest in properties in Mississippi.
Number of Houses Flipped
% Change in Houses Flipped
DHM does not guarantee that each or any particular Mississippi hard money loan deal funded will result in profit.
Mississippi Real Estate Opportunities
Our hard money loan programs will help you take your business to the next level. We can work with both experienced and new investors.