New Jersey Hard Money Lending
Hard Money Lenders in NJ are busy. Why? There are numerous lucrative real estate deals in New Jersey, and Do Hard Money is pleased to offer direct funding for your next fix and flip or refinance property in the Garden State.
Do Hard Money will approve your asset-based NJ hard money 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.
Amazing experience! You simply can’t lose. If you follow the instructions of your account advisor, you WILL make tons of money. Their ‘fill in the blank’ worksheets do all the calculations for you. You know ahead of time whether you are making a good purchase or not. I was a beginner and they made the process fun, profitable and eliminated the risk that I was not willing to take. I can’t wait to do another flip!
Hard Money New Jersey Loan Terms
Due to excellent market conditions, we are able to offer state-specific loan terms for the state of New Jersey.
New Jersey Real Estate Market Statistics (2015)
New Jersey is the 4th smallest state, yet the 11th most populous state, as well as the third wealthiest state in the U.S. In addition to a wide variety of historic landmarks, New Jersey boasts a beautiful coast and exciting nightlife. The Garden State has grown in popularity, with the number of house flips increasing 13% over the past year and the overall home value rising 2.7%. New Jersey provides a large number of REI opportunities, with many of its counties being the hottest areas in real estate. According to Realestatenj.com, “North Jersey communities dominate the list of the most in-demand markets for home buyers.” If you’re looking to make an excellent profit on a rehab deal, New Jersey is the perfect place to take advantage of low property prices and high margins.