Hard money loans are essential when you have a real estate investing business, DoHardMoney.com wants to be your New Mexico hard money lender! We fund up to 70% of the ARV, and we can fund your fix and flip, your rental property purchase or your refinance. Whether you are new to real estate investing or an old hand we have loan options for your next investment. Give us a call!
New Mexico 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
New Mexico Real Estate Market Statistics (2015)
New Mexico is known as the “Land of Enchantment,” and for good reason. This gorgeous state is filled with beautiful forests, canyons, historic trails and exciting caverns. New Mexico also has many charming and safe neighborhoods as well as preserved native pueblos which are popular among tourists. New Mexican home values have grown 0.7% over the past year. New Mexico is a particularly good state to take advantage of numerous foreclosure deals. You can purchase these properties at incredible discounts and resell them at higher margins. According to the Albuquerque Journal, “residential real estate is starting to show some improvement over the last year,” so if you jump on these investment opportunities now, you will be able to see an excellent return on your New Mexico investments.
Number of Houses Flipped
% Change in Houses Flipped
* DHM does not guarantee that each or any particular New Mexico real estate deal funded will result in profit