Oklahoma Hard Money
Oklahoma hard money news! DoHardMoney now loans to investors in Oklahoma. We fund fix and flip investments, rental properties, refinance cash outs and even some new construction! We can fund up to 70% of the ARV. And your experience level doesn’t even matter, we can work with you even if it is your very first deal.
We created hard money loan programs that will allow you to close quickly. We want to be successful, we want to help your business grow!
Fix and Flip – Refinance – Buy and Hold – New Construction
No Experience Required
No Minimum Credit Score
Interest rates starting at 7.99%
Loans from $50k – $5M
No prepayment penalty
Up to 100% advance on rehab costs
Great service…always there when you need. Keep up the good work!
Oklahoma Hard Money Loan Terms
Check out these great Oklahoma real estate loan terms!
Multiple Deals
YESYes. We allow you to do 3 deals at a time, enabling you to stay busy and rake in even more profit at a faster pace.
Experience
NONEMany other lenders either won’t lend to you or will jack up their prices unless you have prior experience, but we’re all making profitable real estate investing accessible to anyone.
Credit Score
NONE (No Judgements/Get Credit Partner)None. A bad credit score will affect your points and interest, but because we lend on the property’s after repair value it won’t keep you from getting a loan
Interest Rate
7.99-15%+ (Annual)Our interest rates of 7.99-15%+ annually fall pretty middle of the road. We are not the cheapest, nor the most expensive, but our 100% financing options allow you to leverage our money.
Purchase Price
75-100%We will cover 75-100% of the purchase price.
Advance on Rehab Costs
50-100%We will provide 50-100% advances on rehab costs.
After Repair Value
60-70%We lend up to 70% of the ARV. We will fund everything but earnest money as long as it fits within 70% of the ARV.
Property Type
Single Family Residences, Duplex, Multi FamilyWe will lend on a variety of different properties including single family residences, duplexes and multi-family.
Refinancing
AVAILABLEYes. With traditional lenders limited to strict loan parameters, we focus on equity over borrower financials. This gives you the liquidity needed for your individual situation.
Fix and Flip
AVAILABLEFix and flip options are available.
Rental
AVAILABLERental options are available.
Construction
AVAILABLEConstruction is available.
Refinancing
AVAILABLEYes. With traditional lenders limited to strict loan parameters, we focus on equity over borrower financials. This gives you the liquidity needed for your individual situation.
Fix and Flip
AVAILABLEFix and flip options are available.
Rental
AVAILABLERental options are available.
Construction
AVAILABLEConstruction is available.
Oklahoma Real Estate Market Statistics (2015)
Oklahoma is more than a popular Broadway musical…with small mountain ranges, prairie, mesas and eastern forests, Oklahoma is a beautiful place to call home. It has one of the fastest-growing economies in the U.S. and has recently skyrocketed in popularity among real estate investors. Over the past year, Oklahoma has seen a 5% increase in home flips and a 6.8% increase in home values. Oklahoma is an excellent place to find more solid real estate investment properties. It is currently a seller’s market due to the low inventory of houses on the market and the high number of buyers. Finding and rehabbing a great deal in Oklahoma will provide tremendous profit and a quick turnaround on receiving your cash. According to Newsok.com, “The real estate market in Oklahoma is primed for continued stable growth.”
Purchase Price
Gross Margin
Number of Houses Flipped
% Change in Houses Flipped
