Can You Fund My DC REhab If I Have Bad Credit?
Yes, we can fund it! We specialize in opening the door to financial freedom to those who cannot obtain traditional hard money loans. Your low credit score will not keep you from getting a rehab loan from us. When you enroll in our Find-Fund-Flip Education System you’ll learn how to find the type of deal we can fund for you.
The District of Columbia is a great place for Real Estate Investors, so we’ve constructed our loan programs to help D.C. borrowers. We know that flexibility is key, different investors and properties require solutions that will allow for quick closing. We’ll help you fund your purchase, rehab and flip! DoHardMoney can typically lend up to 70% of the After Repair Value. Give us a call!
D.C. 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
District of Columbia Real Estate Market Statistics (2015)
Washington DC is not only filled with beautiful landmarks and historic sites; it is also one of the most solid states in the U.S. for real estate investments. Listed in RealtyTrac as the top state to fix-and-flip homes, DC has seen an increase of 12% in flipped homes and 2.9% in home value over the past year. One of the hottest locations in real estate investment, DC has topped the Best Cities to Flip lists. DC suffered almost no losses during the recession and has proven to be a solid state in which to invest. Take advantage of these incredibly lucrative cities by investing in DC properties today.
Number of Houses Flipped
% Change in Houses Flipped
* DHM does not guarantee that each or any particular deal funded in Washington DC will result in profit
D.C. Hard Money Loans
Private money hard money loan options for all of your DC investments.