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ohio Loans

ohio Loans Lender

We’ve helped investors flip homes throughout the US, and now we can offer hard money loans in Alabama. We can work with both experienced flippers and those new to fix and flips. Because we started as real estate investors we’ve created hard money loan programs specifically for real estate investors –

You want to move quickly – so we can fund the purchase and rehab, up to 70% of the ARV. And we can close in as little as 15 business days! Give us a call about your next Alabama hard money loan.

  • 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
  • Up to 100% advance on purchase price
  • Lend up to 70% of ARV
  • 5 – 12 month loan terms
  • Extensions available

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Johan Dave

CEO, DC

ohio Loans Lending Terms

We’re able to provide very favorable terms for our Alabama hard money loans. Whether you’re looking for a short term loan to help with a flip or something m ore appropriate for a rental property we have great options. We can even refinance a property for you so you can make improvements.

Multiple Deals
Yes
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Experiene
Yes
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Credit Score
None
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Interest Rate
7-99
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Purchase
75-100%
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Advance on Rehab
50-100%
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After Repair Value
60-70%
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Property Type
Single Family
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Refinancing
Available
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Fixed and Flip
Available
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Rental
Available
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Construction
Available
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Real Estate Market Statistics (2015)

Alabama is the “Heart of Dixie,” a gem of the South. It is nicknamed the Yellowhammer State, after the state bird. Alabama enjoys a lengthy growing season and is known to be one of the most successful agricultural states. Another perk to living in this beautiful state is the diverse array of flora and fauna and gorgeous greenery. Recently, house flipping has soared in popularity, growing 27% over the past year. Alabama was listed as “one of the most improved housing markets” in the Freddie Mac Multi-Indicator Market Index. According to the Birmingham Business Journal, “Housing markets are on track for their best year in a decade, and that’s reflected in MiMi.”

Population

Housing Units

Number of Flips

%

%Change in Flip

Purchase Price

  • National Average: $188,900 100% 100%
  • Alabama Metro Areas: $175,000 80% 80%

Number of Houses Flipped

  • National Average: $188,900 100% 100%
  • Alabama Metro Areas: $175,000 80% 80%

Gross Margin

  • National Average: $188,900 100% 100%
  • Alabama Metro Areas: $175,000 80% 80%

% Change in Houses Flipped

  • National Average: $188,900 100% 100%
  • Alabama Metro Areas: $175,000 80% 80%

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Additional Opportunities

We fund deal directly in Alabama. We can fund your fix and flip rehab investment. We can refinance your property with ot wothout cash out for rehab. We can even fund your buy and hold deal. Give us a call today!

1934 Homestead Duquesne Rd
1934 Homestead Duquesne Rd
1928 Homestead Duquesne Rd
1928 Homestead Duquesne Rd
3901 Bailey Ave
3901 Bailey Ave
3903 Bailey Ave
3903 Bailey Ave
1366 W 87th St
1366 W 87th St
3443 W 58th St
3443 W 58th St
5924 Denison Ave
5924  Denison Ave
2324 W 38th St.
2324 W 38th St.
565 Avalon Ave
565 Avalon Ave
1367 Bellview St
1367 Bellview St
121 E 267th
121 E 267th