100% Hard Money Loans

100% Hard Money Financing

I got your money, right here…..

I know, all over the Internet it says you can get 100% hard money loans for your deals. And you can, IF you have a true private lender or friend financing you. You may even find a reputable person to partner on a deal with you, and bring in funds.

Beware of websites promising 100% Hard Money Loans. Most of them exist to take your “membership fee” or other large upfront fees totaling thousands of dollars. DON’T do it.

They make most their money from charging up front fees, NOT lending money. Although a few of them may actually do a loan for a slam dunk killer deal, if they do, they’ll end with most of the potential profit too.

Real Hard Money Financing

In my world, we require you to have some money invested in the deal. In short, if you’re not willing to put your money in the deal, why should I?

For budgeting purposes, plan on 20% of the purchase and rehab funds from your own money, plus closing costs. Most loans we do end up at 15% from you, but you should plan appropriately. On the low side, you may need as little as 10% of the purchase price, and get all the rehab funded for you. It really depends on the specifics of the deal, and your experience.

Upfront fees? Not normally. Every now and then for an unusual deal, there will be an upfront fee. Even where there is, you only pay it AFTER we approve you AND we approve your deal. We don’t have a fee to join some “special club” to get access to overpriced financing.

When we ask for one it’s to cover some of our up front expenses and to weed out people who aren’t really serious. If for some reason, we can’t do your deal after we’ve approved it we will refund it to you. (Assuming you provided good information.)

30 thoughts on “100% Hard Money Loans”

    1. We can fund up to 90% of purchase and 100% of the rehab when you’re getting a great deal on your purchase price. How much of a discount are you getting on the CURRENT value of the house? The purchase loan cannot be greater than 70% of the current value. For example: The house is worth $100,000 today, as is. You have it under contract for $80,000. You need $10,000 down, to make the $70,000 loan.

      Send me some property details, and we can take a look.

      Send me:
      • Property Address
      • Purchase price
      • As-is value
      • Rehab cost
      • After repair value

      1. 4310 S 343rd St Auburn WA 98001
        $220000 rehab cost $30000
        After repairs $370000

  1. Looking for a private mortgage for an Established Equine Facility . We would reside there and run the business. Please advise. Have 50,000 to put down would need 650,000 . Thanks
    Jeff A

  2. 65000 on 2 properties. 1 ev at 100,000-125,000 when fixed other for home base. Trying to build a business.

    1. Where are the properties? It looks like one is doable. We can’t lend on the property you will live in.

  3. I’m trying to get in the rental house business . I can’t seem to find anyone willing to loan small amounts! Do you have any lenders for 30k loans?

    1. Very few. You need excellent credit and financials to get approved for the small loans. It helps if you are trying to finance 3 or 4 of those at the same time.

  4. 8478469597…have 10 unit rental units, not owner occupied , loss the 6 unit property to fire and took 2 yrs. To restore while still paying mortgage, taxes etc and maintaing my home. Lost savings and maxed credit cards..want to finish restoring and then sell…need funds

  5. Spoke with Seth yesterday. Wealth of information, and sounds like an all around good guy to know. After a full day of speaking with people used to double speaking, finally getting to Seth was
    a breath of fresh air. I hope dealing with Dayton Capital Partners always play out well, and Seth
    has made me believe that this is possible.

    Great day

    1. Thanks for the compliment. Seth is a good guy. We’re investors too, so we tell it like it is. No over-inflated promises or other BS.

    1. For the property:
      – ARV over $120,000
      – Purchase price 20% under As-is market value

      – 10% down
      – Additional cash for operating capital

      There are several other minor items checked too. Almost everyone who meets those first 4 gets funded.

  6. What credit score do you all require?
    I saw in one post 2-3 small deals can be funded at a time if they are grouped together.. would u b able to find a property $45,000 as is and it appraised for 60,000 b4 repairs. I would need about $10,000 for repairs. How much do I need down?

    1. For a purchase, you’ll typically need 20-25% down. However, this can vary with the specifics of the deal.

      There is no minimum credit score. However, the better it is, the better financing that is available.

  7. We are looking at a property whose asking price is 179k (forclosure) and current value is 312k and renovations/updates are right around 20k. With these figures, both LTV and ARV are less than 70%. Is it possible to get more financing on this type of deal? We have 10k out of pocket. This would be our first flip.

    1. Not normally. If we had a track record of working together, it’s possible an exception could be made.

  8. Please don’t leave specific deal questions or personal questions here. Due to privacy concerns, please send them to us via email.

  9. Do you lend in Maryland? Are you a direct lender? Question about your draw request on rehab funds; what is the turn around time for inspection for draw request and what is the turn around time for receiving the draw?

      1. Are you a direct lender? Question about your draw request on rehab funds; what is the turn around time for inspection for draw request and what is the turn around time for receiving the draw?

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