Loan Programs
Whether you're applying for a Fix & Flip Loan, Fix-to-Rent Loan, Double-Close Funding, or a Business Line of Credit, we'll get you the funds you need fast so that you can start your project with cash in hand.
REIA Hard Money is a strategic partner of the Milwaukee REIA, and therefore only lends to members of the Milwaukee REIA. Not a member? Sign up today to get access to REIA Hard Money Loans and receive all of our member-exclusive benefits.
Current RHM
Loan Statistics
LOANS CLOSED
41+
Total loans closed in 2024.
TOTAL AMOUNT FUNDED
$6.1MM+
Total loans funded in 2024.
Types of Loans Offered
Fix & Flip
Loan
A Fix & Flip Loan is a short-term financing option for real estate investors aiming to purchase a property, renovate it to enhance its value, and sell it quickly for a profit. This type of loan is designed to cover both the acquisition and renovation costs of the property.
Get fast financing for purchasing and renovating with competitive rates exclusive to Milwaukee REIA members. Paired with our ongoing guidance and support, we'll be your dedicated partner for turning properties into profits.
When you use our Fix & Flip loans, you'll get:
- Up to 100% Loan-to-Cost (LTC) (Max 70% of ARV)
- Up to 100% Rehab Financing (Max 70% of ARV)
- Rates start at 12% and 4 points
- Loan terms start at 6 months (extension available)
Get pre-approved and start your project with cash in hand!
Fix-to-Rent Loan (BRRRR)
A Fix-to-Rent Loan, also known as a BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Loan involves purchasing a distressed property, renovating it to increase its value, renting it out to generate income, refinancing to recover the invested capital, and then repeating the process with the newly acquired funds.
We'll fund both the property purchase and rehab costs, and can work with you upon renovation completion to either BRRRR the loan out through our trusted partner or fund it conventionally.
When you use our Fix-to-Rent Loan, you'll get:
- Up to 100% Loan-to-Cost (LTC) (Max 70% of ARV)
- Up to 100% Rehab Financing (Max 70% of ARV)
- Rates start at 12% and 4 points
- Loan terms start at 6 months (extension available)
Ready to start your project? Get pre-approved today!
Double-Close Funding
Double closings allow you to limit or eliminate the need to expose your own funds in the deal. Commonly used for wholesaling, they allow seamless transfer of property from the original seller to the end buyer without the need to use your own funds.
When timing is crucial, our Double-Close Funding option ensures you don't miss out on valuable investment opportunities. With our support, you can confidently navigate double-closing transactions, knowing that our financial expertise is behind you every step of the way. Please note: both sides of double-closes must be handled by our title company partner.
When you use our Double-Close Funding, you'll get:
- Flat-fee rate of 2 points (calculated from your loan amount)
- Flexible short-notice funding
- Limited risk to assets
Ready to fund your deal? Get pre-approved today!
What We Offer
- Up to 100% of purchase price
- Up to 100% of rehab financing
- No Debt-to-Income (DTI) requirements
- No employment or income verification
- Based on your investor profile and the deal, we can include some of our fees in your loan.
- New/first-time investors eligible
- No credit checks
- Continued guidance through our Milwaukee REIA membership
- Local lender focused on the Greater Milwaukee Area
Our Process
Why REIA Hard Money?
Fast Loan Commitment
Timeliness is important to us. Once the required paperwork is complete, we work quickly to get your loan approved in a matter of days.
Competitive Rates
We offer rates as low as 12% and 4 points, based on your investor profile and the deal, with no hidden fees or surprise closing costs.
Simple Application Process
Our application process is simple - you can fill out our online application in just a few minutes on your phone or computer!
Live and Local
Lending Support
We lend exclusively in the Greater Milwaukee Area and have an expert understanding of the local real estate market.
Fully Transparent
Process
We keep the process fully transparent so there are no questions when it comes to your loan terms.
Long-Term
Partnership
More than just a lender, we strive to be the support you need as a long-term financial partner.