Market Leading Hard Money Milwaukee for Real Estate Investors since 1998
The Leading Hard Money Lenders making Investment Property loans in Milwaukee since 1998.
Fix and Flip, Rental and Construction Hard Money Loans
What do Hard Money Lenders in Wisconsin do?
Hard money lenders in Wisconsin play a crucial role in real estate financing. Here’s what they do:
- Quick Financing:
- Hard money lenders provide rapid access to capital for real estate investors.
- They focus on speed, making them ideal for time-sensitive deals.
- Asset-Based Lending:
- Unlike traditional banks, hard money lenders emphasize the property’s value rather than the borrower’s creditworthiness.
- They evaluate collateral (the property) to determine loan eligibility.
- Short-Term Loans:
- Hard money loans are short-term, typically ranging from 12 months to 2 years.
- Investors use them for house flips, renovations, or bridge financing.
- Investment Properties:
- Hard money lenders work with real estate investors, flippers, and developers.
- They finance projects like buying distressed properties, renovating, and reselling.
- Higher Interest Rates:
- Hard money loans come with higher interest rates compared to conventional mortgages.
- Borrowers accept this trade-off for quick funding.
- Less Stringent Qualifications:
- Borrowers can secure hard money loans even with sub-par credit scores or unconventional income sources.
- Customized Solutions:
- Hard money lenders tailor their offerings to meet specific investor needs.
- Whether it’s a fix-and-flip, bridge loan, or rental property, they provide customized solutions.
Remember that hard money loans are a tool for specific situations, and borrowers should carefully consider the terms and costs before proceeding
What type of Loan Programs do Hard Money Lenders in Milwaukee offer?
Hard money lenders in Milwaukee offer various loan programs tailored to real estate investors’ needs. Here are some common loan options:
- Fix-and-Flip Loans:
- Designed for investors purchasing distressed properties, renovating them, and selling for a profit.
- Quick approval and funding allow investors to seize opportunities.
- Rental Property Loans:
- Financing for acquiring and rehabilitating rental properties.
- Investors can stabilize the property and generate rental income.
- Bridge Loans:
- Short-term financing to bridge the gap between property acquisitions or refinancing.
- Useful when timing is critical (e.g., buying before selling another property).
- Construction Loans:
- For ground-up construction or major renovations.
- Lenders release funds in stages as the project progresses.
- Cash-Out Refinance:
- Investors refinance an existing property to access equity.
- The released funds can be reinvested in other projects.
Ken has been a hard money lender for over 25 years. He has funded over 25k deals for investors in that time. Ken specializes in fix and flips, ground up spec construction and 30 year DSCR loans. He is also a real estate investor in NJ and NY.
EXCELLENT Based on 25 reviews Shaun Dozier2022-10-27Trustindex verifies that the original source of the review is Google. My company has closed over 5 deals with Ken Vesely . He's very knowledgeable and will get it done . Good communication and responsive! Demetri Williams2021-04-09Trustindex verifies that the original source of the review is Google. This is the best lender I've used for all my deals. Very fast and efficient. Never any glitch always a smooth sail to closing. Don't waste your time using someone else. Dario Olivere2021-01-05Trustindex verifies that the original source of the review is Google. I have closed multiple deals with Ken. He’s to the point, very straight forward and won’t lead you on. He’s helped guide me along the way. I will always recommend him to my friends and I will always use him for my deals. Tom Tinsey2021-01-05Trustindex verifies that the original source of the review is Google. This was my first time using any type of hard money financing so I had tons of questions along the way. Ken answered every one and even helped me out a lot with great recommendations as far as building my real eatate portfolio. Look forward to working with him on future deals and would recommend. No nonsense. No bs. All buisness!! Brandi Pernell2021-01-05Trustindex verifies that the original source of the review is Google. The experience my husband’s and my company (Kingdom Realty, LLC) had with HardMoneyMan.com, LLC/Ken Vesely was five-star, from our very first interaction to closing. Ken is efficient, responsive, transparent and extremely knowledgeable. He kept his word on all things discussed, with no surprises along the way, which is extremely important with matters such as these. This was Kingdom Realty LLC's first experience with a hard money loan. Ken took the time to answer all of our questions and taught us a lot throughout our loan approval process. We closed our deal in less than 30 days; and would have closed sooner had it not been for the holidays. We are very much looking forward to working with HardMoneyMan.com LLC for our next deal, and strongly recommend this company to others looking to invest in real estate, close a deal quickly, and learn some tips along the way. Christian Rodriguez2020-10-22Trustindex verifies that the original source of the review is Google. I have worked with Ken multiple times and every transaction was a breeze if I have to recommend a straight forward Hard Money Lender, Ken is the man to go with Christina McCann2020-03-03Trustindex verifies that the original source of the review is Google. Great company great experience Joe Matthews2020-01-09Trustindex verifies that the original source of the review is Google. Dealing with Ken and his team is flawless. The process is very streamline from start to finish with excite communication throughout the process
Some of the cities that we lend in: