Hard Money Lender Rhode Island – Fix and Flip, Ground up Construction, DSCR, Commercial and Asset-Based
As the go-to hard money lender in Rhode Island, HardMoneyMan.com offers hard money loans in RI with fair terms and a fast process. Click the button to get started by sending a few quick pieces of info.
Submitting your application package is quick and easy.
Hard Money Lenders in Rhode Island
HardMoneyMan.com LLC provides private hard money loans throughout Rhode Island for real estate investors who need speed, flexibility, and certainty of execution.
We specialize in short-term financing for acquisitions, renovations, rentals, construction, and equity-based deals across Providence County, Kent County,
Washington County, and Newport County.
Our underwriting is focused on the property, the numbers, and the exit strategy — not tax returns or bank overlays.
This allows investors to move quickly in competitive Rhode Island markets where timing matters.
Why Investors Use Hard Money Loans in Rhode Island
Rhode Island’s limited housing inventory, older housing stock, and dense urban markets create ideal conditions for value-add investing.
Traditional lenders often struggle with property condition, mixed-use zoning, or investor timelines — which is where hard money financing excels.
- Fast closings on distressed or off-market properties
- Flexible terms for renovations and repositioning
- Financing for older homes and mixed-use assets
- Asset-focused underwriting instead of income verification
We Lend in:
Providence, Warwick, Cranston, Pawtucket, East Providence, Woonsocket, Newport, Central Falls, Westerly, Valley Falls and other cities in Rhode Island
Fix & Flip Loans in Rhode Island
Short-term financing designed for investors purchasing properties that require renovation before resale.
Loans are structured to cover acquisition costs and renovation budgets while minimizing upfront capital.
- Up to 90% of purchase price
- Up to 100% of rehab costs
- Interest-only payments
- 6–18 month terms
Service Areas: Providence, Cranston, Pawtucket, Warwick, East Providence, Woonsocket
DSCR Rental Loans
DSCR loans are designed for stabilized rental properties and are qualified primarily on the property’s cash flow rather than personal income.
These programs are ideal for investors building long-term rental portfolios in Rhode Island.
- No personal income verification
- Qualification based on rental income
- Available for 1–4 unit and small multifamily properties
Service Areas: Providence Metro, Warwick, Pawtucket, East Providence
Ground-Up Construction Loans
Financing for new residential construction projects, including single-family and small multifamily developments.
Loans are structured with draw schedules tied to construction milestones.
- Lot acquisition and construction financing
- Interest-only during construction
- Draws based on verified progress
Service Areas: Statewide Rhode Island
Asset-Based Loans
Asset-based loans are equity-driven financing solutions that focus strictly on the property’s value.
These loans are best suited for investors with significant equity who need liquidity without traditional qualification requirements.
- Up to 50% loan-to-value
- No income documentation required
- Flexible use of proceeds
Service Areas: All counties in Rhode Island
Rhode Island Fix and Flip Loans
Rhode Island Ground up construction loans
30 Year DSCR Rental Loans in Rhode Island
Rhode Island 5+ unit apartment building lender
Asset Based Loans in Rhode Island
Commercial Hard Money Loans in Rhode Island
Rhode Island Investment Loan Case Studies
Fix & Flip – Providence
Financed the purchase and renovation of a three-bedroom colonial requiring structural and cosmetic upgrades.
Loan closed in 8 business days with full rehab funding.
DSCR Refinance – Warwick
Refinanced a stabilized four-unit rental property using cash-flow-based underwriting with no personal income verification.
Asset-Based Loan – Pawtucket
Provided an equity-based loan at 50% LTV on a mixed-use property with strong underlying value and clear exit strategy.
Supporting Investors Across Southern New England
Rhode Island investors often purchase properties throughout Southern New England. We provide hard money loans in
Massachusetts
and
Connecticut,
with consistent terms designed for multi-state real estate portfolios.
Frequently Asked Questions About Hard Money Loans in Rhode Island
What is a hard money loan in Rhode Island?
A hard money loan is a short-term real estate loan secured by property value rather than personal income or credit history.
How quickly can a hard money loan close in Rhode Island?
Most hard money loans close within 7 to 10 business days once due diligence is complete.
Do hard money lenders in Rhode Island require income verification?
Income verification is typically not required. Approval is based on property value, project feasibility, and exit strategy.
Can hard money loans be used for rental properties?
Yes. DSCR rental loans are available for income-producing properties once they are stabilized.
Are hard money loans available for older properties?
Yes. Older and distressed properties are commonly financed using hard money due to flexible condition requirements.
What fees are associated with hard money loans?
Fees generally include origination points, third-party reports, and closing costs, all disclosed upfront.