R.E. Rehabbers Search for Hard Money Lenders in Utah
Utah real estate investors that focus on rehabs are continuously on the search for new hard money lenders in Utah. This is a State where nearly every hard money lender has the same loan programs as all of the rest of the hard money lenders in Utah. Most of these hard money lenders in Utah don’t have a special rehab program for real estate investors that focus on rehabs versus investing in buy and hold investment properties. Until now.
Our loan program for real estate rehab investors is like no other. We offer loan amounts up to 95% of the purchase price if the after repaired value of the property is sufficient. 12% interest only, and 3 points as a loan fee is also typical for a 9 month term with no prepayment penalty. This type of rehab program is perfect for real estate investors that specialize on investment rehabs and is the first of its kind in Utah. Most hard money lenders in Utah will lend between 65% and 75% of the purchase price on a rehab investment. This makes it tough for real estate investors who need to free up their cash to use for repairs.
To learn more about our real estate loans for rehab, investment property purchases, click here: https://privatemoneyutah.com/rehab-loan-program/