Buy Now Hard Money
Buy Now Hard Money is a hard money lender that offers loans for fix and flip investors in Massachusetts and New Hampshire. Rates range between 10% to 12% and they’ll lend up to 75% LTV and up to 70% ARV. There are no reviews available online except those from their website.
|Business Name:||Buy Now Hard Money|
|Business Address:||440 Middlesex Road, Suite 234 Tyngsboro, MA 01879|
|Business Established:||no info|
Buy Now Hard Money Rates & Terms
|Types of Properties||Single family rehab projects|
Multi family acquisitions and rehab
Commercial acquisition and development
|Loan Amount||$100,000 to $1 million|
|LTV||75% to 85% of purchase price|
|ARV||Up to 70%|
|Interest Rates||10% to 12%|
|Lender Fees||2 to 3 points paid upfront|
Will occasionally accrue points and interest until maturity
|Loan Terms||6 to 12 months|
|Minimum Qualifications / Documentation||No Credit Score requirements|
No income verification
First position only, secured with real estate
Borrower must be LLC or Inc.
Non-owner occupied properties only
|Time to Funding||Within 2 weeks or less|
|Other Financing Available||Commercial Bridge Loans|
Land loans at 50% downpayment
*Exceptions may be granted. Lender information is updated often, however exact lender terms may have changed.
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States Currently Lending In
Massachusetts, New Hampshire