Hard Money Loans in North Dakota
North Dakota is often overlooked as a destination for real estate investment, but it has a lot to offer. The state is home to many attractions, including the International Peace Garden and the Lewis and Clark trail, as well as opportunities for hiking, camping, and skiing. If you’re looking for fix and flips, new construction, or rental properties be sure to add the Peace Garden State to your list.
North Dakota Loan ApplicationInvestment Properties in North Dakota
North Dakota is a great place to invest in real estate. The local economy is strong and homes are selling for a median price of $273,900 this year. There are also many rental properties that yield strong returns, averaging more than $1,084 in rental income per unit each month.
North Dakota boasts a strong and diversified economy. The state's top employers include major companies in the healthcare, energy, retail, and manufacturing sectors. Walmart, Microsoft, Amazon, Target, Lowe’s, and Costco are some of the leading companies in the Peace Garden State Because of the diverse companies in well-established industries, certain pockets of North Dakota will depend on real estate investments to drive not only economic growth but housing needs as well. A well-rounded corporate presence in historically strong categories makes many cities ripe for profit in your real estate ventures.
North Dakota's population continues to grow. Demographics show that 12.0% of residents are between the ages of 25 and 34, 15.3% are between 35 and 44 and 36.3% are over 44 years old.
Submit an application today to start investing in real estate with money from LSM.
North Dakota boasts a strong and diversified economy. The state's top employers include major companies in the healthcare, energy, retail, and manufacturing sectors. Walmart, Microsoft, Amazon, Target, Lowe’s, and Costco are some of the leading companies in the Peace Garden State Because of the diverse companies in well-established industries, certain pockets of North Dakota will depend on real estate investments to drive not only economic growth but housing needs as well. A well-rounded corporate presence in historically strong categories makes many cities ripe for profit in your real estate ventures.
North Dakota's population continues to grow. Demographics show that 12.0% of residents are between the ages of 25 and 34, 15.3% are between 35 and 44 and 36.3% are over 44 years old.
Submit an application today to start investing in real estate with money from LSM.
Loan Summary Information for North Dakota
Getting the right funding in North Dakota can be challenging but we can help; Lend Some Money (LSM) offers private money for real estate, built for your local investment needs in North Dakota. Whether you flip houses, or are interested in building a new home to sell, or a rental for the long term, LSM has a product that can help. We are one of the premier hard money lenders in North Dakota. Read on to learn more about our current offerings in North Dakota.
| Loan Products | FICO | $ Loan | Term | Rate | Points |
|---|---|---|---|---|---|
| FIX&FLIP (BRIDGE) | 620+ | $75K+ | 12-24 Mos | 10.25%+ | 2-4 |
| RENTAL (1-4) | 660+ | $75K+ | 30-Yrs | 7.59%+ | 1-4 |
| RENTAL (5+) | 680+ | $250K+ | 30-Yrs** | 7.89%+ | 2-5 |
| NEW CONSTRUCT | 650+ | $75K+ | 12-24 Mos | 10.89%+ | 2-4 |
All loans must be used for non-owner occupied properties purchased for investment. Commercial properties are not eligible for lending unless they are mixed use and comprise at least 50% residential use.
** 30 Years 5, 7, 10 or interest only