Hard Money Loans in Pennsylvania
From the job opportunities in Pittsburgh to the fun of the Pocono Mountains, there's something for everyone in the Keystone State. But Pennsylvania isn't just a great place to live—it's also a great place to invest in real estate. The fix and flip market is strong and rental properties are always in demand. If you're looking for an investment, Pennsylvania should definitely be on your radar.
Pennsylvania Loan ApplicationInvestment Properties in Pennsylvania
You're in the driver's seat when it comes to real estate in Pennsylvania! Whether you're looking to flip a property and sell it for more than $291,100, buy a rental property and earn an average of $1,181 per unit each month, or buy one of the 10,330 empty lots for a new construction, Pennsylvania has plenty of opportunities that can get you across the finish line.
Once the home of the steel industry, Pennsylvania has since diversified its economy to include healthcare, education, and manufacturing. The state is also home to a number of top employers, including Amazon, FedEx, UPS, Comcast, Honda, PNC Financial Services, and Rite Aid. Pittsburgh has also become a home to many technology offices including Google's Research Division. Many employees urged Google to move their work to a more economically and real estate-friendly area. Pittsburgh was a natural choice due to many research employees being graduates of Carnegie Mellon University and a more bang-for-your-buck city living experience. Because Pittsburgh neighborhoods were going through a transition a decade or two ago, many real estate investors found fix and flip loans the most lucrative opportunity. With well-paid employees flocking to the city and looking to buy in close proximity to work, there was profit to be made. Because of the continued growth of real estate needs, all types of loans or investments, such as fix and flip, hard money lending, private money for rental properties, and more were available or used. With a plethora of financial institutions among local companies, this city may be your ticket to future real estate investment growth.
If you're looking for things to do in Pennsylvania, you won't be disappointed. The state is home to several top attractions, including the Liberty Bell, Independence Hall, and the Gettysburg battlefields. Pennsylvania is also home to several world-famous museums, including the Philadelphia Museum of Art and the Carnegie Museum of Natural History. And if you're looking for a little outdoor adventure, you can hike through the Allegheny National Forest or paddle down the Delaware River. Pennsylvania is underrated for its vast areas of hiking and natural beauty, its large metropolitan areas, and proximity to other destinations including New York City or natural destinations in Ohio, West Virginia, and more. Pittsburgh and Philadelphia each carry multiple, nationally popular sports franchises, all home to new facilities. Pittsburgh is growing in popularity due to its food and music scene which is underrated. Philadelphia continues to expand its offering of historical societies, buildings, tours, and more. You can find a new activity to discover more United States history on each visit than most other cities.
A quick look at Pennsylvania's demographics shows that 12.7% of residents are between the ages of 25 and 34, 15.9% are between 35 and 44 and 38.7% are over 44 years old.
Don't stay on the sidelines in Pennsylvania - get in gear and work with LSM to make your capital go further!
Once the home of the steel industry, Pennsylvania has since diversified its economy to include healthcare, education, and manufacturing. The state is also home to a number of top employers, including Amazon, FedEx, UPS, Comcast, Honda, PNC Financial Services, and Rite Aid. Pittsburgh has also become a home to many technology offices including Google's Research Division. Many employees urged Google to move their work to a more economically and real estate-friendly area. Pittsburgh was a natural choice due to many research employees being graduates of Carnegie Mellon University and a more bang-for-your-buck city living experience. Because Pittsburgh neighborhoods were going through a transition a decade or two ago, many real estate investors found fix and flip loans the most lucrative opportunity. With well-paid employees flocking to the city and looking to buy in close proximity to work, there was profit to be made. Because of the continued growth of real estate needs, all types of loans or investments, such as fix and flip, hard money lending, private money for rental properties, and more were available or used. With a plethora of financial institutions among local companies, this city may be your ticket to future real estate investment growth.
If you're looking for things to do in Pennsylvania, you won't be disappointed. The state is home to several top attractions, including the Liberty Bell, Independence Hall, and the Gettysburg battlefields. Pennsylvania is also home to several world-famous museums, including the Philadelphia Museum of Art and the Carnegie Museum of Natural History. And if you're looking for a little outdoor adventure, you can hike through the Allegheny National Forest or paddle down the Delaware River. Pennsylvania is underrated for its vast areas of hiking and natural beauty, its large metropolitan areas, and proximity to other destinations including New York City or natural destinations in Ohio, West Virginia, and more. Pittsburgh and Philadelphia each carry multiple, nationally popular sports franchises, all home to new facilities. Pittsburgh is growing in popularity due to its food and music scene which is underrated. Philadelphia continues to expand its offering of historical societies, buildings, tours, and more. You can find a new activity to discover more United States history on each visit than most other cities.
A quick look at Pennsylvania's demographics shows that 12.7% of residents are between the ages of 25 and 34, 15.9% are between 35 and 44 and 38.7% are over 44 years old.
Don't stay on the sidelines in Pennsylvania - get in gear and work with LSM to make your capital go further!
✓ Just a few of the locations we service - Pottstown, York, Allentown, Reading, Erie, Philadelphia, Scranton, Lancaster, Harrisburg, Pittsburgh
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Loan Summary Information for Pennsylvania
Getting the right funding in Pennsylvania can be challenging but we can help; Lend Some Money (LSM) offers private money for real estate, built for your local investment needs in Pennsylvania. 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 Pennsylvania. Read on to learn more about our current offerings in Pennsylvania.
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