Northwest Indiana Hard Money Lenders
We provide direct private loans to help investors achieve project success.
Loan includes a rehab budget which is 100% funded.
Close fast with no pre-payment fee.
Allows non-owner occupied investors to leverage their funds.
Participate in a transaction without bringing funds to the table.
Hard Money Lenders in Northwest Indiana
FlipCo Financial powers Northwest Indiana’s diverse real estate market with innovative hard money lending solutions. From lakefront properties in Michigan City to urban developments in Hammond, we understand the unique dynamics of “The Region.” Our local expertise spans Lake, Porter, and LaPorte counties, whether you’re flipping historic homes in Crown Point’s downtown square, developing modern properties near the South Shore Line expansion, or renovating multi-family units in Valparaiso’s university district. As Northwest Indiana evolves into Chicago’s preferred suburban destination while maintaining its industrial strength, investors need a lending partner who understands both the area’s proximity advantage and its independent spirit. Our hard money loans fuel projects across The Region’s most promising areas – from Munster’s hospital corridor to Portage’s marina district. The area’s transformation is evident everywhere: the Indiana Dunes’ national park status driving tourism, the Digital Crossroads data center attracting tech investment, and the Double Track project creating transit-oriented development opportunities. We offer funding solutions for savvy investors capitalizing on Northwest Indiana’s unique position as a market where Chicago accessibility meets Indiana affordability, creating steady housing demand from Illinois transplants seeking lower taxes and lakefront living. With funding decisions faster than a South Shore train to Chicago and terms clearer than Lake Michigan on a summer morning, FlipCo Financial helps you navigate opportunities in a market where industrial heritage meets suburban luxury. Whether you’re transforming properties in Schererville’s restaurant row, developing near Gary’s lakefront, or renovating homes in Highland’s historic districts, we provide the quick, flexible funding needed to succeed in The Region’s evolving real estate landscape.
The Chicago Exodus Opportunity
Northwest Indiana is experiencing an unprecedented migration wave from Illinois, but this isn't your typical suburban sprawl. With Illinois property taxes among the nation's highest (averaging $4,942) compared to Indiana's modest rates (averaging $1,507), The Region offers investors a unique opportunity to capture value from tax-motivated relocations. Properties that would cost $500,000 in Chicago suburbs like Orland Park or Tinley Park can be acquired for $300,000 in comparable Northwest Indiana communities, while commanding similar rents. This price arbitrage, combined with Indiana's landlord-friendly laws and lower property tax burden, creates a distinctive investment advantage that few other markets can match. The migration trend is further accelerated by remote work adoption, allowing Chicago professionals to keep their high-paying jobs while living in more affordable Indiana communities.
The Double Track Transformation
The $649 million Double Track project isn't just another transit improvement - it's revolutionizing property values along the South Shore Line. This massive infrastructure investment will cut Chicago commute times by 33% and create new transit-oriented development opportunities around stations in Michigan City, Gary, and Hammond. Unlike typical transit projects, this one connects directly to Chicago's Loop, making Northwest Indiana effectively a Chicago suburb with Indiana's business-friendly environment. Early investors are already seeing appreciation in neighborhoods within walking distance of stations, particularly in Michigan City where the realignment is spurring a complete downtown renaissance. This isn't speculation - it's backed by $2.3 billion in private development already committed along the rail corridor.
The Industrial Renaissance Premium
While other regions struggle with abandoned industrial sites, Northwest Indiana is experiencing an industrial renaissance that's creating unique real estate opportunities. The $4.5 billion Cleveland-Cliffs steel plant modernization in Burns Harbor, the Digital Crossroads data center in Hammond, and the massive Fulcrum BioEnergy plant represent billions in new industrial investment. This isn't your grandfather's steel mill economy - it's clean tech, data centers, and advanced manufacturing creating high-paying jobs. Properties near these new industrial developments, particularly in Porter County and northern Lake County, are seeing increased demand from skilled workers and contractors. The spillover effect is creating value-add opportunities in communities like Portage and Burns Harbor, where industrial innovation meets lakefront living.
Northwest Indiana Hard Money Lenders
Quick closing
Minimal doc collection
All investor loans (non-owner occupied)
No appraisals, credit or background checks
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- Loan includes a rehab budget which is 100% funded.
- Leverage funds for multiple projects at once.
- Asset based approval.
- Quick and virtual rehab reimbursement.
- Close fast with a shortened guaranteed interest.
- No guaranteed interest.
- Stay ultra-competitive while making offers.
- Ideal for quick turnarounds and refinance exit stratgies.
- Allows non-owner occupied investors to leverage their funds.
- Ideal for auction purchases.
- Close with cash and let us put it back in your pocket.
- Get out of high interest rate private and hard money loans.
- Participate in a transaction without bringing funds to the table.
- Have a true closing to report.
- Seamless transaction.
- Bring your wholesaling game up a notch!
What Clients Say About Us!
FAQ's
At FlipCo, we understand that time is of the essence for real estate transactions. We can fund projects within 48 hours of receiving clear title and all underwriting documents.
The most important part of our deal structure is ensuring our client are set up for success. We go the extra mile to ensure that title issues are not overlooked, legal documents are prepared correctly for our clients and that our clients have all the tools they need for their projects. Our client’s success comes before anything else. Check out why we are the best Houston hard money lenders.
The monthly interest payment calculation is explained in detail via the agreed upon Term Sheet that is signed prior to project closing. We charge interest only payments and only ever on funds used. Our Houston hard money lenders will make sure you are notified about your payments well in advance and continually through your investing journey.
Yes, every property we lend on is required to have title, builder’s risk, hazard, and general liability insurance.
- Single Family Residential, up to 4 doors (No Owner-Occupied)
- First lien position
- Previously flooded properties require additional diligence from our underwriting team
- Additional square footage will require a survey prior to funding
At FlipCo, we offer a range of services to meet your real estate financing needs. Whether you’re looking to renovate and sell a property, secure a loan for a rental investment, or in need of a hard money loan, we have got you covered. Our Houston hard money lenders are experienced in providing financing options specifically designed for fix and flip projects, transactional funding rental investments, and refinance a rehab projects. For more information reach out to us here on our website.
When you contact our Houston hard money lenders, they will make sure to give you a check list of all the documents you need to qualify for your loan. Don’t worry, our experts have you covered.
Some Standard Documents of Purchase and Refinance Transactions will include and are not limited to:
– Driver’s License or Passport (ITIN number if you are a Foreign National)
– Purchase Agreement and any addendum(s)
– Proof of Earnest Money Deposit with check or wire receipt
– 2 Months Bank Statements to show the necessary cash to close and liquidity
– Entity Docs – Articles of organization, Operating agreement or Bylaws, EIN #, Corporate Resolution
– Title Commitment, Survey, HOA/Condo Questionnaire (if applicable), E&O, Wire Instructions, CPL, Draft Deed, HUD
– Evidence of Insurance – RCE/Insurable Value Required for Dwelling Coverage and 6 Months Loss of Rent Coverage
We typically approve our clients within 48 hours of receiving all required documents.
We do not require third party appraisals. All underwriting and price opinions are performed in house reducing project costs as well as providing enhanced efficiency to the underwriting process timeline. This makes a top choice for Houston hard money lenders.
- Last 3 months of bank statements
- Financial statement
- Completed borrower application
We offer a 3 and 6 month term.
FlipCo typically does not require a credit check. We pride ourselves on lending on the asset and strategy rather than the borrower’s credit score.
To qualify for a hard money loan, there are a few criteria you must meet. Firstly, if you are refinancing your property, you will need to have equity in it. This means that the value of the property should be higher than the outstanding balance of your existing mortgage.
If you are using the hard money loan for a property purchase, you will typically be required to make a down payment of at least 15% to 20% of the purchase price. Additionally, it is common practice for the property to be purchased under an entity, such as a business or commercial entity, to ensure that it is intended for business or commercial purposes.
These criteria, including having equity in your property for refinancing or making a sufficient down payment for a purchase, as well as utilizing an entity in the transaction, are important factors in qualifying for a hard money loan. FlipCo Financial are the premier Houston hard money lenders and will work with you to get the funding you need.
There are several compelling reasons why borrowers in Houston may opt for a hard money loan from a private lender instead of a conventional loan from a Houston bank:
1. Faster Funding: Unlike conventional banks that typically take 30-45 days or longer to approve and finance a residential loan, a Houston hard money loan from lenders like FlipCo Financial can be funded within a shorter time frame of 5-10 days. This is especially beneficial for borrowers who need immediate capital to secure a property or take advantage of time-sensitive opportunities.
2. Property Condition: Conventional banks often have strict underwriting guidelines that may prevent them from lending on properties in need of repair or upgrades. However, private lenders are more flexible in this regard and are willing to provide financing for properties that may lack cash flow or require renovations. This makes hard money loans a viable option for investors looking to purchase distressed properties or undertake renovation projects.
3. Asset-Based Lending: Unlike traditional banks that heavily rely on a borrower’s credit score, reported income, and debt-to-income ratio, hard money lenders focus primarily on the value of the asset being used as collateral for the loan. This means that borrowers with a less-than-perfect credit history or high debt levels can still be eligible for a hard money loan, as long as the property’s value justifies the loan amount. This asset-based approach opens up borrowing opportunities for individuals such as professionals with high incomes but significant debt obligations who may be turned down by traditional banks.
Overall, choosing a hard money loan in Houston from a private lender offers distinct advantages in terms of speed, property condition flexibility, and a focus on the asset rather than the borrower’s financial standing. These factors make hard money loans a preferred option for those seeking alternative financing options in the Houston market.
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