Direct private lender

Private capital for real estate investors.

American Hard Money provides short-term, interest-only loans for fix-and-flip and multifamily bridge projects in Texas, Connecticut and Florida. Decisions come from the partners who fund them.

Submit a deal Schedule a call with a partner

5 daysClosings in as few as five business days

80%Of purchase price, with rehab financed

NoneNo prepayment penalty

Renovated craftsman home at 1007 W. Baker with a restored front porch — 1007 W. Baker, after renovation

Terms

Lending built around the property.

Every investor and every property is different. We set a program that fits the deal, starting from these terms.

Fix and flip

Acquisition and renovation financing for single-family and small multifamily properties bought to improve and sell.

Multifamily bridge

Short-term financing for multifamily properties through renovation, lease-up or a move to permanent debt.

Term sheet

Indicative terms
Business-purpose loans

Loan amount: $75,000 – $200,000
Interest rate: From 10%, interest only
Loan to purchase price: Up to 80%
Maximum loan to ARV: 65%
Rehab financing: Available
Term: Up to 24 months
Prepayment: No penalty
Closing: As few as 5 business days
Lien position: First mortgage
Borrower: LLC or corporation
Collateral: Non-owner-occupied
Points: Paid at closing
Title and hazard insurance: Paid by borrower

Smaller and larger loans considered. Signed purchase and sale agreement required. All loans subject to underwriting and approval.

Why a direct lender

Banks lend on paperwork. We lend on the deal.

Decisions from the source

You speak with the partners who fund the loan. There is no broker and no committee between you and an answer.

The asset comes first

We place the greatest weight on the property itself. Prior short sales, foreclosures and bankruptcies are acceptable when at least two years old.

Flexible collateral

Equity in other properties can be cross-collateralized to provide the full funding a project requires.

Experience on both sides

Our partners bring more than 40 years of combined experience buying, building, renovating and financing real estate.

Process

From contract to closing.

1
Submit the deal
Share the property, purchase price, renovation budget and after-repair value through our form or on a call.
2
Review terms
We evaluate the property and your plan and return with loan terms for your consideration.
3
Close
With clear title, we can close in as few as five business days and fund your renovation.

Helpful to have ready: purchase contract, renovation budget and scope, ARV comparables, entity documents, and a summary of past projects.

Track record

Hundreds of transactions.

Single-family renovations and small multifamily across Connecticut and Florida, and now Texas.

1007 W. Baker before renovation — 1007 W. Baker, before

Three-family home in Windsor, Connecticut — Three-family, Windsor, Connecticut

Single-family home in St. Petersburg, Florida — St. Petersburg, Florida

Brick apartment building on Capital Avenue, Connecticut — Multifamily, Capital Avenue, Connecticut

Colonial home in Burlington, Connecticut — Burlington, Connecticut

Single-family home in Plant City, Florida — Plant City, Florida

Single-family home in Bristol, Connecticut — Bristol, Connecticut

Principals

The partners behind every loan.

Mike Girard

Partner

Mike is a real estate capital markets executive with more than 20 years of transaction and advisory experience, totaling over $4 billion in investment sales and capitalizations. He founded Framework Realty Advisors and co-founded The Seniors Group, a national seniors housing brokerage platform. Earlier, he helped grow Apartment Realty Advisors, now part of Newmark, from 7 to 19 offices. He is a licensed real estate broker in Texas, Oklahoma, Massachusetts and New Hampshire, and a graduate of Babson College.

mike@americanhardmoney.com

Robert Parker

Partner

Rob has built his career buying, building, renovating and selling properties. As managing partner of Flip It Funding, he provided short-term financing to experienced investors in Connecticut and Florida. He understands the challenges investors face in construction and in financing, and works directly with borrowers on each deal.

robert@americanhardmoney.com

Questions

Frequently asked.

Who do you lend to?

Real estate investors acquiring non-owner-occupied investment property through an LLC or corporation. We do not lend on primary residences.

How quickly can you close?

In as few as five business days when title is clear.

How important is my credit?

Less important than at a bank. We focus on the property and the plan. Prior short sales, foreclosures and bankruptcies are acceptable when at least two years old.

How much can I borrow?

Up to 80% of the purchase price, with the renovation budget available to finance. Total loan amount is limited to 65% of after-repair value. Most loans fall between $75,000 and $200,000; smaller and larger loans are considered.

What are the costs?

Interest-only rates from 10% to 12%, with points paid at closing. The borrower provides the lender's title policy and hazard insurance.

Is there a prepayment penalty?

No. You may repay at any time.

Can other properties serve as collateral?

Yes. We can cross-collateralize additional properties to reach the funding your project requires.

Where do you lend?

Texas, Connecticut and Florida.

Submit a deal

Tell us about the property.

Share the details below and a partner will review the deal and respond with terms.