HARD MONEY LENDER OHIO

Loan Goat funds business-purpose real estate loans across Ohio, including Columbus, Cleveland, Cincinnati, Toledo, Akron and Dayton. We are a direct private lender with in-house capital and a single decision maker, so an out-of-state investor gets exactly the same treatment as anyone else. You can use bridge, fix and flip, construction, DSCR rental, commercial or blanket loans here. Call (619) 617-2797 for pricing.

Out-of-state ownership is normal in Cuyahoga County and it changes nothing in our underwriting, because we look at the property, the rent and the exit. DSCR rental suits a stabilized hold, and bridge suits a purchase that needs work first. No prepayment penalties, minimal documentation, one person deciding. Call (619) 617-2797 with the address and the numbers.

Over-the-Rhine and the hillside neighborhoods are full of brick and Italianate buildings that need serious work, and those are bridge or fix and flip files for us. We underwrite the property and the plan, so a half-finished building does not disqualify you. Bring the scope, the budget and the exit, whether that exit is a sale or a refinance.

Small multifamily in Franklin and Summit counties is a regular file, on bridge while you reposition and DSCR rental once the units are leased. Blanket loans let you roll several buildings into one facility instead of closing them one at a time. We underwrite the property rather than the borrower, which keeps a growing portfolio from becoming a problem.

The address, the purchase price or current value, what you owe, what you plan to do with the property and how you intend to pay the loan back. That is enough for a written quote. Full-doc income packages are not part of the low-doc programs, which is why a quote arrives in hours rather than weeks.

Single-family rentals, condos, townhomes, two to four unit buildings, apartment buildings, mixed-use, retail, office, industrial and flex, self-storage, hospitality, manufactured housing and land. Business-purpose and non-owner-occupied is the core of the book, with owner-occupied handled under its own program.

Bridge money runs from 9.00% to 13.00% and moves with leverage, property type, exit and experience. Rental loans price lower because the property carries the debt, from 6.50% on the Non-QM tier. Every quote is written before an appraisal is ordered, so you are never chasing a number that changes at the closing table.

Credit is reviewed, but the property carries the decision. These are business-purpose loans on non-owner-occupied real estate, underwritten to value, exit and the strength of the deal. Investors turned down by a bank for self-employment, a recent event on file or thin documentation are routine business here.