TRUSTWORTHY HARD MONEY LENDING IN OHIO

As investors flock to money-making ventures in the Buckeye State, a need for reliable funds for investing is more apparent than ever. EquityMax has made it a mission to provide a diverse set of options for all ranges of investors, whether you are investing in Columbus, Cleveland, Cincinnati, or beyond. We understand the need to be more than a lender in your transaction, but a partner to see you through the entire process. EquityMax welcomes the opportunity to financially guide you through your next deal, while providing a competitive market loan to ensure profitability.

Hard Money Financing For Your Next Deal In Ohio

NO ONE IS FASTER

Funding your transaction on or before the closing date is always a priority. EquityMax expedites underwriting and processing timelines in an effort to close as quickly as possible. If all due diligence is done, our industry-leading track record is ready to close your deal in as little as 24 hours.

TURNKEY OR REHAB

EquityMax lends to several types of real estate investors, from those who invest in extensive rehab projects to zero-rehab, turnkey properties. Whether a cash-out refinance or fix-and-flip investment, we will help you see through the entire scope of work, big or small, to ensure your return on investment is fully realized.

YOU ASK, WE DELIVER

The strength of our company is the feedback we receive from both new and longstanding borrowers. EquityMax will constantly listen to ways in which we can make our products the best on the market. Above all, we will beat competitor terms, as our team looks to build long-term relationships with all of our clients.

FLEXIBLE FINANCING SOLUTIONS

The team at EquityMax will always offer the most transparent terms in today’s market, with no hidden costs whatsoever. When deciding on whether to purchase a property, our borrowers will always know exactly what to expect and how an EquityMax loan fits into the framework of their deal analysis.

CLOSE IN 48 HOURS OR LESS! READY TO GET STARTED ON YOUR NEXT DEAL IN OHIO?

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Latest Success Story

A seasoned husband and wife investment team purchased a highly distressed property with cash for an immediate closing. The home was fully gutted and needed a complete rehab. EquityMax provided a rehab loan, all upfront with no draws, to enable them to successfully complete the renovation without incident or delay.

REHAB LOAN
Location – Columbus, OH
Loan Amount – $40,000
Purchase Price – $50,000
Loan Type -REFI
Term – 12 Months – 17 years (Borrower Option)
Rehab Amount – $40,000
Actual Retail Value – $135,000
Profit – $45,000

Driving Factors for Ohio Real Estate Market

Tax Abatements

Property assessment and corresponding market valuations are rising in cities like Columbus as the municipality issues tax abatements and other incentives to encourage people to buy and renovate properties.
Cost of Living

Ohio has a cost of living below the national average with rentals and housing costing much less than nearby major markets like Chicago.
Population Growth

Ohio’s housing market is seeing steady growth with its population slowly rising across a variety of state metro regions. As a result, market values have increased with a limited amount of family-friendly homes available.

Real Estate Breakdown of Ohio

Median Home Value:
$195,669
Foreclosure Properties:
14,826
Bank Owned Properties:
113
Auction:
1,711
Popular Counties
- Franklin
- Cuyahoga
- Hamilton
- Summit
- Montgomery

EquityMax Insight

The average value of homes in Ohio is $170,492 with single family properties in the state going up by over 11.0% in the past year alone. By purchasing a lower priced asset less than $75K, the borrowers were looking at a large potential profit spread. Though a sizable rehab job ensued, because of the low price point entry, the borrowers were still able to earn a considerable margin on this particular deal.

What Our Clients Say

Their staff can’t be beat with the level of service they have provided on several deals thus far. I have yet to find an easier hard money lender to work with, that’s why EquityMax is always going to be my first and only option.

Emerich Herbst Metro-Cleveland Real Estate Investor

FIX AND FLIP / CASH-OUT REFI

High LTV / Low Rates / Flexible Term
Minimal Insurance Requirements
Zero Prepayment Penalty

FOREIGN NATIONAL LOANS

ZERO Credit or Qualification Requirements
No Personal Guarantee Required
Free Comparable and Repair Analysis

TRANSACTIONAL FUNDING

Catering to Real Estate Wholesalers
1-3 Day Funding
Minimal Notice to Close

NON-RECOURSE LENDING

Invest through a Self-Directed IRA or Solo 401K
Net Proceeds from Investing are Tax-Deferred
No Personal Guarantee

Have you been previously denied by a lender? Get a second chance with EquityMax

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Did You Know?

Several of EquityMax’s current borrowers investing in the greater Cleveland area had previously invested with the company in their “home” region of South Florida. As the market became more competitive, these same investors moved to Cleveland where there were cheaper and more plentiful residential investment opportunities.

frequently asked questions

What types of real estate property does EquityMax lend on?

EquityMax lends on any form of residential property, including single family homes, 1-4 multi-unit properties, condominiums & townhomes, and even small apartment complexes (20 units or less). We also lend on commercial property and industrial warehouses.

Once I am prequalified, how quickly can I obtain a Proof of Funds letter?

EquityMax can send a borrower a Proof of Funds within 5 minutes of receipt of an acceptable, three-score credit report. If a borrower does not have a recent report, he/she can request that Equitymax pull it. For instructions, please click here.

Can EquityMax finance multiple properties simultaneously for borrowers?

Yes. EquityMax has multiple borrowers with several active loans in our portfolio.

Do I need to hold properties in a business entity?

EquityMax does not require our borrowers to be a Corporation of LLC. We can originate loans to individuals, LLCs, Corporations, Land Trusts, and Self-Directed IRAs.

Does EquityMax focus on financing the metro areas?

EquityMax lends on real estate throughout the state of Ohio. We are not geographically limited as to where we will finance in the state. While Cincinnati and Cleveland are great markets to invest it, for instance, we will also lend in other parts of the state as well.

Does EquityMax Lend In Rural Or Agricultural Areas In Ohio?

EquityMax will lend in urban, suburban, rural, and agricultural areas of the state.

How Do I Find Properties in Ohio To Invest In?

While EquityMax is not a licensed real estate broker in Ohio, we have partnered with several real estate companies, wholesalers, etc… that are actively selling real estate in your area. Feel free to reach out to us and we will connect you with various sellers of real estate throughout Ohio.

Can I meet EquityMax In Person?

We are routinely in local markets going to REIA meetings in Cincinnati, Columbus, and other parts of the state. We are happy to meet and get to know our borrowers.

Receive immediate pre-qualification within 10 minutes!

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