Pittsburgh Rehab Lenders for Residential Rental Property
Are you looking to rehab and hold residential rental properties in the Pittsburgh metro area? On this page you'll find a list of lenders that provide financing to help investors execute the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy in Pittsburgh's urban areas. You typically need some cash for the purchase (15% to 20%), some cash reserves in case the rehab goes over budget, and a FICO score over 680 to qualify for the long-term refinance. The maximum loan-to-ARV (after-repair value) for most lenders is 70%, but it could be lower depending on the rental income, location, credit score and other factors.Searching...
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RCN Capital
Direct Lender for Residential Fix & Flip, Long-Term Rental, Bridge Loans
Rehab Financial Group
100% Financing for Rehab, Flip and Construction Projects - NO DOWN PAYMENT! NO INCOME VERIFICATION!
New Silver
Financing Outside The Box
HouseMax Funding
Hard Money Loans to Fund Your Next Big Project
Malve Capital LLC
Fast And Easy Real Estate Loans. Closing as fast as 5 business days, subject to clear title.
LendingOne
Rental, Fix & Flip, New Construction, Fix to Rent, SFR Portfolio Loans Nationwide
Lima One Capital
The Nation's Premier Lender for Real Estate Investors
i Fund Cities
Great F#*%ing Loans, Built By Investors For Investors
Stormfield Capital, LLC
Direct Balance-Sheet Lender for Investment Properties
We Lend LLC
Nationwide Private Lending
Kiavi
Servicing 18,000+ Real Estate Investors Across the Country
Center Street Lending
Smarter Loans for Residential Investors
American Heritage Lending
Direct Lender for Residential Real Estate Investors Nationwide
Local Pennsylvania Rehab Lenders
Here are the residential rehab lenders on our platform that are “local” lenders, based in the Philadelphia metro area…
- I Fund Cities
I Fund Cities provides fast and reliable financing for residential rehab-to-rent projects throughout Pennsylvania. For most deals, they fund 85% of the purchase price and 100% of the renovation costs, with a 75% maximum after-repair value (ARV). The minimum credit score is 600, and they require borrowers to have completed at least 1 successful rehab project. They lend 20 other states besides PA. We have visited their office in Downtown Philadelphia. - Rehab Financial Group
Established in 2010, Rehab Financial Group provides 100% financing for residential rehab-to-rent projects, with a 70% maximum after-repair value (ARV). A down payment is not required, but they require income verification to confirm that the borrower has cash flow to make the interest payments. Additionally, the borrower must have decent credit (640+ FICO), some liquid cash to cover the first phase of the rehab project, plus enough cash to pay the points and closing costs when the loan funds. Experience is not required, and they welcome newbie investors. Most of their lending is in Pennsylvania and New Jersey, but they lend in 30+ other states. We have visited their office in Rosemont, PA.
Select a Metro Area
Philadelphia and Pittsburgh are the two main metropolitan areas in Pennsylvania. There are a few lenders on our platform that will only consider properties in the Philly metro area but not Pittsburgh. Select a metro area to filter the search results.
