Can You Use a Hard Money Loan to Buy a Rental Property?

Disclaimer: This content is for informational purposes only and should not be considered financial, legal, or investment advice. Always consult a qualified advisor before making lending decisions.

When most people think of hard money loans, they picture fix-and-flips or distressed property rehabs. But increasingly, savvy investors are asking:
Can I use a hard money loan to buy a rental property?

The answer is yes—if the strategy and timing make sense.

At QuickLend Capital, we work with investors in Texas, Georgia, South Carolina, New York, and Florida to acquire rentals using short-term hard money—and then exit into long-term DSCR financing or refinance into permanent debt.

When to Use a Hard Money Loan for a Rental

1. Fast Close Required
   If you're buying from a wholesaler or at auction, traditional lenders may not close fast enough. A hard money loan gets the deal done now.

2. The Property Needs Work
   If the asset isn’t rent-ready, DSCR and bank loans won’t touch it. A hard money loan gives you time to renovate and stabilize.

3. You Plan to Refinance Later
   Buy the property using hard money, complete renovations, lease it up, then refi into a DSCR loan or traditional mortgage.

Why Use Hard Money on a Rental Acquisition?

• Close in 5–10 business days

• No income docs or tax returns required

• 100% of rehab funds can be included (draw-based)

• Creative structures for LLCs, partnerships, or portfolios

Hard money isn’t just for flippers. It’s a strategic acquisition tool when speed or condition blocks other financing routes.

Example: The BRRRR Strategy

Buy. Rehab. Rent. Refinance. Repeat.
The BRRRR method is a classic use case for hard money loans.

• Step 1: Use hard money to buy and rehab

• Step 2: Stabilize the rental with leases in place

• Step 3: Refinance into a DSCR or long-term product

• Step 4: Reuse your capital and repeat

Local Insight: Where This Strategy Works

• Dallas/Fort Worth, TX: Suburban duplexes under $250K

• Greenville, SC: Fixer rentals near growing job centers

• Atlanta, GA: BRRRR deals in revitalizing neighborhoods

• Tampa, FL: Light rehab rentals with strong STR demand

• Brooklyn, NY: Small multifamily cash-out transitions

Transitioning to DSCR or Permanent Financing

QuickLend Capital also offers DSCR loans for stabilized rental properties—perfect for post-rehab refis.

We’ll help you structure your hard money loan with your refinance in mind, so you can exit cleanly and profitably.

Why Work with QuickLend Capital?

• Loans for both flips and rentals

• Nationwide coverage with local insight

• Rehab + rental transition experts

• DSCR refi options after stabilization

• Fast pre-approvals, funding in 5–10 days

Got a rental opportunity but need to move fast?
Contact QuickLend Capital to get pre-approved for a hard money loan and structure the deal for your long-term goals.