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Hard money loans in Brockton, MA
Fix and flip and rental financing for investors in Brockton and Metro South.
Investing in Brockton real estate
Brockton, the City of Champions, is one of the more affordable cities within commuting distance of Boston. Three commuter rail stations, Montello, Brockton and Campello, connect it to South Station. That combination of price and access keeps demand steady from first-time buyers and renters alike.
The housing is a mix of capes, colonials and ranches alongside two- and three-family homes in the older neighborhoods. Single-family flips sell to buyers priced out of towns closer to Boston, and multi-families work well as long-term rentals.
Neighborhoods investors ask about
- Campello: two- and three-families on the south side, near its own rail station
- Montello: multi-families and single-families on the north side, also on the rail line
- The West Side: single-family homes that suit a straightforward flip
- Downtown: mixed-use buildings and apartment redevelopment
What to plan for on a Brockton deal
- Buyers of finished flips here are often using FHA or other low-down-payment loans, so make sure the renovation will pass a buyer’s appraisal and inspection.
- Older multi-families often need electrical, heating and porch work.
- Most of the housing predates 1978, so the Massachusetts lead law applies to rentals where young children live.
- On multi-families, a DSCR loan counts the rent from every unit.
Loan programs for Brockton investors
| Program | What it funds | Maximum leverage |
|---|---|---|
| Fix and flip loans | Buying and renovating a property you plan to resell | Up to 90% of purchase and 100% of rehab, capped at 70 to 75% of after-repair value |
| DSCR rental loans | Buying or refinancing long-term and short-term rentals | Up to 85% loan-to-value on a purchase, up to 80% on a cash-out refinance |
| New construction loans | Ground-up builds, including the land | Up to 90% of cost for experienced builders, capped at 70 to 75% of completed value |
| Portfolio and commercial loans | Several rentals under one loan, plus multifamily and commercial property | Up to 80% on a portfolio purchase; commercial quoted deal by deal |
Brockton hard money loan questions
Yes. We lend on investment property in Brockton and the surrounding Metro South towns, including fix and flip loans, DSCR rental loans and new construction loans.
Yes. First-time investors can qualify, and with a 720+ credit score are eligible for up to 90% of the purchase price and 100% of the rehab budget.
Yes. Small multi-families can be financed with a fix and flip loan or held with a DSCR rental loan at up to 85% loan-to-value on a purchase.
Fix and flip loans average up to 21 days and can close in about 7 days when title and insurance are complete. Rental and DSCR loans take about 30 days, including the appraisal.
Other Massachusetts markets
Have a deal in Brockton?
Tell us the address, the purchase price and your plan for the property. We will come back with leverage and pricing for your scenario.