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Hard money loans in Cambridge, MA
Fast, deal-based financing for one of the most competitive property markets in Massachusetts.
Investing in Cambridge real estate
Cambridge combines Harvard, MIT and the life-science employers of Kendall Square with very little land to build on. Demand for housing is constant and prices are among the highest in the state. Investors here work mostly with two- and three-family homes, condo conversions and high-end renovations.
In a market this competitive, speed and certainty win offers. A fix and flip loan can close in about 7 days when title and insurance are ready, and loan amounts go above $10 million, so price point is not the obstacle.
Neighborhoods investors ask about
- Cambridgeport and Riverside: two- and three-families near MIT and the river
- East Cambridge and Wellington-Harrington: rowhouses and multi-families close to Kendall Square
- North Cambridge: two-families and triple-deckers near the Red Line
- Mid-Cambridge and Inman Square: multi-families and condo conversions
- West Cambridge: large single-family homes
What to plan for on a Cambridge deal
- The Cambridge Historical Commission and several neighborhood conservation districts review exterior changes. Check whether a property falls in one before you set a timeline.
- Cambridge restricts short-term rentals to owner-occupied and owner-adjacent units, so underwrite rental deals on long-term rent.
- High purchase prices mean larger down payments in dollars, even at 90% financing. Confirm your liquidity early.
- Condo conversions need legal and survey work. Include those costs and that time in your budget.
Loan programs for Cambridge 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 |
Cambridge hard money loan questions
Yes. We lend on investment property throughout Cambridge, including fix and flip loans, DSCR rental loans and new construction loans, with loan amounts above $10 million.
Yes. Loan amounts range from $75,000 to more than $10 million.
A fix and flip loan can fund the purchase and renovation of a multi-family you plan to convert and sell as condominiums. Tell us the plan up front so the loan term fits the conversion timeline.
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 Cambridge?
Tell us the address, the purchase price and your plan for the property. We will come back with leverage and pricing for your scenario.