HiFi Hard Money: Company Research Report
Company Overview
- Name: HiFi Hard Money
- Mission: HiFi Hard Money is committed to providing competitive, flexible, and fast fix-and-flip loans for real estate investors in the Dallas-Fort Worth (DFW) area. The company aims to make the real estate investment process smooth and simple by offering honest feedback and ensuring client success, as their success is intertwined with that of their clients.
- Founded: In 2015
- Founders: No information is available
- Key People:
- Jay Mumm
- Eugene (last name not provided)
- Headquarters: No information is available
- Number of Employees: No information is available
- Revenue: No information is available
- Known For: HiFi Hard Money is known for specializing in hard money loans that are used in real estate flipping and investments. They are renowned for their transparency, speed, and tailored loan structures.
Products
Product Offerings
1. Fix & Flip Hard Money Loans
- Description: Designed to cover purchase and rehabilitation funds with minimal initial capital required by the investor.
- Key Features:
- 0-60 fast application process with a simple, flexible loan structure.
- Loan amounts up to 70% of After-Repair Value (ARV).
- Deferred fees and interim interests until the exit.
- Simple draw process, often same-day or next-day turnaround.
2. Buy & Rent Hard Money Loans
- No detailed description or features available.
3. Cash-Out Loans
- No detailed description or features available.
4. Real Estate Line of Credit
- No detailed description or features available.
5. Custom Loan Structures
- Description: Customizable loans to meet varied needs of investors in different real estate investment strategies.
- Key Features:
- Zero upfront fees with all typical costs deferred until the property is sold.
- Lightning-quick response times with 24/7 availability.
Recent Developments
- Recent Developments:
- HiFi Hard Money was formerly known as Lone Star Hard Money. There have been no specific announcements about structural changes since the rebranding.
- The company focuses on creating a quick and seamless application process for first-time and returning investors.
- Implementing a responsive and personalized service system to help clients close on properties on time and reduce fees when possible.
- New Products Launched: No information is available.
- New Features Added:
- Deferred fees including wire, inspection, and first month's prorated interest fees.
- Simplified application process tailored for both new and experienced investors.
- New Partnerships: Partnering with MW Law-Alamo Title to provide clarity and prevent surprises in tax exemptions and closing issues.
Contact Information
- Phone: (972) 630-6676
- Fax: (877) 456-1880
- Email: info@hifihardmoney.com
Note: This report contains all available information extracted from the provided data about HiFi Hard Money. Certain fields such as revenue and specific names of the founders could not be populated due to the lack of available data. For comprehensive insights, direct contact with the company is suggested.
