Michigan Hard Money Loans for Real Estate Investors

Fix & Flip
Loans

We offer fix and flip loans to investors who know how to turn the ugliest house in the nicest neighborhood into gorgeous real estate and sell it for a profit. We designed these 12-month bridge loans to let fix and flip investors reliably finance their projects while remaining competitive with fast closings and flexible loan options. Whether you’re flipping a single-family home in Grand Rapids or rehabbing a Detroit multifamily, we’re here to help with financing tailored to your specific project needs.

2 workers discussing fix and flip loan programs

New Construction
Loans

ABL provides hard money loans for new construction to experienced builders and developers in Michigan, where new builds increased by over 40% at the start of 2022 despite record-low housing inventory. Our loans allow investors to borrow up to 90% of land value and 100% of construction costs, creating opportunities to capitalize on the rising demand for new housing. We partner exclusively with seasoned professionals who understand their scope of work and can execute development projects efficiently in Michigan’s growing markets.

Contractor building a house with a new construction loan

Rental
Loans

We proudly offer simple and reliable rental loans for BRRRR and Michigan real estate investors looking to secure 1-8 unit properties with competitive rates starting at 6% and leverage up to 80% LTV. With diverse investor strategies in mind, we provide various loan options including 30-year amortization, ARM, and interest-only terms to match your specific needs. Our private rental loans are designed specifically for buy and hold investors wanting to build wealth through income-producing properties across Michigan.

Rental property funded with dscr loans

Home of the Only True Zero-Point Program

  • No Pre-Pay Penalty
  • No Exit Fees
  • Available for All Experience Levels

Michigan Real Estate Market Highlights

Median Sale Price
$249,100
Feb. 2025
Median Days on Market
47 Days
Feb. 2025
Monthly Homes Sold
6,752
Feb. 2025
Icon - Sold Above Listing
Homes Sold Above Listing Price
26.5%
Feb. 2025
Avg Fix & Flip Gross ROI
53.8%
Q3 2024
Avg Fix & Flip Gross Profit
$70,000
Q3 2024
 
 

Recently Funded

Check out some of our recent projects:

Real Reviews from Real Borrowers

 

Great experience! They always answered or returned my calls immediately and walked me through the entire process and made sure all my questions were answered. I had a couple of questions weeks after my loan closed and they still responded immediately and made sure I was taken care of. Great experience and I would highly recommend ABL.

Cindy G.

I am glad I got to know Asset Based Lending, they made funding for my construction site very simple. They have a great team of people, that would go out of their way to help. Boris has been great and very helpful, I highly recommend them for all your Construction financing needs.

Mike A.

I have had the pleasure of working with Boris Akbashev for my real estate financing needs on my last 10-15 projects, and I cannot speak highly enough of his professionalism and expertise. Boris demonstrated a deep understanding of the lending process and went above and beyond to ensure I secured the best possible terms.

John S.

Truly a pleasure having ABL on every deal! Thanks to their lending expertise and timely support and guidance throughout the process to get the best loan for my deals. I can see my company growth from 1-2 flips to numerous flips, new construction, and DSCR loan to grow my portfolio.

Pedro E.

Asset Based Lending is the place to shop for all your construction needs. Their easy funding policy, makes life so much simpler for any builder to focus on building and not be worried about financing project. Boris was supper helpful to accommodate me with all me financing needs.

Ray P.