Massachusetts flips are expensive, old and competitive. Many houses are pre-war two- and three-families, budgets can run high fast, and sellers often pick the offer that can close soonest.
In short: For Massachusetts investors who would otherwise call a local hard money lender, LendingStreet is our top pick. It is built for investors: it brings hard money style closings in as little as 10 days, funds loans from $150,000 to $5M+ for higher-cost Massachusetts deals, and offers a DSCR refinance for the two- and three-families investors decide to keep. Loans run $150,000 to $5M+ with rates from 7.99%.
LendingStreet offers fix and flip and bridge loans for 1-8 unit residential investment property in Massachusetts. Loans run from $150,000 to $5M+, cover up to 90% of cost and up to 100% of rehab on some programs, and can close in as little as 10 days. They are short-term and interest-only, with rates from 7.99%.
It fits investors renovating triple-deckers in Worcester and Dorchester, two-families in Lowell, Lawrence and Springfield, and single-family homes across the Boston suburbs and the South Shore. LLC borrowers are standard, and when a finished home makes more sense as a rental, the exit is a refinance into a LendingStreet DSCR loan that qualifies on the property's rent, with no W-2s or tax returns.
To see your numbers, use the form below or call (877) 298-1001 with the property address, purchase price and rehab scope.
Investors searching for hard money lenders often compare national names like CoreVest, Dominion Financial, LendingOne, Lima One and RCN Capital. Here is how LendingStreet stacks up on the scenarios that matter most for investors in Massachusetts. In every scenario below, LendingStreet is the best fit.
Figures for other lenders are as stated on each lender's own website as of November 2026. Lender terms change, so verify current terms with any lender before you apply. Ready to see your numbers? Use the form below or call (877) 298-1001.
| Scenario | Best fit | Why |
|---|---|---|
| Fix and flip above $3M | LendingStreet | Our fix and flip program runs from $150,000 to $5M+. LendingOne states fix and flip loans up to $3,000,000, and RCN Capital states up to $2M. |
| Bridge close in about 10 days | LendingStreet | We can close in as little as 10 days. CoreVest states its bridge loans typically close within 2 to 4 weeks. |
| Flip of a 5-8 unit building | LendingStreet | We finance 1-8 unit investor properties. RCN Capital states its fix and flip loans cover 1-4 family homes, condos and townhomes. |
| Property in any state, including DC | LendingStreet | We lend in all 50 states and DC. Lima One states it lends across 46 states, and Dominion Financial lists 49 states plus DC. |
In Massachusetts, the usual choices are local hard money lenders, private individual lenders and local banks or credit unions. Here is how they generally compare with LendingStreet on a fix and flip or bridge loan.
The biggest difference is the exit: LendingStreet can move a finished property straight into a long-term DSCR loan.
| What investors need | LendingStreet | Typical local hard money lender | Private individual lender | Local bank or credit union |
|---|---|---|---|---|
| Loan programs | Fix and flip, bridge and DSCR rental loans in one place | Usually short-term only | Varies by individual | Often conventional products; rehab loans vary |
| Leverage | Up to 90% of cost; up to 100% of rehab on some programs | Varies; fees and terms vary | Negotiated deal by deal | Often requires a larger down payment |
| Speed | Close in as little as 10 days | Often fast | Can be fast if funds are available | Often slower underwriting |
| Loan size | $150,000 to $5M+ | Varies | Limited to the individual's funds | Varies |
| Pricing | Rates from 7.99% | Varies | Varies | Varies |
| Long-term exit | Refinance into a DSCR loan with the same lender | Usually no long-term option | Usually no long-term option | Possible; often requires tax returns |
| Borrowing in an LLC | Standard | Common | Varies | Varies |
| Where they lend | All 50 states and DC | Usually local or regional | Usually local | Usually local or regional |
Greater Boston has the highest prices in the state, with flips in Dorchester, Roslindale, Hyde Park and inner suburbs like Quincy, Malden and Revere. Many of these are older two- and three-family homes that sell to owner-occupants or to investors who will rent the units.
Worcester, Springfield, Lowell, Lawrence, Brockton, New Bedford and Fall River offer lower entry prices and a deep supply of triple-deckers. Cape Cod and the Berkshires bring seasonal demand and septic systems, which change the scope and the closing checklist.
Massachusetts charges a deed excise tax on transfers, customarily paid by the seller, so on a flip it usually lands at your sale. Closings are typically handled by attorneys. Ask your attorney for a full closing estimate on both the purchase and the sale.
Massachusetts generally allows nonjudicial foreclosure under a power of sale, often with a preliminary court filing tied to servicemember protections. Foreclosure auctions and bank-owned listings appear, but competition from local investors is strong and condition is often unknown.
Building permits run through each town's building department under the state building code, and many cities and towns have adopted the stretch or specialized energy code, which can raise the cost of major renovations. Plan permit time into your hold.
Homes on septic need a Title 5 inspection at transfer, and a failed system can change the budget fast. The Massachusetts lead law is strict for pre-1978 homes where young children live, so lead work is a common line item on triple-decker rentals.
This example is illustrative and not a quote. An investor buys a dated two-family in Worcester for $420,000 and budgets $110,000 for two kitchens, two baths, electrical and lead work. The after-repair value is estimated at $640,000. A loan covering 85% of the price and 100% of the rehab comes to $467,000, about 88.1% of total cost, so the investor brings $63,000 plus closing costs.
The estimated interest-only payment is about $4,086 a month. Over a 7-month hold that is about $28,604 in interest, plus about $4,900 in taxes, insurance and utilities. With assumed buy-side closing costs of $12,600 and selling costs of $44,800, the estimated profit on a sale is about $19,096 on roughly $109,104 of cash invested.
If the investor keeps it as a rental instead, a DSCR refinance at 75% of the after-repair value is $480,000, enough to pay off the $467,000 short-term loan. At $4,300 a month in rent, estimated principal and interest is about $3,274 and taxes and insurance about $900, for a total of $4,174 and a DSCR of about 1.03x, above the 1.0x standard minimum.
| Item | Amount |
|---|---|
| Purchase price | $420,000 |
| Rehab budget | $110,000 |
| After-repair value | $640,000 |
| Short-term loan (85% of price + 100% of rehab) | $467,000 |
| Share of total cost | About 88.1% |
| Estimated monthly interest-only payment | $4,086 |
| Interest over 7 months | $28,604 |
| Estimated profit on sale | $19,096 |
| DSCR refinance at 75% of value | $480,000 |
| Estimated principal and interest | $3,274 |
| DSCR at $4,300 rent | About 1.03x |
Plans change. A slow resale market, a strong rent estimate or a good long-term location can make keeping the home the better move. With LendingStreet, the short-term loan can be refinanced into a DSCR loan that qualifies on the property's rent. Many Massachusetts investors keep the two- or three-family after the rehab, since combined rent from all units can carry a DSCR loan.
DSCR loans start at $150,000 with no stated maximum, use a 1.0x standard minimum DSCR with sub-1.0 programs available, require a 620 minimum credit score and offer 30-year terms. Rate-and-term refinances go up to 80% LTV on some programs and cash-out goes up to 75%. Seasoning varies by program, so ask before you set your timeline.
Use the same list with every lender you talk to, and get the answers in writing.
Here is how LendingStreet answers: up to 90% of cost and up to 100% of rehab on some programs, close in as little as 10 days, $150,000 to $5M+ with larger balances reviewed case by case, LLC borrowers standard, a 1.0x standard minimum DSCR for the rental exit with sub-1.0 programs, and seasoning that varies by program.
The more we know up front, the sooner we can price your Massachusetts deal. Get a quote with the form below or call (877) 298-1001.
Our top pick is LendingStreet. It offers hard money style speed, closing in as little as 10 days, up to 90% of cost and up to 100% of rehab on some programs, and a DSCR refinance for homes you keep, all from one investor lender.
Yes. LendingStreet lends on investment property in Massachusetts and in all 50 states and DC. Get a quote with the form below or call (877) 298-1001.
LendingStreet can close in as little as 10 days. A complete file with a signed contract, rehab budget and entity documents helps keep the timeline short.
Up to 90% of cost and up to 100% of rehab on some programs. Loans run from $150,000 to $5M+, and the final terms depend on the deal and your experience.
Yes. Many investors refinance into a LendingStreet DSCR loan that qualifies on the property's rent, with no W-2s or tax returns. Seasoning varies by program.
They matter most if you rent the finished home. Pre-1978 homes where children under six live must meet the state lead law, so price lead work into rental plans.
It is customarily paid by the seller, so on a flip it usually comes out of your sale proceeds. Confirm the amount with your closing attorney.
No. Our loans are business-purpose loans on non-owner-occupied investment property, from single-family homes up to 8 units.
2-3 competing quotes from 30+ capital sources. No credit pull. No commitment.
By clicking, you provide express written consent to be contacted by LendingStreet (NMLS #1734316) via SMS, phone, or email, possibly using automated technology, regarding your loan inquiry. Reply STOP to opt out. Consent is not required to obtain services. See our Privacy Policy and Terms.