Wyoming is a small-market state, and investors there often have only a handful of local financing choices. A lender that can fund the purchase, the rehab and the long-term hold changes the math.
In short: Our top pick for hard money style financing in Wyoming is LendingStreet. We close fix and flip and bridge loans in as little as 10 days, fund up to 90% of cost and up to 100% of rehab on some programs, and offer a DSCR rental refinance when you want to keep the property. That matters in Cheyenne, Casper and Laramie, where resale can be slower and a hold exit is a real safety net.
LendingStreet is an investor lender with fix and flip, bridge and DSCR rental loans in one place. Every loan is a business-purpose loan on non-owner-occupied property. In Wyoming that means short-term, interest-only financing on 1-8 unit properties from $150,000 to $5M+, with up to 90% of cost and up to 100% of rehab on some programs.
It fits investors buying dated ranch homes in Cheyenne, flipping older houses in Casper, buying near the University of Wyoming in Laramie, or carrying a rental bridge loan in Gillette or Sheridan. Local options in a low-population state can be thin, and many investors end up with a private lender on short, rigid terms. We lend in all 50 states and DC, so a Wyoming deal gets the same programs as one in a large metro.
The next step is simple: get a quote with the form below, or call (877) 298-1001 and talk through the deal.
Well-known hard money lenders include CoreVest, Dominion Financial, LendingOne, Lima One and RCN Capital. Compared scenario by scenario for investors in Wyoming, LendingStreet comes out as the stronger choice, and one application covers it.
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. |
Wyoming has fewer dedicated investor lenders than most states, so many flippers rely on a community bank or a private individual. Here is a fair, general comparison. Terms at other lenders vary, so confirm them directly.
| What investors need | LendingStreet | Typical local hard money lender | Private individual lender | Local bank or credit union |
|---|---|---|---|---|
| Close quickly | As little as 10 days | Often fast; varies by lender | Can be fast; depends on the person | Usually slower; full underwriting |
| Leverage | Up to 90% of cost | Varies; often lower | Negotiated deal by deal | Often a larger down payment |
| Rehab money | Up to 100% of rehab on some programs, in draws | Varies | Varies | Often limited on distressed property |
| Long-term rental loan | DSCR refinance in-house | Usually short-term only | Rarely | Possible; often needs tax returns |
| Loan size | $150,000 to $5M+ | Varies | Limited by one person's capital | Varies by bank |
| Rural and small-town deals | Considered statewide, 1-8 units | Often limited to nearby markets | Depends on the person | Strong locally; may not fund rehab |
Cheyenne is the largest market, with mid-century ranch homes, split-levels and older houses near downtown and the base. Investors there buy dated homes, update kitchens, baths, roofs and mechanicals, and resell to buyers who work for the state, the railroad or F.E. Warren Air Force Base.
Casper carries more energy-economy swings, so flippers there tend to buy carefully and keep rehab scopes tight. Laramie has steady rental demand near the university. Gillette, Rock Springs and Sheridan are smaller markets where resale timing can be slower. Jackson is a separate, very high-priced resort market with its own dynamics.
In smaller towns, comparable sales are limited. Conservative after-repair values and a realistic resale timeline matter more here than in a dense metro.
Wyoming has no state income tax and no real estate transfer tax, so closing costs are usually modest compared with many states. Property taxes are also relatively low. Title, recording and lender fees still apply, so get an estimate from a title company early.
Most Wyoming mortgages include a power of sale, and foreclosures are commonly handled outside court through a notice and publication process. That affects how lenders view risk, but it should not affect a well-run flip. Rules change, so confirm current law with a local attorney or title company before you close.
Permit rules vary widely. Cheyenne, Casper and Laramie run building departments and require permits for structural, electrical, plumbing and mechanical work. Some rural areas have limited county permitting, but that does not remove the need for safe, documented work, and buyers' inspectors will look.
Weather is the bigger scheduling risk. Long winters, wind and a short exterior season can push roof, siding and concrete work into a narrow window. Build that into your timeline, and plan interior work for the cold months.
This example is illustrative and not a quote. An investor buys a dated 1970s ranch in Cheyenne for $285,000 and budgets $55,000 for the rehab, a total cost of $340,000. At 90% of cost, the loan is $306,000. The investor brings $34,000 plus about $7,000 in closing costs, or $41,000 in all.
The estimated interest-only payment is about $2,678 a month, figured on the full balance to stay conservative. Over 5 months that is about $13,388, plus about $1,650 in taxes and insurance, for an all-in cost of about $362,038. At a $410,000 resale with about $28,700 in selling costs, the estimated profit is about $19,262 before income taxes.
If the investor keeps it, a DSCR refinance at 75% of $410,000 is $307,500, enough to pay off the flip loan. With estimated principal and interest of about $2,098, plus $190 in taxes and $150 in insurance, the payment is about $2,438. At $2,550 rent, DSCR is about 1.05x, above the 1.0x standard minimum.
| Line item | Amount |
|---|---|
| Purchase plus rehab | $340,000 |
| Loan at 90% of cost | $306,000 |
| Cash to close incl. closing costs | $41,000 |
| Estimated interest-only payment | $2,678 a month |
| All-in cost | $362,038 |
| Selling costs | $28,700 |
| Estimated profit before income taxes | $19,262 |
Ask every lender the same questions, in writing, before you sign a purchase contract.
Here is how LendingStreet answers them: up to 90% of cost and up to 100% of rehab on some programs; a 1.0x standard DSCR minimum on the rental exit, with sub-1.0 programs available; seasoning that varies by program; LLC borrowers as standard; closings in as little as 10 days; and loans from $150,000 to $5M+, with larger balances reviewed case by case.
Because Wyoming resale markets can be thin, many investors plan two exits from the start: sell if the market is strong, or lease the home and refinance into a 30-year DSCR loan that qualifies on rent, with no W-2s or tax returns. The bridge to DSCR guide below walks through the timing.
Ready to price a Wyoming deal? Get a quote with the form below or call (877) 298-1001.
Our top pick is LendingStreet. You get hard money style speed, with closings in as little as 10 days, up to 90% of cost and up to 100% of rehab on some programs, plus an in-house DSCR loan if you decide to hold.
Yes. We lend statewide in Wyoming, including Cheyenne, Casper, Laramie, Gillette, Sheridan and smaller towns, and in all 50 states and DC.
No. Wyoming does not have a real estate transfer tax, which helps keep closing costs down. Recording, title and lender fees still apply.
Often, yes, if it is a 1-8 unit residential investment property with a clear resale or rental exit. Limited comparable sales can affect the after-repair value, so expect careful valuation.
Rates start from 7.99%. Your actual pricing depends on the deal, the leverage and your experience.
Yes. LLC borrowers are standard on our investor loans.
Yes. Many investors refinance into a DSCR loan that qualifies on the property's rent. Seasoning varies by program.
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