How much money can I get with a hard money loan on a house that needs to be rehabbed?

The amount of money you can get with a hard money loan on a house that needs to be rehabbed depends on several factors, including the value of the property after it's been fixed up, the amount of work that needs to be done, and the lender's loan-to-value (LTV) ratio.

Hard money lenders typically base their loan amounts on the after-repair value (ARV) of the property, which is an estimate of the property's value after all the necessary repairs and renovations have been completed. The lender will typically lend a percentage of the ARV, with most lenders offering between 60-75% of the ARV.

For example, if a property has an ARV of $300,000 and the lender's LTV ratio is 70%, the lender may be willing to loan up to $210,000 (70% of $300,000). However, the lender may also take into account the amount of work that needs to be done and may only offer a loan amount that will cover the necessary repairs and renovations.