Hard Money Loans in Eau Claire, Wisconsin
REIA Hard Money funds fix-and-flip, BRRRR, and value-add projects in Eau Claire and across the Chippewa Valley, including Altoona, Chippewa Falls, Lake Hallie, and Menomonie. We're a Wisconsin-based private lender with 175+ loans and about $36 million funded since late 2023, typical closings in 10 to 14 days, and loans up to 70% of after-repair value.
or call (262) 208-4708
Meet Dan in Eau Claire on Tuesday, October 13.
Dan Farsht, who underwrites every REIA Hard Money loan, will be at a local real estate investor meeting in Eau Claire on Tuesday, October 13. Bring a deal you're working on, or just come talk shop. Can't make it? Start with the pre-approval form and Dan will follow up.
What's the Eau Claire real estate market like for investors?
Eau Claire is the largest city in western Wisconsin and the hub of the Chippewa Valley, anchored by UW–Eau Claire, regional hospitals and clinics, and I-94 between the Twin Cities and Madison.
The median home value in Eau Claire was about $322,000 in mid-2026, below the statewide median of $362,000. New construction here is mostly apartments: Eau Claire added 481 housing units in 2025, and 381 of them were in apartment buildings. About a quarter of the area's homes were built between 1940 and 1969, and that older single-family and small multifamily housing is aging with little new competition. That's where renovation pays.
Sources: Zillow (June 2026); Eau Claire 2025 economic development report; Wisconsin REALTORS® Association (August 2026).
Is BRRRR a good fit in Eau Claire?
UW–Eau Claire enrollment has drifted down to about 9,500 students, and today's students increasingly want fewer roommates. Some of the large older houses near campus that used to rent by the bedroom are being reworked for smaller groups or working renters. Renovate one, rent it, and refinance into long-term debt. That's the BRRRR model, and we fund the first half of it. When you're ready to refinance, we refer you to a trusted DSCR partner at no added cost.
What do you fund in the Chippewa Valley?
Fix-and-Flip Loans
Purchase and rehab in one 6-month, interest-only loan, up to 70% of ARV.
BRRRR Acquisitions
on single-family and small multifamily rentals.
Cross-Collateralized Loans
Pledge equity in a property you already own in place of a down payment.
1-4 Unit and Mixed-Use Property
Plus, select small commercial.
Rental Portfolio Purchases
Buying out a retiring landlord? Each property is underwritten individually.
Tenant-occupied investment property is fine. We don't lend on owner-occupied homes, and we don't market land, mobile home, or ground-up construction loans.
What does a hard money loan cost in Eau Claire?
Eau Claire deals get the same Wisconsin pricing as every market we lend in: rates as low as 12% and 3 points for qualified borrowers, with up to 100% funding available. New borrowers start at a 15% rate with 15% down. After three completed deals with us, RHM Pro moves you to 12% with no down payment and points wrapped into the loan. RHM Pro V, for investors doing four or more deals a year, drops points to 3 and advances up to 20% of your repair budget at closing.
Already have a track record with another lender or your own capital? We'll verify it and start you at the tier you've earned.
How fast can you close in Eau Claire?
Typical closings run 10 to 14 days at the title company handling your Eau Claire deal. Two independent desktop valuations replace the wait for an appraiser, and you get a soft credit pull that never touches your score, with no income verification. Rehab draws go out every Tuesday and Friday against invoices, lien waivers, and video of the completed work. If another lender just backed out and your title work is ready, a rescue close can fund in as little as 72 hours. See our loan process.
Across 125+ paid-off loans, our borrowers' average payoff is 5 months and 10 days.
What borrowers say about REIA Hard Money
Every borrower's deal is different, but the reviews keep coming back to the same things.
Eau Claire hard money FAQ
Do you lend in Altoona, Chippewa Falls, and Menomonie?
Yes. The whole Chippewa Valley gets the same terms and process as Eau Claire.
Do you fund duplexes and small multifamily in Eau Claire?
Yes. We lend on 1–4 unit residential and mixed-use investment property, plus select small commercial.
Will you fund a first-time flipper in Eau Claire?
Yes, with no arbitrary experience minimum. First-time borrowers who understand the process get funded.
How do closings work if you're based in Brookfield?
Your closing happens at the title company handling your deal, like any other closing. Distance doesn't slow the loan down.
Do you lend on rural property outside Eau Claire?
Our focus is cities and metro areas. Rural property is generally outside what we fund, but if you're unsure, send the deal and we'll tell you quickly.
Fund your Chippewa Valley deal
The fastest first step is our pre-approval form. It takes a few minutes and means our first conversation is about your deal, not your paperwork. Prefer to talk first? Call (262) 208-4708.
All markets: Wisconsin hard money lender. Nearby: Hudson hard money loans · Wausau hard money loans.
