Hard Money Loans in Kenosha, Wisconsin
REIA Hard Money funds fix-and-flip, BRRRR, and rental projects in Kenosha and across Kenosha County, including Pleasant Prairie, Somers, Bristol, Paddock Lake, and Twin Lakes. We're a Wisconsin-based private lender with 175+ loans and about $36 million funded since late 2023. Typical closings take 10 to 14 days, with loans up to 70% of after-repair value.
or call (262) 208-4708
Dan meets investors in person across southeast Wisconsin. Ask when he'll next be in Kenosha.
What's the Kenosha real estate market like for investors?
Kenosha sits on Lake Michigan and I-94 between Milwaukee and Chicago, with about 100,000 people and Metra commuter trains running to downtown Chicago. Lower prices and lower property taxes than northern Illinois keep drawing Illinois buyers and investors across the state line.
It's a renter's city. About 42% of Kenosha homes are renter-occupied, the highest share of any market we serve, and the median gross rent is $1,263 a month. The median owner-occupied home value is $256,700, and about a fifth of the city's homes were built before 1940. Rental demand plus older housing makes Kenosha a natural BRRRR market.
Sources: U.S. Census Bureau, American Community Survey 2024; Metra Union Pacific North line; local market reports (2026). Refresh quarterly.
Investing in Kenosha from Illinois?
If you already have an Illinois LLC, you don't need to form a new Wisconsin LLC to buy here. You can register your Illinois entity to do business in Wisconsin with the Department of Financial Institutions instead: Form 521 for an LLC, or Form 21 for a corporation. Your attorney or accountant can confirm which filing fits. One limit applies: we lend on Wisconsin property only, so your Illinois deals need a different lender.
What do you fund in Kenosha County?
BRRRR Acquisitions
Fix-and-Flip Loans
Purchase and rehab in one 6-month, interest-only loan, up to 70% of ARV.
Double-Close (Transactional) Funding
A flat 2% for wholesale deals that close both sides through our preferred title company in the greater Milwaukee area.
Rental Portfolio Purchases
Buying several doors from a retiring landlord? Each property is underwritten individually.
We lend on 1–4 unit residential, mixed-use, and select small commercial property. Tenant-occupied investment property is fine; owner-occupied homes are not.
What does a hard money loan cost in Kenosha?
Kenosha 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.
See the full tier table
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How fast can you close in Kenosha?
Typical closings run 10 to 14 days at the title company handling your deal. Two independent desktop valuations replace the wait for an appraiser, and rehab draws go out every Tuesday and Friday against invoices, lien waivers, and video of the completed work. If another lender backed out and your title work is ready, a rescue close can fund in as little as 72 hours.
What borrowers say about REIA Hard Money
Kenosha Hard Money FAQ
Do you lend in Pleasant Prairie, Somers, and Bristol?
Yes. Investment property across Kenosha County gets the same terms and process as the city of Kenosha.
Do you lend on Illinois property?
No. We lend on Wisconsin investment property only.
Can an Illinois investor get a loan for a Kenosha property?
Yes. We lend to LLCs buying Wisconsin investment property, wherever the investor lives.
Will you fund a first-time flipper in Kenosha?
Yes, with no arbitrary experience minimum. First-time borrowers who understand the process get funded.
How fast can you close a Kenosha deal?
Typical closings take 10 to 14 days. With title work complete, a rescue close can fund in as little as 72 hours.
Fund your Kenosha 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.
Nearby: Racine hard money loans · Milwaukee hard money lender. All markets: Wisconsin hard money lender.
