Hard Money Loans in Wausau, Wisconsin
REIA Hard Money funds investment property in Wausau and across Marathon County, including Schofield, Rothschild, Weston, Rib Mountain, Kronenwetter, and Mosinee, on the same terms we offer in Milwaukee. 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
Meet Dan in Wausau on Monday, November 16.
Dan Farsht, who underwrites every REIA Hard Money loan, will be at a local real estate investor meeting in Wausau on Monday, November 16. 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.
Why is Wausau a rehab market?
Wausau's housing is old and in short supply. Nearly 17% of Marathon County homes were built before 1940, the typical home is about 50 years old, and only 7.6% of the county's housing has been built since 2010. The county's homeowner vacancy rate fell to 0.1% in 2024, and local housing studies estimate the area needs about 2,200 more units right now.
Prices sit below the state as a whole. Marathon County's median sale price was $265,000 in September 2026, compared with $362,000 statewide, and the middle half of county sales fell between $165,000 and $365,000.
Old homes, almost no vacancy, and purchase prices that leave room for a renovation budget: those are the conditions fix-and-flip and BRRRR investors look for.
Sources: Wausau Pilot & Review (June and Sept 2026) citing the regional housing assessment and county sales data; Wisconsin REALTORS® Association (Aug 2026). Refresh quarterly.
Is my Wausau deal big enough?
Our loans typically start around $85,000, because every loan carries a minimum points fee of $2,500. Some Wausau-area deals come in under that. A quick check: if your purchase price plus rehab budget is at least $85,000, and the loan stays under 70% of the after-repair value, you're in range. Smaller deal? Send it anyway and we'll tell you straight.
What do you fund in central Wisconsin?
Fix-and-Flip Loans
Purchase and rehab funded in one 6-month, interest-only loan, up to 70% of ARV.
BRRRR Acquisitions
Cross-Collateralized Loans
Rental Portfolio Purchases
Each property underwritten individually.
Tenant-occupied investment property is fine. We don't lend on owner-occupied homes.
What does a hard money loan cost in Wausau?
Wausau 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.
How do closings work from Brookfield?
Wausau is about three hours north of our Brookfield office, and that doesn't change how your loan runs. Your closing happens at the title company handling your Wausau deal. Two independent desktop valuations replace the wait for an appraiser to make the trip. Rehab draws go out every Tuesday and Friday against invoices, lien waivers, and video of the completed work, so you never wait on someone to drive up and inspect.
What borrowers say about REIA Hard Money
Every borrower's deal is different, but the reviews keep coming back to the same things.
Frequently Asked Questions
Do you really lend in Wausau?
Yes. Investment property across St. Croix County and nearby River Falls gets the same terms and process as Hudson.
Do you lend in Schofield, Weston, Rib Mountain, and Stevens Point?
Yes. Investment property across the Wausau metro and nearby Stevens Point gets the same terms.
What's your minimum loan?
Loans typically start around $85,000. If your deal is close to that, send it and we'll tell you whether it works.
Do you fund pre-1940 homes that need major work?
Yes. Older homes are much of what our borrowers renovate. Your rehab budget and the after-repair value set the loan, and draws follow the work.
Will you fund a first-time flipper in Wausau?
Yes, with no arbitrary experience minimum. First-time borrowers who understand the process get funded.
Do you lend on rural property in Marathon County?
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 Wausau 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: Eau Claire hard money loans · Appleton hard money loans · Hayward. All markets: Wisconsin hard money lender.
