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Hard money and fix and flip loans in Kaneohe, HI
Loans for older homes to renovate, long-term rentals and rebuilds near Kaneohe Bay.
The Kaneohe market for investors
Kaneohe is the largest town on the Windward side, set between the Koolau mountains and Kaneohe Bay. Its housing stock is older and generally priced below Kailua, and Marine Corps Base Hawaii on the Mokapu Peninsula keeps steady demand for long-term rentals.
Investors buy single-family homes from the 1950s through the 1970s to renovate, hold long-term rentals for military and local families, and build on lots with room for an additional dwelling unit.
Areas investors ask about
- Near Marine Corps Base Hawaii: long-term rentals for military households
- Older subdivisions along Kamehameha Highway: homes to renovate and resell
- Hillside neighborhoods toward the Koolaus: larger homes and views, with steeper lots
Plan for these on a Kaneohe deal
- Outside resort-zoned areas, residential rentals on Oahu must run at least 30 days, and a 2025 ordinance raises that to 90 days for many properties. Underwrite on long-term rent unless the property may legally rent for shorter stays.
- Older homes often need termite, roof and electrical work. Order the termite inspection early and price what it finds.
- Renovations that change structure, plumbing or electrical need a building permit from the Department of Planning and Permitting, which can take months. Choose a loan term that covers it.
- A home the owner does not live in is taxed at the Residential rate if assessed under $1 million, and in the higher Residential A class at $1 million or more. Use the rental figure, not the seller’s bill, when you calculate the DSCR.
Loans available in Kaneohe
| Program | Use it for | Top leverage |
|---|---|---|
| DSCR rental loans | Purchase or refinance of long-term rentals, condos, condotels and permitted vacation rentals | 85% loan-to-value to buy, 80% on a cash-out refinance |
| Ground-up construction loans | Building a home or rental from the ground up, with the lot included | 90% of cost for experienced builders, up to 70 to 75% of the finished value |
| Fix and flip loans | Purchase plus renovation of a property you intend to sell | 90% of the purchase price and 100% of the rehab, up to 70 to 75% of after-repair value |
| Portfolio and commercial loans | A group of rentals under one note, or multifamily and commercial property | 80% on a portfolio purchase; commercial priced per deal |
Kaneohe hard money loans: common questions
Yes. We lend up to 85% loan-to-value on a rental purchase and up to 80% on a cash-out refinance, qualified on the property’s rent.
Yes, as a construction loan on an investment property, where the lot qualifies under Honolulu’s rules.
Fix and flip loans average up to 21 days and can close in about 7 days when title and insurance are ready. Rental and DSCR loans take about 30 days, appraisal included. Closings are handled by a Hawaii escrow company.
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Looking at a property in Kaneohe?
Send the address, the price and what you plan to do with the property. We will reply with the leverage and pricing that fit your deal.