Hard money loans in Sullivan's Island, SC.
Sullivan's Island is the most exclusive of the three beach communities — strict ordinance against short-term rentals, deep-pocketed full-time and second-home buyers, and a comp set that's largely cash-driven. The flip math runs on resale margin alone.
What we look for in Sullivan's Island.
The numbered station blocks (Stations 9 through 32) define the inventory map — the lower numbers (closer to Breach Inlet) trade on the historic-village charm; the higher numbers (closer to the Isle of Palms connector) trade on lot size and oceanfront proximity. Middle Street and the I'On Avenue cottages are the historic heart. With no STR income to underwrite, every Sullivan's deal lives or dies on the resale comp.
Built for Sullivan's Island investors.
Transparent pricing — no junk fees.
12% rate, 2 origination points. That's it. No processing fees, no document fees, no underwriting fees, no surprise line items at closing.
Same-day approvals.
We're the decision-makers. Send us a Sullivan's Island deal and you'll have a verbal approval the same day — usually by phone — and we typically fund within 5-10 business days.
Over 1,000 loans funded.
Kayak Capital has funded more than 1,000 hard money loans across 12+ years of lending. We bring that underwriting playbook to every Sullivan's Island deal we review.
Construction draws made simple.
Heavier rehab in Sullivan's Island? Our draw process is fast and unbureaucratic — most draws fund the same day the inspector clears the work.
Common questions from Sullivan's Island borrowers.
What loan-to-value will Kayak fund in Sullivan's Island?
We typically fund up to 70% of the after-repair value (ARV). For experienced borrowers and high-comp neighborhoods like Stations 9-32 (numbered streets), we sometimes go higher. Call us with the deal and we'll tell you what we can do.
How fast can you close on a Sullivan's Island property?
Standard turnaround is 7-10 business days from signed contract — sometimes faster. Same-day verbal approvals so you can move on the deal before someone else does.
Do you fund first-time investors in Sullivan's Island?
Yes — but we underwrite the deal first, the borrower second. If the Sullivan's Island property pencils out and the rehab plan is sound, we'll consider funding a first-timer.
What kind of Sullivan's Island properties don't you fund?
Owner-occupied homes (we're investment-only), raw land without a build plan, and properties outside our Lowcountry coverage. Everything else, we'll consider.