Texas hard money loans & Private Lending for rehabs
Our Mission: Helping investors acquire and rehab investment property with private based -hard money loans in Texas, specifically Dallas & Fort Worth, Austin, Houston and San Antonio being a focus. (RESIDENTIAL INVESTMENTS AND COMMERCIAL PROPERTY IN TEXAS)
HOW WE HELP INVESTORS WITH HARD MONEY AND PRIVATE LOANS:
UP TO 70% ARV
AS LITTLE AS 5% DOWN
********NEW - 20% down, the repairs are funded, rates from 9.5% - 10.5 , this is for borrowers with a bit more cash, want fast close , no income check. 9.5 - 10.5 % and 2 points , SAVE $$
CROSS COLLATERALIZE OTHER PROPERTY - NO MONEY OUT OF POCKET
1. Loans for foreclosures or distressed properties. (many will need repairs and quick closes , both of which banks will typically be unable to fund)
2. Loans for rehab - that may include repairs, loans to LLCs and various entities.
3. Cashout loans on investment property , typically up to 60% LTV
4. *****NON RECOURSE LOANS TO SELF DIRECTED IRA ACCOUNTS
We review your hard money loan scenario from start to finish and take every measure to make sure our borrowers enter into a profitable deal. We can be creative and discuss methods of acquiring property using other collateral, longer loan terms and more.
Texas hard money/private loans for investors are funded with our own capital and private individuals & small private shops with which we have relationships and partnerships.We have personally invested many of our loans and investments as well. We are fast.
We are investors ourselves and understand the needs of the investor as well as the lender. We provide a conduit to many private investors willing to fund your acquisition and repair of investment real estate in Texas.
Ask us how to use these simple transactions in building a rental portfolio with little down. We call it rehab-to-rental. We simply convert the short term hard money loan to a permanent mortgage. *************Dont forget about your long term financing needs for investment property. We have a conventional mortgage branch for bank-low rate needs.
HARD MONEY LOAN TYPES AND QUICK FACTS :
Major Metro areas and suburbs in Texas
Austin &San Antonio metro and suburbs, Houston metro and Dallas / DFW and are the focus for our hard money loans.
1- 4 unit residential rehabs (loan minimum 25K-no limit)
Up to 70% LTV ....
Other Locations in Texas: Hard Money loans in available in 2ndary markets in Texas. Tyler,Longview, Lubbock, Amarillo, Midland, El Paso, Corpus Christi, McAllen(The Valley), and others.