RECENT CLOSINGS - TEXAS REHAB LOANS AND HARD MONEY EXAMPLES
Recent deals as of Oct 2014:
390,000 on DFW Rehab - 12 month loan
Various 40,000 - 120,000 rehab loans in Austin,Dallas, Houston and San Antonio
Commercial land of 600,000 in Dallas
Commercial office - redevelopment opportunity in Austin -500,000.00
These recent loans were 6 - 12 months and 11.5- 13.5% interest only, the time to close was less than 2 weeks on all.
30k - 220k on rehabs in DFW, Austin, San Antonio , (these loans were cashouts and some cross collateralized loans)
Land Loan - commercial pad site
subdivision loan of almost 1 million
retail center in Mo. , 1 million
We help investors acquire and rehab investment property with asset based -hard money loans in Texas, specifically Dallas, Austin, Houston and San Antonio.
Our focus is on placing Texas hard money loans with capital groups which we have relationships. 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 or nothing down. We call it rehab-to-rental. We simply convert the short term hard money loan to a permanent mortgage.
HARD MONEY LOAN TYPES AND QUICK FACTS :
Major Metro areas and suburbs in Texas
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.