Texas Hard Money Loans& Rehab Lender - Dallas - Austin - San Antonio - Houston - Private Loans for Rix & Flip , Investment Property

Texas hard money & rehab loans for flips

& Rental acquisitions (typically "value add" & fixer upper type properties)

Our Mission: Since 2004, A Texas based (Dallas,TX based) rehab hard money ,private funding and investment (flips and rentals) property funding - by providing private(asset based, non credit driven loans) 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)
**UPDATE (October, 2021) - Due to increased appraisal times we are closing loans under 350,000 without appraisal. We can still close in 5 - 10 days.

MARCH 18th 2022 update:

***BUILDERS, NEW LOT PROGRAM , CLOSE IN DAYS , USE OUR MONEY FOR LOT ACQUISITION UNTIL CONSTRUCTION FINANCING******** LOANS FROM 30K ON LOTS

"simple rehab" ( our signature program)

close in 7 days or less,

Pro (good for quicker, lighter rehab, BRRR)

10 15% down

close in 2 weeks (BPO/Inspection required)

9-10.5% 1-2 points

Gold (for experienced investors, best rate, 30 days to close), rates from 6.8-8.5)

must have 30 days to close ,full appraisal needed, best for large projects

****80% to ARV program , for 1970 and newer homes, ask - 214 824 0417

RATES from 8% for 9- 12 months - std rehab loan , 90% LTV
12% 1.5 POINTS FOR 6 MONTHS (fast close - up to 100% ARV
10.5 %FOR REPEAT BORROWER OR PROVEN EXPERIENCE or 10% down)

Loans for the Pro Flipper, 10 20% down, 100% of rehab, 3 flips or more in 2 years, metro market ,

7.5- 9% , 2 Points, min loan 150k

Flexibility - ask about BRRR program. 14 month loans available allow for seasoning.

**ask about our "rehab to rental" loans , know how acquire, rehab and create a "landlord" loan.DSCR, BRRR, Landlord Loans and more. Do you have 650 or better credit . Do you have low credit but good cash flowing property , hurry up and call before program changes , "problem solver" for landlords - 214 824 0417

Our std. program is for fast closes . Closing can occur in as little as 3 days with no appraisal prior to closing. 12% and 2 points and 12 months is good for 100k + loans , (note we can extend for 90 days if you need 12 months for title seasoning (for long term loans) .

Loans and Quick Guide to Texas Rehab Loans and landlord loans

1.long term funding for rentals (rates from 3's , 3 levels Pro,Investor, Problem solver loans )

2. Nationwide Rehab and Hard Money available. (Nationwide programs from 8% for experienced flippers and good reserves(cash) 80 - 90% of total cost, (must have appraisal) metro markets with 15k + population

3.Equity and Gap Funders ok on our loans - USE OUR UNSECURED LINE OF CREDIT for Gap Funding(SEE MORE) ** WE HAVE BUSINESS LOANS TOO . (680 MIN CREDIT)

Other Benefits :

*** True asset based lending in Texas- Deal and property driven - not borrower credit and income driven - we can fund hard money with no bank statements or tax returns*********

**new - Cash buyers read: PURCHASE MONEY- CASHOUT/& DELAYED FINANCING- REFINANCE- LET US SOLVE YOUR FUNDING PROBLEM WITH PRIVATE-HARD MONEY MORTGAGES- FINANCING -REHABS-FIX & FLIP

What makes us different ? - Speed,Flexibility and Simplicity- not beholden to private fund rules , bank rules or anyone but the agreement of our internal underwriting and investors in our company.

Notes and Articles below:

What is BRRR? What if you decide to rent (REHAB TO RENTAL) the property? Let us take out your hard money for your rental loans (long term or short term for acquisition) from 3.75 for-% 30 years - based on cash flow,then credit ( NON BANK LOANS FOR Challenged credit, income or you just have too many loans for conventional (Fannie Mae and Freddy Mac guidelines)

hard money cashouts for investors - we are flexible and creative as long as investors collateral meets ltv standards

New****** Spec Construction loans from 80% of cost of project - your free and clear lot or other collateral (more)

APPLY NOW (will take you to the 2 step Texas Rehab Application Process)

Loans and Process

Quick Pitch - have your address, purchase price, repairs, notes on property (ie, schools, street, design,....be "story teller" - most investors miss the "story' part of the deal.

Some ideas and uses of our Texas Hard Money Loans:

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 70% LTV(case by case) , inherited propery, cross collateral other Texas Investment Properties for a loan

4. Construction and development (lot development , horizontal and vertical construction)

4. *****NON RECOURSE LOANS TO SELF DIRECTED IRA ACCOUNTS (PURCHASE PROPERTY IN YOUR IRA OR INVEST IN OUR LOANS WITH YOUR IRA)

5. Blanket loans ,recourse bridge and non-recourse permanent loans from $500,000 to over $20 million for portfolios with a minimum of five (5) properties, but includes no upper limits on the number of properties in a portfolio.

***CONSULTING ON PROPERTY ACQUISITION- Foreclosure, Tax Liens, HOA judgements, more..bring us the deal

OUR PROCESS:

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. Use our Hard Money Profit Analyzer to make sure your deal is profitable.

Texas hard money/private loans for investors are funded with our own capital and private individuals . 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.