Texas hard money & rehab loans
CASHOUT - TEXAS HARD MONEY - CASHOUTS
New *** BLANKET LOANS FOR CASHOUT ON YOUR EXISTING PORTFOLIO - RATES FROM 6.5% (5 + PROPERTIES)
While still a hard money loan, its often misunderstood. With Hard/Private money there is no seasoning or TX cashout laws as long as:
Purchase with Cash and "cashout" or refinance and get a portion of your purchase money back. we do not recapitalize your entire project- 100% financing
Non- Owner Occupied property only. (no cashouts on primary residence)
Loan to value up to 70% - slightly lower than purchase and rehab loans.
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.
Comments (link to guidelines) remove comments