TEXAS INVESTMENT PROPERTY UPDATE: June 2008

******CONVENTIONAL FINANCING IN MOST STATES

 

 

INVESTOR LOAN PROGRAMS

TEXAS INVESTOR LOANS(Overview)

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CONSTRUCTION

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EXAMPLE DEALS

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TEXAS REHAB LOANS (OUR NEW SITE) *******

 

 


 

 

Dallas Office 866 -489-LEND(5363)

FOR QUICK REVIEW (CLICK) WE SEE SO MANY INVESTMENT PROPERTY LOAN REQUESTS DUE TO BANKS CUTTING BACK, THIS WILL HELP US DETERMINE IF YOUR LOAN IS FEASIBLE.

APPLY ONLINE (CLICK) 5 STEP 1003 APPLICATION

Download Loan application (1003)

DOWNLOAD YOUR SUPPORTING DOCS HERE (RATHER THAN EMAIL)-CLICK

iinvestment property loans including: 100% financing, cash outs, rehabs, unlimited amount of properties owned, llc's and more:


CLICK HERE TO EMAIL US

INVESTOR LOAN SUMMARY FORM (CLICK)

Investment property loans

We are texas mortgage brokers specializing in investor loans. We can handle everything from raw land to long term financing for your rental property or show you creative ways to help the home buyer acquire your rehabbed property. From 0 down, to no income verification, no documentation, cash outs with no seasoning. APPLY ONLINE, for quick pre qualification.

Income /investment property funding - the most important part of your project?

Investment loans……What is your strategy?

THESE ARE ALSO CALLED NON-OWNER OCCUPIED LOANS

Below is a brief summary of how to finance Texas investment property.
1. The 3 basic sources of investor loans and solutions

a. Bank (local) financing (typically for short term solutions)
b. Private/ hard money (again, short term for rehab or quick acquisitions)
c. Long term financing/mortgages: (for purchase of currently occupied or move in condition properties. We use to refinance bank and private money loans)

2. How we can help overcome common problems associated with investment property financing.

Some problems you may have faced in the past for investment property loans:

No limit on number of properties (you have more than 10, more than 20) bank (local bank or hard money)

seller carried 2nds to 100% CLTV (you want 0 down) hard money
no landlord experience (new investors)
no reserve requirements (lender stated you lacked proper reserves)
no job verification ( we have no documentation investment loans)

3. We are investment loan consultants and offer Quick analysis of the initial financing decision:

NOTE: READ BELOW ON HOW TO OBTAIN RENTAL PROPERTY WITH VIRTUALLY NOTHING OUT OF POCKET AND HAVE 20-30% EQUITY THE DAY YOUR RENTER MOVES IN!

Short term/rehab loan: you need an investment loan to acquire property to rehab
            And sell. Maybe you need a loan to secure your investment real estate
            To fix and turn into a rental.
REHAB TO RENTAL: Let us show you how to acquire with private money  or bank money. Then let us refinance your bridge loan into long term financing for Texas rental property.

Long term financing: You found a property that is ready for renters or is currently occupied by renters. You need  to be pre-approved.

CLICK HERE FOR MORE INFO ON TEXAS INVESTOR LOANS

Getting started - Get a pre-approval

What is the difference between pre-approval and pre-qualification?

The pre-approval process is much more complete than pre-qualification. For pre-qualification, the loan officer asks you a few questions and provides you with a pre-qual letter. Pre-approval includes all the steps of a full approval, except for the appraisal and title search. Pre-approval can put you in a better negotiating position, much like a cash buyer. Pre approval is almost like a line of credit and if you are competing against other buyers for a property without pre approval your offer will be considered before those without pre approval.

 


 

 

From a recent report about Dallas and Texas,

All real estate is local. Some of the national predictions will not mean a whole lot at the local level. Markets like Salt Lake City and Charlotte are strong. Boston, Northern Virginia and Sarasota, Florida, which had experienced a deep sales slump, have been showing signs of increased sales of late. Strong job gains in the affordable Houston and Dallas markets will continue to lead to higher home sales there.

 

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DALLAS REAL ESTATE BLOG (FROM D MAGAZINE)

 

 

New site about Lakewood in Dallas (lakewood guide)