Texas hard Money Historic rehab

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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.

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