HOUSTON HARD MONEY

ACQUIRE RENTAL PROPERTIES AT LESS THAN THE BANK 20% DOWN.

This is a simple concept, yet many investors are still not taking advantage of this opportunity. 10-20% down is required now on all investment property mortgages. That forces out many investors or limits the acquisition of property to 1 or 2 deals. If you hold for 12 months then its possible to refinance and cashout to 70% LTV

Rehab to rental is the answer.

Rehab to Rental Loans

1. 80-90% loan to cost financing

Find fixer upper homes and acquire the property
 Once repairs are complete, rent the property.

2. Convert to 30 year   /  permanent loan put into rental service. Usually refinancines are no more than 80%

ADVANTAGE:

0-5% DOWN (not offered today by conventional loans)

BETTER TERMS, BECAUSE OF LOWER LTV FINANCING, RATHER THAN 0 DOWN CONVENTIONAL 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 or nothing down. We call it rehab-to-rental. We simply convert the short term hard money loan to a permanent mortgage.