Offering FAST financing solutions you need to purchase, rehab, sell or hold Houston, San Antonio, Fort Worth, and Dallas real estate investments.
Rehab Financing has many different names and is also known as private money, bridge lending, construction loans and sometimes hard money loans. The goal of a rehab loan is to provide access to acquire and repair distressed property.
The terms of a hard money loan are different to that of conventional financing. Most loans have a six to twelve month term and come with interest only payments that have a balloon payment at the end of the loan’s term. These loans are designed for real estate investors such as landlords or rehabbers to finance residential investment homes.
For real estate investors looking for foreclosures or distressed properties, the ability to fund quickly can be the difference between making or missing foreclosure deals that can provide huge returns. Today, banks and private sellers alike do not want to contract their foreclosure properties to buyers who require 30-45 days to get a conventional loan in place, especially if the property is distressed and there is a BIG chance the loan will not go through. Since we can provide the ability to fund a transaction in less than 48 hours you can be assured that no investment opportunity passes you by. We also come from a real estate foreclosure and investing background and understand the business, which makes borrowing money for the investment projects you’re interested in much more flexible and accessible.