Hard Money for land

Land loan sizes can range from $100,000 to $5,000,000 on properties nationwide, and at almost, including raw land without any entitlements or fully entitled land for:
Purchase
Acquisition & Development
Development, only (loan against already owned land)
Lot Sales Programs and builder loans (spec included)
Refinance, no cash out (payoff seller, mature note…)
Hard Money/Fast Funded Loans 
Joint Ventures  with land owners
Non-recourse Loans  considered for 40% LTV or less
Rates and terms vary. Because of diverse investor /capital partner portfolio, we can only ballpark terms. 6 months –  30 year terms. Hard money rates (10-16%) 

Our land site

TEXASLANDFUNDS.COM (CLICK) 

 

 

 

Multifamily bridge loan

Nationwide (top 25 type markets ) for deals over 500k and for in Texas we will consider major markets : Dallas,Houston,San Antonio and Austin and also smaller markets in Texas such as Amarillo,Lubbock, Midland, El Paso, Tyler-Longview, Waco, College Station, and The Gulf Coast to the Valley. Loans in Texas as small as 200k.

HARD MONEY : 10.5- 14% PENDING DEAL SIZE

BRIDGE MONEY: 6-9% ,PENDING RISK AND SIZE

 

 

Apartment Bridge Process

 

We can arrange loans both internally and as intermediary giving us superior flexibility access more capital. Typical bridge and hard money loans may go up 10 million and more for “A” type properties and borrowers.

 

Texas Hard Money Blog

 

 

 

Other resources : Lending for

residential rehabs in Texas. | more

Apartment Hard Money loans & transaction types-

Apartment loans considered:

-Purchase and Rehab multifamily
-Purchase only (loan off of as is value)
-Refinance (payoff seller carry, mature loan…)
-Cash out (many clients cash out after paying -cash to acquire the apartment building)

WHERE: We are located in Texas but consider apartment buildings in most top 50 markets. 
1-3 Years 

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