Our services offers immediate results with creative capitalization plans that meet the unique set of financial circumstances of each transaction. Our capital sources are lending and buying property. We have set up a group to evaluate lending and buying opportunies on apartment buildings. We focus on transactions for in Texas majore markets: Dallas,Houston,San Antonio and Austin. Major metro areas nationwide for loans over 500k are also considered.
CONSIDER OUR TEXAS COMMERCIAL MORTGAGE AND INVESTMENTS, LLC FOR MORE......
-Purchase and Construction multifamily and Portfolios
-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) up to 80% LTV
WHERE: We are located in Texas but consider apartment buildings in most top 50 markets.
1-3 Years
OTHER PROPERTY TYPES:
commercial income properties
land in Texas considered
Loan Size:
$500k to $10 Million.
100k min in Texas 1st and 2ndary markets
Interest Rates:
Rates as low as 12% (depending size and location and strength of transaction)
Prepayment:
varies
Loan to Value (LTV):
Up to 70%(most 60 - 65)
Origination Fee:
varies (2-5)
Closing Times:
less than 30 days, quicker if all information needed is available |