Apartment Hard Money

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 opportunities on apartment buildings. We focus on transactions for in Texas major markets: Dallas,Houston,San Antonio and Austin. Major metro areas nationwide for loans over 500k are also considered.

HARD MONEY : 10.5- 14% PENDING DEAL SIZE

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

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

OTHER PROPERTY TYPES:
commercial income properties

land in Texas considered


Loan Size:
$150k to $10 Million. (350k if out of state)

100k min in Texas 1st and 2ndary markets

Interest Rates:
Rates as low as 12% (depending size and location and strength of transaction)

**we handle your exit strategy (long term apartment loans )

Prepayment:
varies

Recourse: typically required, but non recourse is available

Loan to Value (LTV):
Up to 70%(most 60 - 65)

Origination Fee:
varies : 2-5 (pending size and type of deal0

Closing Times:
less than 30 days, quicker if all information needed is available