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Funding Fix & Flip, Ground-Up Construction, and DSCR loans in 35 States. We're the lender for real estate entrepreneurs looking for fast funding, fair pricing, and amazing service.
There are 50 fix and flip lenders serving Dripping Springs, TX. The average note amount in the city is $301,250. Interest rates for loans average about 11.4%. The median note issued in this city has a length of 12 months. The mean origination for the loans is 3.6 points. Lenders typically offer a 75% LTV on loans in Dripping Springs.
Jeffrey finds a townhouse in Dripping Springs, TX to remodel and sell. Since he doesn't have enough cash available to buy the $200,000 property outright, he decides to take out a fix-and-flip loan from Deep Lake Investment Company. The lender agrees to make a note with a 70% loan-to-value (LTV) so they will extend $140,000 on the house. The parameters of the deal dictate a 14% note for 12 months. They also require a 5 point origination fee, that will also need to be paid when the property closes.
On top of the $7,000 origination fee, Jeffrey will also need to fund $60,000 of the purchase with his own cash, or 30% of the purchase price. The lender will collect $1,633 in monthly interest payments from the borrower. This is calculated by taking the full loan value of $140,000, multiplying that by the 14% interest rate, and then dividing that number by 12. If Jeffrey sells the project for $280,000 after 12 months, he would then make a total profit of $53,400 after subtracting the principle amount of $140,000, the money paid at the close of $60,000, the origination points of $7,000, and the total interest payments of $19,600. This gross profit doesn't include rehab costs.
Julian locates a house in Dripping Springs, TX to remodel and re-sell. Since he does not have enough cash to buy the property outright, he takes a fix and flip loan from Big City Finance Group with the following parameters:
a) A $310,000 purchase price, b) a 65% loan-to-value (LTV), c) a 12 month term, d) a 14% interest rate, and e) a 4% origination fee.
If Julian accomplishes his goal of a $372,000 sales price, the numbers of the deal would be the following:
$372,000 sales price
- $201,500 note principle (65% LTV)
- $108,500 down payment (35% on 65% LTV)
- $8,060 origination fee (4% of the $201,500 principle amount)
- $28,210 total interest paid (12 months x 14% interest)
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= $25,730 gross profit (doesn't include taxes or rehab costs)
Funding Fix & Flip, Ground-Up Construction, and DSCR loans in 35 States. We're the lender for real estate entrepreneurs looking for fast funding, fair pricing, and amazing service.
Nation’s fastest and easiest private real estate lender - Funding Fix and Flip, Ground-Up Construction, and DSCR. Closing as fast as 5 business days!
With more than $12.3B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors!
Offering Fix and Flip, Bridge, and DSCR loans. With same day approvals, 3-5 day close time, and lending in 47 states, Park Place Finance will get your next deal funded fast!
The ORIGINAL LENDER of NOT requiring any of the below: NO Application, tax returns, credit check, appraisals, pre-inspection, prepay penalty, upfront fees, survey, bank statements or employment!
Patterson Investments is a family owned Austin-based lender specializing in fix and flip and ground up construction loans in Austin and San Antonio. Our rates and terms are flexible and we can often close in as little as 3 ...
Hard money loans are all about financial leverage. These are short-term loans from 6 months to 5 years, with less verification for the borrower than conventional loans. These cover purchases, refinances, fix-n-flips and other leverage scenarios involving real estate. When ...
Zeus Mortgage Bank is a Houston, TX based hard money lender who provides funding throughout Dallas, Houston, Austin, and San Antonio. They provide lending solutions for a variety of scenarios, including short term bridge loans, private commercial loans, ...
Based in New Braunfels, Texas, Corridor Funding is a private money lender providing loans in Austin, San Antonio, Dallas, and Houston. They offer fix and flip loans, buy and hold rehab loans, new construction loans, and longer ...
Tidal Loans is a hard money lender based in Houston, Texas. They issue loans throughout the Houston, Austin, and San Antonio real estate markets. They offer flexible loan terms for fix and flip, longer term "temp to perm" loans for ...
Headquartered in Houston, TX, Noble Mortgage & Investments is a private lender providing loans throughout Houston, Dallas, Fort Worth, San Antonio, and Austin. They offer commercial hard money loans, loans for investments properties, fix and flip hard money ...
Park Place Funding is private money lender based in Austin, TX. They offer funding throughout Dallas, Austin, and San Antonio. They offer loans for many different needs and situations, including rental property loans and fix-and-flip hard ...
Little City Investments is an Austin, TX based hard money lender who provides funding in Houston, Austin, and San Antonio. They offer fix and flip hard money loans and loans for investments properties. They provide terms up to 1 year, ...
A List Partners is an Austin, TX based hard money lender providing loans throughout Dallas, Austin, San Antonio, Fort Worth, and Houston. They offer loans for many different needs and situations, including short term fix and flip loans, ...
Capital Concepts is a private money lender based in Houston, TX providing loans in Dallas, Houston, Austin, and San Antonio. They offer buy and hold loans, cash out hard money loans, private commercial loans, and fix-and-flip loans. ...
Texas Quest Capital is private lender based in Houston, TX. They offer funding throughout Dallas, Austin, San Antonio, Fort Worth, and Houston. They offer lending solutions for many different situations, including fix-and-flip loans, loans for investments ...
Conquest Capital Partners is an asset-based lender providing loans in Boston, Dallas, and Austin. They provide lending solutions for a variety of situations and needs, including ground up construction loans, hard money bridge loans, loans for investments properties, private refinancing, ...
Headquartered in El Paso, TX, Marquis Lending is an asset-based lender offering funding in El Paso, Houston, Austin, San Antonio, Dallas, and Fort Worth. They provide long term rental property loans, short term fix and flip loans, ...
Capstone Capital Partners is hard money lender based in Austin, TX. They provide funding in Dallas, Austin, San Antonio, Fort Worth, and Houston. They provide commercial hard money loans, rental property loans, builder loans, hard money ...
Center Street Lending is a private lender headquartered in Irvine, CA offering loans throughout the country. We provide hard money loans for business purpose and non-owner occupied residential properties. Fix and flip, buy and hold, rental property loans, bridge and ...
Kell Capital, LLC, is an asset-based private lending company based in downtown El Paso, Texas. Since 2011, their funding has helped to improve communities throughout El Paso and Austin by bettering the real estate landscape, helping to improve the viability ...
Streamline Funding is a private lender headquartered in Austin, TX providing loans across these locations: Dallas, Houston, Austin, San Antonio, Waco, College Station, Laredo, Corpus Christi, Port Aransas, and Brownsville. They provide loans for a variety of situations, ...
Based in Garland, TX, Rehabbers Capital is a private lender providing funding throughout these areas: Dallas, Fort Worth, Houston, Austin, Waco, Temple, Killeen, and Tyler. They offer fix and flip loans and long term rental property loans. ...
Bay Mountain Capital is a private lender headquartered in Dallas, TX offering funding in Texas, Oklahoma, Georgia, and Tennessee. They offer hard money loans for commercial and single-family residential properties that are non-owner occupied.Their loan guidelines are flexible, and they ...
Headquartered in Austin, TX, Nexus Private Capital is a private money lender offering funding in Austin. They offer loans for a variety of situations and needs, including private commercial loans and fix-and-flip hard money loans. They issue ...
Red Door Funding is a private money lender based in Stafford, TX providing loans in Houston, Austin, and San Antonio. They provide lending solutions for many different scenarios, including buy and hold loans and fix-and-flip loans. They ...
212 Loans is a San Antonio, TX based private lender offering loans across these areas: Los Angeles, San Diego, Denver, Phoenix, Dallas, Fort Worth, Austin, San Antonio, Houston, Galveston, Chicago, Nashville, Atlanta, Charlotte, and Tampa. They offer loans ...
Stratton Equities is the Leading Nationwide Direct Private Money & NON-QM Mortgage Lender that specializes in fast and flexible lending processes. We have the largest library of private money and NON-QM nationwide loan programs under one roof. Our team is ...
Anchor Loans is a California based Hard Money Lender. They provide loans in 46 states throughout the US. They are the largest Fix-and-Flip lender in the U.S. lending over $7.1 Billion life-to-date in total loan volume to real estate investors. ...
Direct Lending Partners originates short-term real estate loans for the purpose of acquiring and renovating distressed residential real estate in the states of AL, CO, CT, DC, DE, FL, GA, ID, IL, IN, KS, KY, LA, MD, MO, NC, NE, ...
With more than $21B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors (REIs). Kiavi harnesses the power of data & technology to offer REIs a simpler, more reliable, and faster way ...
Noble Capital is private money lender based in Austin, TX. They provide loans in Texas. They provide fix-and-flip hard money loans and buy and hold loans. The focus of their lending is ...
Next-Financing is based in Scottsdale, Arizona and has a satellite office in Silicon Valley, California. They offer a wide array of financing options for businesses, including fix and flip loans and loans for rental properties. They lend on ...
Jcap is a Newport Beach, CA based direct lender who closes and services investor funded short-term real estate loans. They provide loans in 43 states. They offer private refinancing, fix-and-flip hard money loans, investment property loans and more. Their loan ...
Based in Rockville, MD, ACC Mortgage is a hard money lender offering loans in 16 states across the country. They offer fix and flip loans, commercial loans, private refinancing, and buy and hold loans. Their loan parameters ...
We want to see any commercial transaction that makes sense. The principals at Harbor Private Equity have over 75 years experience in the hard money, bridge loan marketplace. We specialize in raw land, development, construction and bridge loans for non-owner ...
Manana Funding is private money lender based in Austin, TX. They offer loans throughout Dallas, Austin, San Antonio, Fort Worth, and Houston. They offer lending solutions for many different situations, including investment property loans and fix ...
Pinnacle Mortgage is private money lender based in Houston, TX. They offer loans in Dallas, Houston, Austin, and San Antonio. They offer rental property loans, cash out loans, private commercial loans, and fix-and-flip hard money ...
Headquartered in Dallas, TX, FW Funding is a private lender providing loans in Dallas, Austin, San Antonio, Fort Worth, and Houston. They offer buy and hold loans, private commercial loans, and fix and flip loans. ...
Based in Dallas, TX, Longhorn Investments is a private money lender providing funding throughout these areas: Dallas, Fort Worth, Houston, Austin, San Antonio, St Louis, Kansas City, Indianapolis, Charlotte, Greensboro, Winston-salem, Raleigh, and Durham. They offer lending solutions ...
Thrive Lending is hard money lender based in Austin, TX. They offer funding throughout Dallas, Houston, Austin, San Antonio, and Fort Worth. They offer loans for a variety of situations and needs, including new construction loans, ...
Larry The Lender is private money lender headquartered in Houston, TX. They offer loans throughout Houston and Austin. They provide hard money loans for commercial properties, rental property loans, cash out hard money loans, and fix-and-flip ...
Based in Spring Branch, TX, Construction Financial Services is a private money lender offering loans throughout these areas: Austin, Corpus Christi, Dallas, Del Rio, Floresville, Fort Worth, Houston, Lubbock, San Antonio, Brownsville, and Waco. They provide fix-and-flip hard ...
Great Central Mortgage Acceptance Co is hard money lender based in San Antonio, TX. They provide loans in Dallas, Houston, Austin, San Antonio, and Corpus Christi. They provide private commercial loans, buy and hold loans, ...
Mobius Capital is a private money lender offering funding across the following areas: San Diego, Los Angeles, San Jose, San Francisco, Dallas, Houston, Austin, and San Antonio. They offer lending solutions for a variety of scenarios, including buy ...
Based in San Antonio, TX, Proactive Lending Group is an asset-based lender offering funding throughout Dallas, Houston, Austin, San Antonio, Laredo, and Brownsville. They offer private commercial loans, fix and flip hard money loans, and rental property ...
Investmark Mortgage is an Addison, TX based private lender providing loans in Dallas, Austin, San Antonio, and Fort Worth. They offer short term fix and flip loans and rental property loans. Their lending guidelines are versatile, including ...
Based in San Antonio, TX, Entrust Equity Funding is a hard money lender providing funding in Dallas, Austin, San Antonio, Fort Worth, and Houston. They provide loans for many different scenarios, including long term rental property loans, hard ...
Urban Coyote Funding is a private money lender headquartered in Dallas, TX offering loans throughout Dallas, Houston, Austin, and San Antonio. They offer fix-and-flip hard money loans, commercial hard money loans, and loans for rental properties. ...
Steadfast Funding is an Austin, TX based hard money lender who offers loans throughout Dallas, Austin, San Antonio, Fort Worth, and Houston. They provide loans for a variety of scenarios, including fix-and-flip hard money loans, hard money construction ...
Headquartered in Chicago, IL, Renovo Financial is an asset-based lender providing funding across these locations: Chicago, Milwaukee, Detroit, Indianapolis, Cleveland, Cincinnati, Columbus, Philadelphia, Atlanta, Orlando, Tampa, Miami, Austin, San Antonio, Houston, St Louis, and Kansas City. They provide ...
Relative Lending is a Houston, TX based private lender who provides loans throughout Houston and Austin. They offer lending solutions for many different scenarios, including short term fix and flip loans, long term rental property loans, and hard ...
Headquartered in Austin, TX, Prein Funding is a private money lender providing loans in Austin, San Antonio, Houston, Dallas, and Fort Worth. They offer short term bridge loans, private commercial loans, fix-and-flip loans, and long term rental ...
Austin Private Funding is a hard money lender based in Austin, TX providing funding throughout Austin. They offer fix-and-flip loans, commercial hard money loans, and short term loans. They offer terms between 1 month and 1 ...
Realistic Funding is a Round Rock, TX based hard money lender. They provide loans in Austin. They provide fix and flip hard money loans, buy and hold loans, and private refinancing. They ...
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