DHLC Investments Incorporated

About DHLC Investments Incorporated

DHLC Investments Incorporated is hard money lender headquartered in Dallas, TX. They offer loans throughout Texas. They provide loans for many different situations, including buy and hold loans, cash out loans, fix-and-flip loans, and commercial loans. They provide rates ranging between 11% and 14%, loan amounts ranging from $100,000 to $1,000,000 with a maximum LTV of 70%, and terms between 6 months and 1 year. They require borrowers to have a minimum FICO score of 660 to receive a loan. They offer loans on the following types of properties: single family residences, multi-family units, offices, and retail storefronts.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans, Refinance / Cash Out Loans

Property Types Covered: Single Family, Multi Family, Office, Retail

Areas Served: TX

Lending Guidelines for DHLC Investments Incorporated

Below are the general loan guidelines published on the DHLC Investments Incorporated website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by DHLC Investments Incorporated.

Loan Example 1

Tommy finds a condo in Houston, TX to renovate and resell. Since he does not have enough cash on-hand to buy the $150,000 project outright, he decides to take out a hard money loan from DHLC Investments Incorporated. The lender agrees to issue a loan with a 50% loan-to-value (LTV) so they are willing to loan $75,000 on the house. The terms of the deal also stipulate a four percent origination fee which will be paid at closing and a 18 month, interest-only note with a 8% rate of interest.

On top of the $3,000 origination fee, Tommy will also fund $75,000 of the purchase with his own funds, or 50% of the sales price. After the loan closes, he will need to pay DHLC Investments Incorporated $500 in monthly interest fees, or 8% multiplied by $75,000 divided by 12 months in the year. At the expiration of the loan, he sells the renovated house for $210,000. After subtracting the $9,000 in interest expenses ($500 multiplied by 18 months), the $3,000 origination fee, the $75,000 principle amount on the loan, and the $75,000 he contributed to closing, he will earn a gross profit of $48,000 ($210,000 sales price minus $162,000 in costs). This profit would then be reduced by any building costs paid by Tommy.

Loan Example 2

Jeannette locates a property in Houston, TX to remodel and sell. Because she does not have enough cash to buy the property outright, she takes a fix and flip loan from DHLC Investments Incorporated with the following parameters:

$310,000 sales price
65% loan-to-value (LTV)
12 month term
14% rate of interest
1% origination fee

After the renovation project is complete, if Jeannette sells the house for $449,500, the outcome would be as follows:

$449,500 sales price
- $201,500 note principle (65% LTV)
- $108,500 cash paid at closing (35% on 65% LTV)
- $2,015 origination fee (1% of the $201,500 principle amount)
- $28,210 interest payments (12 months x 14% interest)
-----------------------
= $109,275 total profit (does not include taxes or rehab costs)

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