Nexus Private Capital

About Nexus Private Capital

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 terms up to 12 months, rates starting at 10.75% , and loans with a maximum LTV of 70%. They will make loans on many types of properties, including single family residences, multi family, office buildings, retail spaces, and industrial facilities.

Loan Types Offered: Fix and Flip Loans, Commercial Hard Money Loans

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

Areas Served: Austin

Lending Guidelines for Nexus Private Capital

Below are the general loan guidelines published on the Nexus Private Capital 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 Nexus Private Capital.

Loan Example 1

Kristina finds a townhome in Austin, TX to flip and re-sell. Since she doesn't have enough cash available to buy the $220,000 project outright, she decides to take out a fix-and-flip loan from Nexus Private Capital. The terms of the loan include a 75% loan-to-value (LTV), so she must bring 25% of the price as cash at closing, which makes the principle note amount $165,000. The parameters of the deal dictate a 11% note for 12 months. They also stipulate a 3 point origination fee, that will also be paid when the property closes.

Kristina will need to bring $55,000 at the closing (25% on the 75% loan-to-value), plus she will pay the $4,950 origination fee. Once the deal closes, she will pay Nexus Private Capital $1,513 in monthly interest payments, or 11% times $165,000 divided by 12 months in a year. At the end of the note, she sells the rehabed house for $275,000. After subtracting the $18,150 in interest expenses ($1,513 times 12 months), the $4,950 origination fee, the $165,000 principle amount on the note, and the $55,000 she brought to closing, she will make a total profit of $31,900 ($275,000 sales price minus $243,100 in total costs). This amount would then be reduced by any renovation costs paid by Kristina.

Loan Example 2

Nexus Private Capital makes a hard money loan to Ingrid for a rehab project in Austin, TX. The deal includes the following:

$360,000 sales price
70% loan to value (LTV)
12 month term
13% interest rate
1% origination fee

Ingrid intends to sell the house when the note expires for $504,000. If she accomplishes her goal, the outcome would be the following:

$504,000 sales price
- $252,000 note principle (70% LTV)
- $108,000 cash paid at closing (30% on 70% LTV)
- $2,520 origination fee (1% of the $252,000 principle amount)
- $32,760 total interest paid (12 months x 13% interest)
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= $108,720 gross profit (does not include taxes or renovation costs)

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