Hard money – (non-bank) funded loans with Apartment & Multifamily property in mind.
Our bridge and hard money loans offer immediate results (close in 1- 3 weeks) 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 can arrange loans both internally and as intermediary giving us superior flexibility access more capital. Typical bridge and hard money loans may go up 10 million and more for “A” type properties and borrowers.
Nationwide (top 25 type markets) for deals over 500k and for in Texas we will consider major markets: Dallas, Houston, San Antonio and Austin. Also smaller markets in Texas such as Amarillo, Lubbock, Midland, El Paso, Tyler-Longview, Waco, College Station, and The Gulf Coast to the Valley. Loans in Texas as small as 200k.
HARD MONEY: 8.5- 14%, PENDING DEAL SIZE AND LOCATION
BRIDGE MONEY: 4-9%, PENDING RISK AND SIZE – NON-RECOURSE AVAILABLE