Hard Money in the Austin area
Hi folks, I am currently attempting to move to contract on a flip in the Austin area. While I don't normally flip this one is too good to pass up. 400k, minor repairs, ARV of 700k. I may be looking for a hard money lender on this one and would like to work with someone who is based in Austin TX - I am an active investor and would like to develop a relationship. Let me know if you are interested.
Most Popular Reply
I’d buy something like this in a heart beat ;-) so make sure you secure that puppy ASAP.
One of the most active local lenders is HouseMax. I’ve done multiple loans with them, they’re reliable. Your rates/terms will in general be based on credit and experience, but they have some of the better rates/terms for rehabs. Be prepared for at least 10% cash down on a purchase + some lender fees/closing costs/title policy, etc.
Good luck.