We are one of the few lenders that do accommodate small transactions under $75k.

It’s fortunate that you’re in a border city.

Look for properties with recent transactions or those under construction to identify potential hot spots for future development.Search Filters: Use the advanced search filters to find properties and development projects.

2024 Trends to Watch:- Smaller leases (1,000-15,000 square feet) make up the majority of transactions and movement in 2023.- Tech companies are increasingly starting to call employees back to the office in a hybrid capacity.- Home to over 3,000 tech companies and a host of accelerators and incubators, Austin is quickly developing a reputation as a key player in the US AI startup scene.- According to Built in Austin, defense technology appears to be the leading area of interest for venture capital investors on the Austin tech scene.

Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

For those recommending agents, in our experience, +95% of agent only know how to deal with owner-occupied transactions.

We've worked together closely for 20+ years and he's very experienced with coordinated 1031X transactions.

Any specifics of the transaction you can share? 

. - Closing duration of multi plex mortgage loans is typically 45-60 days and more complex transactions can take up to 90.

And I think you should not ignore your  "spidey-senses" regarding this transaction.