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Forums » Mortgages & Lending » Texas Hard Money Bridge Loans

Texas Hard Money Bridge Loans Subscribe to Texas Hard Money Bridge Loans

6 posts by 3 users

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Tag Tags: houston-loans dallas-loans austin-loans san-antonio-loans


John Broussard

Real Estate Broker · houston, Texas


Forum_avatar_avatar-jb

Icon_minipost Nov 02 '09, 09:34 AM

We are still closing loans, Hard or Private Funds are available for good deals with viable exit strategys. Commercial & Residential Purchases and Rehab Loans, Cash Outs or Refinances. LTV up to 65% with no prepays and terms form 6 months to 36 months. When you need to get you loan closed and funded contact me and I will get it done.

John Broussard
Newbridge Investments

Edited: 06/26/2010 at 10:21AM


Scott R.

Real Estate Investor · Amarillo, Texas


Forum_avatar_avatar-sricenbaw

Icon_minipost Nov 02 '09, 10:08 AM

Any part of Texas? Any minimum? have 2 or 3 deals lined up right now around 65% looking to get funded, minimum 36 months, what other criteria does your private money have? rates? points? multi family?
-Scott

Edited: 06/26/2010 at 10:21AM


John Broussard

Real Estate Broker · houston, Texas


Forum_avatar_avatar-jb

Icon_minipost Nov 02 '09, 10:31 AM

Most of Texas however rural areas are not that appealing and are case by case. Terms are from 6 to 36 depending on the investor, rates from 12 to 17%, points from 4 to 8. Commercial & Residential Properties

Edited: 06/26/2010 at 10:21AM


Scott R.

Real Estate Investor · Amarillo, Texas


Forum_avatar_avatar-sricenbaw

Icon_minipost Nov 02 '09, 11:33 AM

Interesting, and Mimimum loan amounts? Im Looking for $25k loans, 65ish LTV, 12%, All property located in Amarillo, Tx 36 month minimum. Everyone says they have money/investors lined up yet no one comes through and closes!
-Scott

Edited: 06/26/2010 at 10:21AM


John Broussard

Real Estate Broker · houston, Texas


Forum_avatar_avatar-jb

Icon_minipost Nov 02 '09, 12:11 PM

Minimum loan amount is $75,000, we are closing loans. 12% rates are out there but most hard money rates are 14 to 17%.

Edited: 06/26/2010 at 10:21AM


Dory Peters

Real Estate Investor · dc, Washington D.C.


Forum_avatar_avatar-hakchinoy

Icon_minipost Nov 04 '09, 10:59 AM

You've definitely piqued my interest--especially since I'm working on 2 similar deals. I'm trying to decide between HML, selling the notes, and novation.

Edited: 06/26/2010 at 10:23AM


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