Updated almost 7 years ago on . Most recent reply
Hard Money information in Texas
Howdy, this is my first post on BiggerPockets.
I'm looking to gather some more information about Hard Money Lenders in Texas, specifically in the Bryan/College Station area. Does anyone have any good recommendations for Hard Money Lenders they've used in Texas?
I've found a home I would like to fix up and rent out, but the problem is this market is primarily students and I wouldn't be able to start collecting rent until August. Would I be able to take out a loan high enough to where I can pay the monthly interest of the loan from the loan I took out?
This would be my second home I would be fixing up and renting out. I was very surprised the first home I fixed up managed to get rented out in less than a month, but again they won't be moving in until August as well.