I’m looking for a direct lender (no brokers) who can move quickly on two fix-and-flip loans in Texas. Both files are time-sensitive, and I’m hoping to connect with someone who can work through a couple of credit/tax nuances.
Borrower Profile
Credit Score: 628
IRS Tax Situation: Client owes $50k, currently finalizing an IRS payment plan of $200/month for 72 months. The official IRS letter confirming the plan is expected next week.
Experience: borrower is a General Contractor with ~5 years of hands-on fix & flip and renovation experience.
Down Payment: looking to put 20% down on both acquisitions.
Deal #1 — Needs to Close by 12/12
Purchase Price: $250,000
Rehab: $210,000
ARV: $800,000
Clear scope of work and comps ready.
Deal #2 — Needs to Close by 12/18
Purchase Price: $235,000
Rehab: $50,000
ARV: $400,000
If you’re a direct lender actively funding in Texas and can work with the borrower’s profile (mid-600s credit + IRS payment plan), please reach out. Speed is critical on both closings.
Happy to share full packages, SOW, comps, and docs immediately.
Eugene — I can help.
I’m a direct partner with several private capital groups that fund in Texas and move quickly on fix-and-flip deals, even with mid-600 scores and active IRS payment plans. Your borrower profile is workable as long as the IRS letter is coming next week and the scope/comps line up with the ARVs you posted.
Both timelines (12/12 and 12/18) are tight but not impossible — I’d need:
• Purchase contracts
• SOW + budget
• Comps
• Entity docs
• Most recent bank statements
If you want, shoot me a DM and I’ll take a look at both files right away. If the numbers hold, I’ll get you in front of the right capital source today.