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John Broussard
  • Lender
  • Houston, TX
59
Votes |
252
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Private Money For Fix and Flip & Construction

John Broussard
  • Lender
  • Houston, TX
Posted May 23 2019, 10:10

Investor Loan Products Available for Rental Properties, Fix and Flip and New Construction

Single Family Rental

Single loan for single rental property
30 year term with full amortization and fixed rate
Loan amounts $75,000 - $1.5MM
Partial interest-only option available

Portfolio Rental

Blanket loan for 7+ rent-producing doors
5- or 10-year term, fixed rate
Loan amounts $700,000+
Minimum value $50K per property

Key Facts About Our Fix & Flip

  • Rates as low as 6.99%1
    • Exposure limit up to $10MM with individual loan amounts from $50K to $2.5MM
    • Financing for up to 90% of acquisition costs and 90% of renovation expenses, up to 75% After Repair Value
    • Single property loans available for borrowers with no real estate investment experience
  • Construction Financing Highlights

  • Construction loans offer funding up to 90% of construction costs with multiple draws available11
    • Land advances available up to 75% of land value12
    • Individual loan amounts $150K – $2.5MM
    • Loans available for single family and multi-family properties, including properties up to 20 units
    • Single property loans available for borrowers with no real estate investment experience
  • For more details contact John Broussard 713-777-9996 ext 103 or [email protected]

    Offering