Commercial Bridge loans and Hard Money loans TEXAS
What is Bridge Funding and hard money?
TEXAS HARD MONEY LOANS FROM 250K
Acquisition & Development loans for commercial land
Development (land development loan for retail and multifamlily)
Commercial rehab
Refinance owner carried notes
Refinance, WITH cash out
Non-recourse loans
JV PARTNERSHIPS (we are looking for landowners with equity for retail and multifamily projects)
Hard Money for quick purchase
We can provide non-traditional (Private/hard money) funding for commercial real estate transactions in major cities of Texas. Commercial bridge loans may be used as a temporary solution to obtain funding for re-finance or a purchase of commercial income property or owner occupied commercial property. . Hard money or bridge loans for refinance are often needed where quick, non bank conforming funding can help to make a deal work. Banks simply may not like the risk, location or size of the loan.
Our services offers immediate results with creative capitalization plans that meet the unique set of financial circumstances of each transaction. We have capital for transactions in Dallas,Houston,San Antonio and Austin. Secondary markets are available in Texas for 500k and larger.
Through the years we have developed relationships with various investors that range from institutional lenders to private lenders that have allowed us to fund projects that traditional institutions could or would not consider. Commercial real estate transactions have different needs, but , time and money are a large consideration.
Why Private commercial bridge loans?
Private bridge loan money borrowers are, most often, solid individuals or businesses that have circumstances or opportunities that do not fit well into the rigid structures of long term institutional lenders or the need for speedy acquisition. Many of these loans are bridge (short term) situations, used to acquire and stabilize a property or prepare for long term financing or resale. Bridge funds are also ideal for construction, rehab, land development, partner buyouts and bank workouts.
HOW TO GET BRIDGE FUNDING
GET THE STORY: Commercial bridge money / commercial private loan is about the project. Who are the principles? What is the experience? Is there a planned exit strategy? Who and how will the bridge money be repaid? Do
I. APPLYING FOR THE HARD MONEY LOAN : the process
1. loan application -apply online (5 STEP)
2. loan summary (click)
3. purchase contract (executed)
Underwriter will review property and borrower and issue approval.
II. SUPPORTING DOCS:
**When sending PDFs and other supporting docs use the link below rather than email, its faster and easier than faxing.
UPLOAD ALL DOCUMENTS HERE (CLICK)
you have an executive summary clearly stating a loan request, use of funds and exit strategy.