Purchasing or Re-Financing With a Commercial Loan
If you’re new to commercial real estate financing, you’ll want to get a firm understanding of the differences between a residential and commercial mortgage loan. Residential real estate uses a debt-to-income formula for judging your ability to repay a loan while commercial real estate is based on the debt coverage service ratio formula to qualify. This means that to qualify for a commercial loan, you’ll have to know what your projected return on investment (ROI) will be when making a commercial property purchase or refinance. We specialize in small balance stated income commercial loans with debt coverage of 1:20+ after all expenses & before debt service.
The cash flow generated from your commercial real estate property will be one of the factors in determining both the value of the property as well as its future return. The type and amount of your commercial loan is also dependent on other factors, including your business and personal credit history, your net worth or financial strength, the type of property and its overall condition, its cash flow, the geographical location of the property, and the general economic outlook of the local market.
The first step to purchasing or refinancing your commercial property is to know exactly how you’ll use the property. What type of property will you acquire? How will the property be used to improve your cash flow and financial goals? How long will you hold the property? Will you be an owner/tenant or just an investor? And do you have an exit strategy? These are all questions you’ll want to think about before applying for your commercial financing.
After you’ve established the market need and use for the property, you’ll also want to analyze its current and future cash flow that will contribute to your ROI.
We serve all of the main metropolitan cities in Texas, including: Houston, Dallas, San Antonio, Austin, El Paso, Fort Worth, Arlington, Corpus Christi, Plano, Garland, Lubbock, Irving, Laredo, Amarillo, Pasadena, Brownsville, Grand Prairie, Mesquite, Abilene, Beaumont, Waco, Carrollton, McAllen, Wichita Falls, Midland, Richardson, Odessa, San Angelo, Killeen, Tyler, Denton, Lewisville, Longview, College Station, Baytown, Bryan, Sugar Land, Round Rock, Victoria, Port Arthur, Harlingen, Galveston, The Woodlands, North Richland Hills and as well as the smaller Texas cities. We're the best Texas hard money lender.
So give us a call today and we’ll help you get started and answer any other questions you may have.
ABOUT REHAB LOANS
If you're looking for a rehab loan, you have come to the right place. We specialize in hard money rehab loans, and we help investors leverage their capital to acquire and rehab properties for investment purposes. We are a direct lender, so fast decisions are made right here. We understand that our investors can't wait for conventional financing and must close their rehab loan quickly. This provides for expedited property turn a rounds allowing our investors to realize faster profits. We require that all investors contribute cash to the deal to align their interest with us. This provides for a mutually beneficial and profitable relationship. A rehab home loan from is designed for properties that can not qualify for a traditional mortgage loan based on the current distressed condition of the property. Our investor rehab loans are designed to be closed in a matter of days, affording investors the opportunity to close their deal fast.
Our "Investor Rehab Loan" provides investors with an easy submission process, fast underwriting and quick closings, and is designed for investors with special circumstances and special needs. We will work hard to fund your hard money rehab loan in as little as 7 days. We have helped many investors obtain the financing they are searching for, and will work with you to come up with a loan solution that is personally tailored to your individual situation. Many investors are not interested in keeping their real estate investment homes that they purchase, for more than six months. For these borrowers, rehab home loans allow borrowers to obtain a short term loan in order to purchase an investment property and make the necessary renovations and repairs and then resell them for a profit. Using rehab hard money for short term financing is easy, fast and often times the only viable financing for distressed properties.
Add Houston Money Man Hard Money Loans as your preferred hard money rehab loan Lender
We make it easy to add investor rehab loans to your book of business. By working with us, you have a powerful ally and partner on your side. Our common sense underwriting to hard money rehab loans provides you the confidence and security of knowing the status of your loan in real time. If you're ready to learn more about fast rehab loans or other rehab hard money loan options, call us today at 713-784-7676 and see how the our hard money "Investor Rehab loan" can work for you.
Call Us Now For Your Hard Money Loan
713-784-7676
