Capital Partners TX

Let’s start with the basics: What is a hard money loan?

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About Capital Partners OF TX

WHAT IS A HARD MONEY LOAN?

Let’s start with the basics: What is a hard money loan? Also known as hard money loans, flip loans or rehab loans, this type of financing helps real estate investors buy and repair investment properties. See our blogs for more information.

What we do

We help you GET THE FUNDS YOU NEED TO SECURE THE DEAl.

FAST

6 (1) (1)

Serving real estate 

investors since 2009

1 (1) (1) (1)

Fund up to 100% 

of purchase price

Rates starting a

11.99%

3 (1) (1) (1)

Call to get pre-qualified

in just 24 hours

4 (1) (1) (1)

Close in as little as

 5 business days

Minimal docs and no income verification

WHO CAN QUALIFY FOR A HARD MONEY LOAN IN TEXAS?

Hard money loans offer an alternative to conventional loans for a range of buyers. They’re especially helpful for “fix-and-flippers,” or real estate investors who buy distressed properties, then repair and rehab for sale or to rent.

WHERE DO WE OFFER HARD MONEY LOANS?

Why do so many borrowers choose hard money loans over traditional loans? As investors know, time is money in real estate. When funds are needed within a short period, banks and mortgage lenders simply can’t deliver on time.

WHO CAN QUALIFY FOR A HARD MONEY LOAN IN TEXAS?

Hard money loans offer an alternative to conventional loans for a range of buyers. They’re especially helpful for “fix-and-flippers,” or real estate investors who buy distressed properties, then repair and rehab for sale or to rent.

WHERE DO WE OFFER HARD MONEY LOANS?

We offer financing all over the great state of Texas.

STRATEGIES FOR MAKING THE MOST OF HARD MONEY LOANS

Speaking of leverage, how can an investor make the most of their hard money loan? When an investor wants to purchase a fix and flip, they may choose to use their own money to do so. In most cases, this means draining an account, then waiting to recoup those costs until the repairs are complete and the property is sold or rented or refinanced.

In contrast, taking out a hard money loan means less out-of-pocket cost. The investor can use the hard money funding to purchase and repair the property without draining their account. That leaves their own funds available for other investment projects.

Most banks won’t fund distressed property loans or offer funding for rehab and repair. Hard money loans are designed so investors can purchase distressed properties, then rehab them to increase their value through sale or renting.

WHAT KIND OF PROPERTIES CAN YOU GET A HARD MONEY LOAN FOR IN TEXAS?

We provide hard money loans for landlords, flippers, and brokers. We fund distressed investment properties, including detached single-family residential properties with one to four units.

Flippers sometimes need to make real estate investment decisions on a dime. We understand the need for speed; that’s why we offer such a fast approval process. Often, our hard money loans are closed and funded in just 7 business days!

How we Work

HOW OUR FUNDING PROCESS WORKS

Get
Pre-Approved

Apply online and one of our loan officers will get in touch to help you get pre-approved and provide a proof of funds letter should you need one.

Submit Your
Deal

Once you’ve found your deal, your loan officer will collect your paperwork and assist you through the underwriting and closing procedures.

Flip or Refinance Your Property

Renovate your property and sell it or refinance it before the loan is due, or extend the loan.

Testimonials

Video Testimonial

Hi my name is Travis and I represent Property Clinic Real Estate Transformations and I have borrowed over two million dollars to date from Capital Partners of Texas. I currently have about $350,000 off borrowed capital on the streets with them right now. They are a great company, offer great rates, great customer service and I have no complaints. They’ve been lending to me since 2017 and I have no complaints and I’ll be with them for years to come. Highly recommended to give them a call if you need any lending help.

 

Travis W.

FAQ

commonly asked questions

Typically, hard money loans have a short-term duration intended to finance property repair and refinancing or selling. We provide purchase-only and fix-and-flip loans with a 12-month term, extendable if necessary. We also offer 36-month rental loan programs suitable for buy-and-hold investors.

While a credit score above 600 and a minimum of $20,000 in liquid assets are typical, most of the underwriting is based on the asset being purchased rather than the individual. First-time homebuyers are not eligible for our loans, and the buyer cannot reside in the homes throughout the loan’s duration. The loans are solely for real estate investors and every deal will be analyzed on a case by case basis.

Usually, it takes approximately seven business days to close the loan from the day we receive the real estate investment purchase contract and rehabilitation budget.

Capital Partners TX offers hard money loans with a minimum amount of $50,000 and a maximum of $5,000,000.

Hard money loans are typically offered by private lenders who are willing to lend money based on the value of a collateral asset, such as a property. These loans are often used for short-term financing needs, such as real estate investment or fix-and-flip projects.

Capital Partners TX currently lends in Texas. We engage a third-party appraisal to assess the property’s estimated after repair value (ARV) to ensure that it will be profitable upon sale or lease and is within our lending criteria.

EASY LOAN DETAILS

PURCHASE 75 LOAN DETAILS

SIMPLE 70 LOAN DETAILS

REHAB80 LOAN DETAILS

EASY90 LOAN DETAILS

Let's Talk

WE'RE HERE TO HELP

We’re excited for the opportunity to work with you and provide fast and reliable investor funding!

Email Direct

support@CapitalPartnersTX.com

Call or Text

832-583-1009

Let's discuss your project and see if we can help