Financing in Austin>Question Details

David Owen,…, Real Estate Pro in Austin, TX

I am looking for second lien hard money lenders for Central Austin properties. Term one year or less. Total

Asked by David Owen, PhD, Austin, TX Fri Jan 30, 2009

CLVT is 80% or less. Any referrals?

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go to: http://www.houstonmoneyman.com in Houston for TX hard money. Residential & Commercial.
1 vote Thank Flag Link Thu Jul 29, 2010
I am a builder I need 38,000 as a 2ND lien hold to secure a 1st lien construction loan will pay 50% return on your money please CALL ME Montana AT 8328033625 OR EMAIL ME AT horsetree100@gmail.com
0 votes Thank Flag Link Mon Aug 18, 2014
I have 4 lots that I purchase in Houston,
Texas. I can get a loan to build the homes 1484 sq. ft 3-2-2, a value at $120,000.00,I can construction loan of 50% to 55% LTV. I need to put the construction lender in the 1st lien position. I can give you a 25% yearly return on your money.
0 votes Thank Flag Link Fri Aug 8, 2014
David,
We provide 2nds in Texas up to $250,000.
http://www.IFUNDANYLOANS.com,
http://www.NEEDCASHNOW.FUNDANYLOANS.com

310-882-9469 O
818-941-8864 F
Rhouston@Anyloans.Us
0 votes Thank Flag Link Tue Nov 26, 2013
I need a 2nd hard money loan. I am building 4 homes I have the lots right now I need to move the construction lender into the 1 lien position so I can build the a 1684 sq. ft. 3-2-2 home value at $120,000.00. I can get a construction loan at 50% LTV. After I build the home I will refinance the home and pay you off at 18% yearly return need the money for 3 to 4 months please call me at 832.803.3625 Montana Mitchell
Flag Fri Aug 8, 2014
Hi David. This might be a difficult task. Back in the day when big bucks were being lent like there was no tomorrow, I only remember my hard money guys doing first position. I really don't remember any second positions on hard $$ at all. In FL they were only lending 50% LTV.

I think the problem's going to be position.

GOOD LUCK!

Scott Miller, Realty Associates, Boca Raton, FL
0 votes Thank Flag Link Thu Jul 29, 2010
Contact Louis Drott with Capstar Lending at 512-422-4321.
0 votes Thank Flag Link Thu Feb 5, 2009
David:
Since many of the hardmoney lenders have vanished, I have to know more about these properties. Are these properties single or multifamily? If single family what is the money for? If multifamily, are they cash flowing presently? There are too many things that I need to know to be of help.
0 votes Thank Flag Link Tue Feb 3, 2009
I have a list that I got for a recent client of mine, but I need to get it from my email. One company to consider is Manana Funding, at http://www.mananafunding.com. Feel free to email me and I can get you the list (on my iPhone right now).
0 votes Thank Flag Link Fri Jan 30, 2009
My Name is Adrian is this a cash flowing property? I have 2 I work with. You can email me at adrianluf@gmail.com or call me at 512 947 7800
0 votes Thank Flag Link Fri Jan 30, 2009
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