Are there any true hard money lenders around Austin Texas? I am in need of a 8-10 Mil development That

Asked by Dave, Austin, TX Mon May 12, 2008

includes aqusution. at 65-70% finished value.

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6
Jason Sandqu…, , Minneapolis, MN
Mon May 12, 2008
Check out the link below it might be of some help
1 vote
Aaron Heth, Both Buyer And Seller, Austin, TX
Fri Aug 1, 2008
Hi Dave, were you still looking for a hard money or private capital solution for your development needs? I am a direct private capital lender, please feel free to contact me. 512-651-6990
0 votes
DeeinAustin, , Austin, TX
Tue Jun 3, 2008
Hard Money lenders have actually stepped back some. There are some larger lenders, but they're not going to fund more than probably 50-60% of the project, depending on your strengths, experience and background. There are equity partners who may be interested. You can package the deal, get all your numbers worked out, then shop it at investment groups and with agents or bankers who seem to work with investors.
0 votes
Lisa Hunt, G…, , Hutto, TX
Tue May 13, 2008
You might want to check out the following source..they just sent over a fax to us. 800-801-4085 x 210 It says Hard Money Loans from 100K to 15Mil
0 votes
Perry Hender…, Agent, Austin, TX
Mon May 12, 2008
I'm doing a couple of these size projects right now.... You going to need 40% in toay's market. Even at 40%, don't expect lower than 12% interest too.
0 votes
Dallas Texas, Agent, Dallas, TN
Mon May 12, 2008
You don't necessary have to look in Austin for HML contact my office where I can determine if we can assist. I need more info. 972-699-9111
Web Reference:  http://www.lynn911.com
0 votes
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