Investment Loans
A Investment property loan is a short term private money loan used to cover the time between two real estate transactions. It is typically used to purchase the rental property quickly, perform any necessary rehab or renovation to the property, while securing long term, financing for refinancing out of the property. This usually requires the buyer to secure pre-approval with a conventional bank prior to securing the rental loan.
If you are an investor or rental property owner interested in buying properties that require all cash or private money, consider our Investment property private money program. Our rental property hard money loans provide up to 75% of the project cost, which is the purchase price plus the cost of the rehab. These loans have no prepay, which allows you to refinance the property as quickly as you can.
Rental Property Loans at a glance:
- Up to 75% Loan to ARV (After Repair Value)
- 60 Days – 12 months Term
- $30K to $1MM+ Loan Amount
- 2 to 3.5 Origination Points
- 3-5 Draws, if rehab required
- No prepayment penalties or minimum hold period
If you have any questions about these types of loans, you can apply here or feel free to contact us directly at (713) 957-4444.
All loans are subject to Bayou City Lending LLC approval and we reserve the right to change or alter any and all advertised programs at our sole discretion.