When looking to invest in a new market, knowing that market well is very critical, and that’s how we help our Austin real estate investors the most. We have over 50 years combined experience in this market and leverage that experience by serving new investors and experienced investors.

Our Austin private money loan programs are designed to help real estate investors acquire distressed properties quickly to rehab and sell for a profit. We have loan programs for every real estate investor:

Fix and Flip Loans– Designed for investors who seek rehab/renovate a fixer upper and sell for a profit.

New Construction Loans– Builders and developers utilize this program. Builders can complete multiple projects without getting capped conventional lenders.

Temp to Perm Loans– For our buy and hold investors seeking passive income. We assist our borrowers from start to finish. From acquiring the property with our hard money financing, to refinancing out to a permanent loan. We have long term financing products that do not require any income verification, or seasoning. So for example, lets say your all in cost, purchase plus rehab is $100,000. However once renovation is complete and a tenant is in place, it appraises for $150,000. Most lenders will only lend off the “loan to cost” value, if you refinance in less than a year. However our product allows our investors to pull out more cash! We will lend up to 80% of the appraised value even if you owned the property for just a month.

Hard Money Refinance– When investors have a property with equity in it. This loan program helps them pull cash out of their investment.

Transactional Funding– Designed for a wholesaler’s, who need to double close with their seller.

Property TypesAll 1-4 unit properties and multi-family properties considered
Loan Types:     Fix and Flip Loans, Temp to Perm Loans, Hard Money Refinance Loans, New Construction Loans, Transactional Funding
MarketsHouston, Austin, San Antonio and Dallas/Fort Worth, Texas and submarkets
Loan Amounts No Min- $3MM
Term3 months – 5years
Rate    Starts at 9.99%
Points 2-4%
LTVUp to 70% on “as is” or “as repaired” value if repairs are included
LTCUp to 100%

What is a Hard Money Loan?

A hard money loan is a short-term, asset-based loan, that provides the funds for acquisition and repairs on investment properties. The term “Hard” in hard money, just means the lender is underwriting the loan on a hard asset, such as real estate. They are short term loans that are backed by the asset rather than the credit and financial worthiness of the borrower. Hard money lenders tend to close much faster than traditional lenders and normally do not require as much down from the borrower.

Why Should I Use a Houston Hard Money Lender Like Tidal Loans?

One of the most compelling reason to use a hard money loan is speed. Our process is very simple and we don’t require tax returns, or put borrowers through the hoops that banks will make you jump through.
If you are getting an excellent deal that needs to close quickly, a hard money loan could be the perfect solution.
Investors who have a number of outstanding loans are also served well by hard money loans. If you’ve reached your lender’s 4-loan or 10-loan limit, we can help you continue to leverage your real estate investments. Another major reason for using a hard money lender is receiving capital for rehab projects. Most conventional banks will not provide funds for repairs needed to fix up a distressed property, and unfortunately sometimes it doesn’t appraise well enough for the bank to fund. The beauty with hard money lenders like Tidal Loans, is we can provide 100% of the purchase and repair cost, leaving more money in your pocket!