Land LOAN AND LAND DEVELOPMENT FINANCING IN TEXAS -FUNDING SMALLER DEALS IN GROWTH ORIENTED CITIES IN TEXAS

Funding smaller deals (100k - 10 million) can be difficult as they are sometimes to small for larger hedge funds and private investment groups to effieciently underwrite and handle. Through our connections with private groups in Texas who know metropolitan areas in the state we can fund land developement and raw land deals in many cities in Texas.

Program summaries:

50% ltv on raw land and up to 70% on land development. In most cases nothing more than 70% Loan to cost can be achieved, but there are many deals that fit this criteria. Funding faster and requiring less documentation is an advantage over most local banks and larger financial institutions.

TYPES OF ACCEPTABLE TRANSACTIONS

UPDATE: DUE TO UNFAVORABLE CONDITIONS IN RESIDENTIAL MARKET, LAND FOR USE AS RESI DEVELOPMENT ARE LIMITED. Our fund and our capital partners are lowering ltv and required presales and more detailed exit strategy.

COMMERCIAL LAND : STILL FAVORABLE. WE ARE LOOKING FOR LAND TO BE DEVELOPED AS RETAIL AND MULTIFAMILY.