Texas and Ohio
- Single Family
8.49-8.99% based on credit.
Any repairs should be already completed, and properties should be habitable. Selling properties through owner-financing often means that houses will not be fixed up to retail valuation standards, so borrowers should take note that the loan amount will be based on the As-Is value of the property, not a potential After-Repair-Value (ARV) - since the property is not being fixed up for retail sale.
600 minimum credit score.
No, we only provide loans for non owner-occupied properties.
Yes, we solely lend to company entities, among them LLCs and corporations.
No, properties are not required to have a lease in place.
Our loan amounts can range from $25K to $250K (with exceptions).
Investor Loan Source is a private money lender inspired by innovation to create a Wrapable loan which allows you to sell the property on owner-finance terms and 'wrap' that note around the one you have with us. Locating lenders that understand your market is very important, let us turn your property into a note.
Rates as low as 8.49%*
Investor Loan Source Wrapable loans can provide the cash you need to turn your asset into a note:
- Closings in as little as 10 business days
- No hurdles - flexible loan options designed to meet your strategic needs
- No "due on sale clause"
Advantages of our Wrapable Loans
- Term of 20 years
- No balloon payment
- Fixed rate
- 70% LTV
Ready to get started with a Wrapable lender that knows the your market?
Speak to an expert today by calling 409-RE-LOANS or Apply Now!
Resources to help make you successful.
Mistakes to Avoid When Choosing a Real Estate Investment Loan
Thanks to real estate shows on television like Flip this House and Flip or Flop, more people are interested in real estate investing. While there’s money to made flipping houses and renovating properties, going into the process expecting to make a huge profit off your first flip isn’t realistic. Successful real estate investors build their … Read more
Understanding How Hard Money Loans Help in Flipping Houses
Investors are making money flipping houses and securing their financial future. House flipping is the process of buying homes in poor to fair condition, renovating them, and quickly putting them back on the market to sell for a greater return. If you’re interested in flipping real estate but don’t have the cash to invest upfront, … Read more
A Beginner’s Guide to Private Real Estate Fund Investing
Are you searching for investment opportunities that offer high returns in this volatile market? Real estate private investors know that real estate offers the finest rewards. These kind of investments are often handled by a third-party investment manager or sponsor. If this is something you’re interested in learning more about, keep reading for a quick … Read more
Tips for Choosing the Right Hard Money Lender
Hard money loans are preferred among real estate investors because of their quick turnaround time. However, not all hard money investment lenders in Texas are the same. To avoid getting talked into a bad deal, check out these tips for choosing the best hard money lender. Choose a Firm that Specializes in Hard Money Lending … Read more
Tips to Qualify for a Hard Money Loan
Hard money loans in Texas are a little bit different from regular bank loans. Those who have never tried to obtain one of these loans before may be a little unclear about what they need to qualify. Compared to traditional loans, there are fewer requirements. These loans are asset-based meaning the lender will mostly look … Read more
Signs of a Hard Money Loan Scam
Hard money loans have become a common tool used by real estate investors who need lump sums of money quickly to seize profitable opportunities before they slip away. Unlike traditional lending sources which require a much longer timeframe before releasing funds, hard money loans can get money in the hands of investors quickly with little … Read more
Understanding How a Hard Money Loan Works With Bad Credit
If you have bad credit, finding financial products to purchase a home isn’t always easy. It’s even harder when you’re a real estate investor and need a loan to purchase another property. When you’ve had properties foreclosed on or you’ve been late with payments, this brings your credit score down and makes it hard to … Read more
Bank vs Hard Money Loans
Are you familiar with the term hard money loan for real estate investing funding in Texas? You might have heard of this kind of loan before, but you may not understand how it differs from traditional bank loans. If you’re considering investing in real estate but don’t have a solid financial background or good credit, … Read more
Hard Money: The Best Choice for Commercial Real Estate Loans
In the realm of commercial real estate, time is of the essence. When opportunity knocks, a savvy real estate investor must be able to seize it by having money to push a transaction through before another investor can pounce on it. That’s one reason that hard money lending in Houston, TX, has recently come into … Read more
Hard Money vs Private Money Loans: Know the Difference
Do you know the difference between private loans and hard money loans? If you’re interested in real estate investing, it’s important to know the difference. While they each have their similarities, there are quite a few distinctions between the loan products that house flippers must know. Keep reading to discover why hard money lending in … Read more
Common Hard Money Lending Mistakes You Should Avoid
Hard money lending in Houston can be a sale-saving source of funds for some contractors, prospective homeowners, or business owners who need to make capital improvements to their facilities. If a person needs cash quick or has credit issues, a hard money loan might be the only option they have. There are, however, some things common … Read more
Understanding the Types of Commercial Real Estate Loans
Are you looking for your first real estate investment loan in Texas? If so, it’s important to understand how these commercial loans work. In most cases, these kinds of loans are used to purchase and/or renovate properties that are owner-occupied. Generally, these loans are for properties such as office buildings, retail centers, and mixed-use buildings. … Read more
Debunking the Myths about Hard Money Loans
Many people don’t understand how hard money loans in Houston work, especially when someone is first learning about them. There are a lot of misunderstandings about how these loans work and why you would want one. A lot of people automatically assume that they won’t qualify for these loans and that there are too many … Read more
Top Reasons Why Hard Money Loans Are Rejected
Hard money loans in Texas are considered to be one of the easiest kinds of loans to get. They are preferred among real estate investors because the application procedure doesn’t include things like income history or credit worthiness. Instead, lenders are more interested in the property’s value. That being the case, there are times when … Read more
All You Should Know about Real Estate Financing
Buying your first investment property is exciting and also filled with many decisions. One of the first decisions you must make is choosing real estate financing. When you purchase an investment property, you probably have questions about the best types of investor loans in Texas. There’s a lot to consider but take a moment and … Read more
Signs of a Good Hard Money Lender
When credit history is an issue with getting a traditional loan, one option is to work with a hard money lender. Hard money loans in Texas are readily available, but you want to make sure the organization you deal with is legitimate. How can you tell? Use these three criteria to make sure the group … Read more
Top Hard Money Loan Facts Every Borrower Should Know
Hard money loans can be a financial instrument that saves the day for those who need fast cash or have problems with credit history. There are, however, rules to using hard money loans that will save the borrower time and money as well. Here are a few of those rules every applicant of hard money … Read more
A Brief Introduction to Hard Money Loans
Not everyone has perfect credit or can wait potentially weeks to get approved for a conventional loan. Borrowers who can’t get a conventional real estate investment loan in Houston, TX, can get a hard money loan. For people who don’t qualify or have to jump through too many hoops to get loans in the timeframe … Read more
The Checklist to Follow before Getting a Hard Money Loan
Hard money loans are a type of loan that buyers receive from private investors or companies that are looking to invest in sure things. That makes hard money loans a little tricky to get, but they are an excellent way to ensure a fast closing. If you are interested in attempting to gain a hard … Read more
Tom Berry’s Tips for 2019 Part3
Tip #4 What Dictates your Business? If you let the market dictate your business model for that year, you’re going to have a better chance at success! Why? When you choose a strategy, and create a business model around something the marketplace doesn’t need – you are setting yourself up for failure. You must choose … Read more