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Investor Loan Source: Private Money Houston
Investor Loan Source is a Texas private money lender offering hard money loans for every investor. We offer both short term hard money loans (Fix and Flip 6 month terms) and long-term loan options (refinance, owner finance, or purchase buy and hold rental properties) from anywhere from 5-year loan to a 30-year loan!
We can lend to you if you are in Amarillo, Austin, Beaumont, Brownville, Carrollton, Corpus Christi, Dallas, El Paso, Fort Worth, Frisco, Garland, Houston, Irving, Northeast Tarrant, Northwest Harris, Plano, San Antonio, Southeast Montgomery, and Waco. Start your application today and get your private money loan for refinancing, rehab, or property purchase!
Real Estate Market in Houston
Houston’s real estate market is on fire! From fix and flips to buy and holds, Houston has a diverse housing market that can assist any investor in achieving long term wealth. Always look how long a comparable property has been on the market, this will be a great indicator of how long it will take you to sell once the property is completed.
Houston’s is the fourth most populous city in the nations with the metro population of over 6.9 million people! Houston has one of the nation’s lowest unemployment rates at 5.3% and a median household income of $61,707. A median home price retails $144,000 and median monthly rent is $1,294! With numbers like this it’s no wonder Houston is one of our top cities for hard money borrowers.
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Houston Real Estate Market - Why invest here?
Houston is an affordable market and is 29% lower than the national average. Some of Houston’s major employers include Shell, HP, Chevron, Kroger, Memorial Her, HP, The University of Texas, Continental Airlines, MD Anderson Cancer Center. Prices for homes have increased by 20% and rental prices have increased by 17%! The property value is strong and continues to appreciate – however slower than some markets it continues to rise.
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