Defined bridge loans
A bridge loan is a type of short -term financing designed to “fill” the gap between the purchase of a new property and the sale of an existing. Bridge loans are ideal for investors who seek to quickly secure properties or reposition existing assets. For more information, visit Bridge Loan Texas.
Fix and turn the loans explained
Fix and turn the loans are specifically suitable for investors who buy distress properties, renovates them and sell them to profit. These loans cover both the purchase price and the renovation costs, making it an essential tool for house fins.
Texas DSCR loans: refinancing is made easy
A Debt service coverage (DSCR) is a type of long -term financing often used to refinance hard money loans. DSCR loans are designed for real estate investors who wish to go from short -term loans to long -term stable financing. The loan approval depends on the income generated by ownership rather than the personal income of the borrower.
How to use a DSCR loan to refinance:
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Stabilize: Complete renovations or ensure that the property generates coherent rental income.
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Assess the DSCR: Make sure that the property income covers its operating costs and loan payments comfortably.
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Request the DSCR loan: Work with a trusted lender like Cambridgehomeloan.com to refinance your property in a fixed rate loan of 30 years.
Advantages of hard money loans in Texas
Hard money loans offer several advantages, in particular on a competitive real estate market such as Texas:
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Fast closures: Hard silver loans can close as little as 7 to 10 days, which makes them ideal for offers sensitive to time.
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Flexible terms: Unlike traditional loans, hard money loans focus on the value of the property rather than on the borrower’s credit rating.
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High cost loan (LTC): Cambridgehomeloan.com offers up to 95% of LTC, which includes 90% of the purchase price and 100% of rehabilitation costs for residential and multifamilial houses.
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Versatility: These loans can be used for residential, multifamily and mixed use properties.
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Adapted to investors: They are suitable for fixed and flip projects, value -added multifamilial properties and other real estate investments.
Why choose Cambridgehomeloan.com?
Cambridgehomeloan.com is the main Hard money lender in Texasoffer:
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Up to 95% LTC financing.
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Funding for residential, multifamily and mixed use properties.
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Loans designed to correct and flip, bridge loans and value -added multifamilial investments.
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Competitive conditions and fast closures to make sure you never miss an opportunity.
For bridges, visit Bridge Loan Texas. To request a hard money loan, click on the request for a difficult money loan.
Appeal to action
Whether you return a house, you buy a multifamilial property or need a bridge loan, Cambridgehomeloan.com has resources and expertise to make your investment a success.
Ready to take the next step? Ask for a hard money loan today! And unlock the potential of your real estate investments in Texas.