Our Mission: is placing hard/private funds on land in metro areas in Texas and top 100 type cities outside Texas.
The property should have upside and our loan is used to bridge the time (6 months to 5 years) until the property can be sold as developed or refinanced with some construction loan or longer term loan. These are Bridge loans for debt and equity.
Sponsors should have short summary of transaction and a defined exit strategy. Loans for purchase, refinance, infrastrucuture development, more..
recent land loan closings in Texas
1.1 million bridge loan in N Texas
1 million for resort lots
We like Central Texas and Hill Country (San Antonio area,Austin , Boerne to Fredericksburg,
North Texas (DFW area - Dallas ,Fort Worth, Frisco, and surrounding suburbs)
South Texas , Corpus to Harlingen- Brownsville
Other states considered if in growth and rebound area
close in 7 days for hard money is possible
Hard money is expensive ,but a lot less than a partner
fund raw land in Texas for future development
loans for subdivisions (Texas and growing 1st and 2nd tier markets
various commercial land development - Texas & other well located
equity and debt available on land to be developed