Hard Money Lenders in Plano, TX
The real estate market in Plano, TX, is thriving, and at Wildcat Lending, our hard money lenders are an essential part of this growth. Our lenders offer flexible financing options for real estate investors looking to acquire, renovate, or refinance properties in the area. Whether you’re a seasoned investor or just starting, a hard money loan may be the perfect solution to help you achieve your real estate goals. Contact us today to learn more about our hard money loan options.
What Is a Hard Money Loan?
A hard money loan is a short-term, asset-based financing option that is primarily used for real estate investments. Unlike traditional loans, hard money loans are secured by the property being purchased or refinanced or existing assets rather than the borrower’s creditworthiness. This type of loan is generally faster to obtain and more flexible than traditional bank loans, making it an attractive option for investors. This allows investors with less-than-perfect credit or limited financial history to secure financing for their projects.
Real Estate Investment Loans
Hard money loans are an ideal financing solution for various types of real estate investments in Plano, including:
- Fix and flip loans. These loans are designed for investors who buy distressed properties, renovate them, and quickly sell them for a profit.
- Buy and hold loans. These loans are for investors looking to purchase rental properties, whether single family or multifamily, and hold onto them for an extended period. We offer short-term financing to acquire the property.
- Bridge loans. Bridge loans are used by investors who need short-term financing to secure a new property before selling their existing property or refinancing it with a long-term loan.
- Construction loans. These loans are designed for investors looking to finance the construction or major renovation of a property. Hard money lenders provide the necessary capital to complete the project, with repayment terms customized to meet your needs.
We can work with you to help you find the best loan option to meet your needs. If you need a special type of loan or if you have had a hard time qualifying for a traditional loan, we are here to assist you.
Contact Our Private Money Lenders Today
If you’re a real estate investor in Plano, TX, and you’re in need of flexible, fast financing, consider reaching out to Wildcat Lending’s team of experienced private money lenders. Our experts will work with you to understand your specific needs and help you secure the right hard money loan for your project. Contact our hard money lenders today to discuss your options and get started on your next investment.