Home / Hard money lenders Round Rock
Hard money lenders in Round Rock
Fix and flip loans for Round Rock investors. We fund 100% of the purchase and 100% of the rehab, up to 70% of after-repair value, and close in about 5 days.
Get my termsAustin Hard Money homeSee your terms in seconds
Your loan amount shows as you type. Send the deal and a loan officer follows up.
Estimate only. Loan amount is the lower of 100% of purchase plus rehab or 70% of the sale price when finished (after-repair value). Minimum loan $150,000. Business-purpose loans on investment property.
Fix and flip loans in Round Rock
We lend on investment houses throughout Round Rock and the rest of Williamson County. The loan covers the purchase and the full rehab budget in one loan, with the rehab money released in draws as the work gets done.
We see a lot of deals in the older neighborhoods around downtown Round Rock, Brushy Creek, Forest Creek, Greenlawn and the subdivisions east of I-35.
A Round Rock deal, sized
| Deal | Amount |
|---|---|
| Purchase price | $165,000 |
| Rehab budget | $55,000 |
| Total cost | $220,000 |
| After-repair value | $315,000 |
| 70% of after-repair value | $220,500 |
| Loan amount | $220,000 |
Run your own Round Rock deal in the hard money loan calculator.
What to know before you flip in Round Rock
Round Rock's historic downtown has design review for exterior changes. Check with the city before you plan new windows, siding or an addition on an older house near Main Street.
- Taxes. Check the Williamson Central Appraisal District record for the house so you know the property tax bill you will carry during the rehab.
- Foundation and roof. Central Texas clay soil and spring hail mean foundation and roof checks belong in every inspection.
- Comps. Stay on the same side of I-35, SH 45 and US 79 when you pull sales, since major roads often split values.
Hard money loans across Greater Austin
We lend on investment houses throughout the Greater Austin area, in Travis, Williamson, Hays, Bastrop and surrounding counties.
Questions investors ask
Straight answers about hard money loans in Round Rock.
Do you lend in Round Rock?
Yes. We fund fix and flip loans on investment houses throughout Round Rock and Williamson County.
How much of an Austin flip will you fund?
100% of the purchase price and 100% of the rehab budget, as long as the total loan is no more than 70% of the after-repair value.
What if my purchase and rehab cost more than 70% of the after-repair value?
The loan stops at 70% of the after-repair value. You bring the difference between that amount and your total purchase and rehab cost.
What is the smallest loan you make?
Loans start at $150,000.
How fast can you close?
We can close in about 5 days once we have the contract, the rehab budget and title is open.
More from Austin Hard Money
Loans, calculators and guides for Austin fix and flip investors.