Providing Short-Term Loans for Real Estate Investments in Houston, San Antonio, and Austin, Texas so you, the Investor, can buy, rehab and resell more Hot Properties! Red Door Funding provides the investors with the funds they need to quickly close on a "Hot Real Estate Investment!" Remember, it is not the "cost" of money that is important; it is the "availability" and "timing" of the funds.
Working together can be a win/win arrangement as we provide creative financing that might not otherwise be available from a conventional lender. You, as the borrower, leverage your buying power by acquiring the funds when you need it! We don't just provide hard money; we offer two full-service Programs that work in concert with your approaches and objectives.
Red Door Funding provides you with the funds you need to quickly close on a "Hot Real Estate Investment!" We provide creative financing that might not otherwise be available from a conventional lender. Remember, it is not the "cost" of money that is important, it is the "availability" and "timing" of the funds.
Working together can be a win/win arrangement as we provide creative financing that might not otherwise be available from a conventional lender. You, as the borrower, leverage your buying power by acquiring the funds when you need it! We don't just provide hard money; we offer two full-service Programs that work in concert with your approaches and objectives.
Red Door Funding provides you with the funds you need to quickly close on a "Hot Real Estate Investment!" We provide creative financing that might not otherwise be available from a conventional lender. Remember, it is not the "cost" of money that is important, it is the "availability" and "timing" of the funds.
Services
Our fix and flip loan program is a hard money loan for Texas real estate investors.
Unlike a traditional bank loan, a hard money loan is secured by a hard asset instead of one's personal finances.
In this case, that asset will be the home you are purchasing.
These short-term loans are usually faster, easier, and more flexible than traditional bank loans.
The financing can also be customized based on the needs of your rehab project.
As you know, timing is everything when it comes to real estate.
Unlike a traditional bank loan, a hard money loan is secured by a hard asset instead of one's personal finances.
In this case, that asset will be the home you are purchasing.
These short-term loans are usually faster, easier, and more flexible than traditional bank loans.
The financing can also be customized based on the needs of your rehab project.
As you know, timing is everything when it comes to real estate.
This one-page form asks for basic information about you, your employer, and your background.
We will use this information to run a consumer credit report.
This is just one of the ways that we verify our applicants and determine trustworthiness.
While your credit score is something we consider, it is not the only tool we use to determine whether or not you qualify for a loan.
Unlike traditional loans, a real estate investor loan is not delivered to you in one lump sum.
Instead, it is delivered in payment installments called draws.
We will use this information to run a consumer credit report.
This is just one of the ways that we verify our applicants and determine trustworthiness.
While your credit score is something we consider, it is not the only tool we use to determine whether or not you qualify for a loan.
Unlike traditional loans, a real estate investor loan is not delivered to you in one lump sum.
Instead, it is delivered in payment installments called draws.
If the purchase price plus repairs are under 70% of the ARV closing costs can be rolled in.
Up to 70%.
We typically only require a survey on properties that are in metes and bounds areas, have a pool, or have an addition.
At closing, we will require a one year, paid in advance or at closing Builders' Risk certificate of insurance with a vacancy clause.
Also, Windstorm coverage will be required for properties located in Brazoria and Galveston Counties as well as certain locations in East Harris County.
Up to 70%.
We typically only require a survey on properties that are in metes and bounds areas, have a pool, or have an addition.
At closing, we will require a one year, paid in advance or at closing Builders' Risk certificate of insurance with a vacancy clause.
Also, Windstorm coverage will be required for properties located in Brazoria and Galveston Counties as well as certain locations in East Harris County.
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