100% Investor Rehab Loans in Texas

[noomoney]

Up to 85% ARV (after repair value). Purchase investment properties with $0 out of pocket! If you or someone you know is interest in purchasing investment properties, now it can be done with nothing out of pocket. NOO Money is a unique private money lender who specializes in helping just about anyone with good credit (680+) purchase investment properties. Must be in a major metropolitan area in Texas. Call Corey for more details (817) 919-0000.

Hypothetical Example - An investor finds a property currently worth $100,000 "AS IS". That property "AS IS" needs approximately $40,000 of repair. If these repairs are made to the property then the property would be worth $200,000 which is the "After Repair Value". In this example NOO Money would fund 100% of the purchase price ($100,000) and roll in all closing costs. We lend up to 85% of the "After Repair Value" which would be $170,000. If you subtract the sales price and all closing costs ($110,500) from the $170,000, you have $59,500 left over for repairs. The repair money will be dispersed to the investor in three (3) draws. This Rehab Loan is a short term medium interest loan (currently prime+2%) that offers an investor the opportunity to buy a property with nothing out of pocket.