Little City Investments provides rehab funding for residential projects in Texas. We’ll fuel your flips.

With over a decade of experience funding rehab projects and flipping houses ourselves, we know what it takes to consistently develop successful and profitable projects. It’s not just a solid understanding of the market and dependable contractors. It’s also about having a fast, reliable rehab funding source that’s there when you need them.

We pride ourselves on our ability to provide quick, straight feedback on a renovation project’s viability and what we can lend. Usually we can provide a ballpark initial rehab loan assessment within 24 hours, so that you can plan your next move.

How our rehab funding works: We lend up to 75% of the after-repaired value (ARV) of the rehab project and we release up to 75% of current market value for the purchase of the property. The difference between these two amounts is put into an escrow account and released in draws throughout the project as repairs are made and value is added. We work with you to create a draw schedule that meets the goals of your rehab budget and timeline.

Rehab loan terms:

  • Interest rates starting at 8.5%
  • 1.5 – 3.5 point origination fee
  • $350 document preparation/legal fee only, no junk fees
  • No prepayment penalties after 4 months
  • 12-month rehab loan term
  • Interest-only monthly payments
  • 75% maximum loan to value (LTV)
  • $250 draw fee (per draw)
  • Rehab loans available in Austin, Houston and San Antonio

Do I qualify for a rehab loan?

Our borrower qualifications are much less stringent than most banks because we primarily base our rehab loans on property value. We regularly approve borrowers with imperfect credit and limited experience. For more info on our borrower qualifications please contact us.