Like everyone else in Texas, the Covid-19 pandemic has changed our lives and the way we work. But from our living rooms, we’re soldiering on. At Little City Investments, we are continuing to provide hard money loans for fix-and-flips and investment property purchases and refinances. We’ve been operating in Austin since before the financial meltdown of 2008 and we’ve seen Texas’ resilience first hand. Despite stock market turmoil and lost jobs, we understand that the underlying strength of Texas real estate market will weather the storm. If anything, times like these underscore the true value of having a roof over your head.

Yes, times are uncertain and many large “hard money lenders” have dropped out of the game. This is because they never really were true private lenders in the first place. They actually ran on institutional funding, and when the big banks got spooked, their money sources evaporated. But Little City Investments is a true, direct private money lender. We work with individual investors who share our bullish view of Texas real estate. This allows us to continue to lend through pandemics, recessions, and real estate bubbles. We know, in times like these, there are always great real estate opportunities.

That said, because of local social distancing measures, limitations on construction and general uncertainty. We may not be able consistently meet our super-fast funding timelines. We still must rely on a legal team, title companies, and appraisers, all of whom are working in a disrupted environment. Additionally our terms are continuing to evolve with the situation on the ground and may not be accurately reflected on our website.

Please contact us or request a loan for more information.

We look forward to working with you, from a safe distance, on your next real estate project!

-Jerad Kolarik