Short-Term Real Estate Funding

Little City Investments specializes in short-term real estate funding, including hard money loans for real estate projects. In addition, we offer purchase loans, cash out refinance, fix-and-flip loans, land loans and new construction loans. Our short-term funding options are true hard money loans for real estate that are primarily focused on property value rather than your credit score, income, or experience.

Best of all, our hard money loans for real estate are fast. We can typically close within 3-5 days of completion of the 3rd party or in house appraisal. Typical closing time, from an accepted term sheet to closing, is less than two weeks. If you need a loan against a premium central Austin property (close to our home office in 78704), we can often close in 3 to 5 business days.

We’re a direct hard money lender lending only in the state of Texas, which gives us a serious speed advantage over national lenders.

Short-Term Real Estate Loan Highlights

• Maximum loan-to-value of 75%
• $150k minimum loan amount
• Non-owner-occupied properties in the state of Texas only
• 2-3 points origination fee
• 1-year term
• Interest-only monthly payments
• No interest reserves required
• No pre payment penalty after 4 months
• No upfront fees (unless appraisal is required)
• 550 minimum credit score
• 1^st-time investors ok

Short-Term Hard Money Loan Products

What do I need to do to get a hard money loan from Little City Investments?

1. Get an Austin, Houston, Dallas or San Antonio-area property under contract significantly below market value or own a property with substantial equity. We’ll evaluate the property and make you an offer for the loan based on our assessment of the market value. We lend a maximum of 75% of the market value of the property.
2. If you’re buying, we’ll need a copy of the contract before we can evaluate the loan. Please don’t ask us to evaluate an investment property you don’t have under contract. If you’re refinancing, we’ll need a payoff for any existing loan(s) and a title commitment.
3. Because our hard money loan terms are only one year, we also need to know your exit strategy, time frame and budget. Comparable sales research is welcome but we do our own due diligence. Read more about our loan requirements here. Experienced real estate investors often get preferred treatment, so if you have success stories, those can help.

Have more questions about how to get hard money loans for real estate? Try our borrowing hard money FAQ.