Home / Hard money lenders Plano
Hard money lenders in Plano
Fix and flip loans for Plano investors. We fund 100% of the purchase and 100% of the rehab, up to 70% of after-repair value, and close in about 5 days.
Get my termsDallas Private Money homeSee your terms in seconds
Your loan amount shows as you type. Send the deal and a loan officer follows up.
Estimate only. Loan amount is the lower of 100% of purchase plus rehab or 70% of the sale price when finished (after-repair value). Minimum loan $150,000. Business-purpose loans on investment property.
Fix and flip loans in Plano
We lend on investment houses throughout Plano and the rest of Collin County. The loan covers the purchase and the full rehab budget in one loan, with the rehab money released in draws as the work gets done.
We see a lot of deals in east Plano east of US-75 and the 1970s and 1980s neighborhoods in central Plano.
A Plano deal, sized
| Deal | Amount |
|---|---|
| Purchase price | $290,000 |
| Rehab budget | $85,000 |
| Total cost | $375,000 |
| After-repair value | $520,000 |
| 70% of after-repair value | $364,000 |
| You bring | $11,000 |
| Loan amount | $364,000 |
Run your own Plano deal in the hard money loan calculator.
What to know before you flip in Plano
Plano price points run higher than much of Dallas, so a flip here often means a bigger loan and buyers who expect a full modern kitchen, updated baths and fresh finishes throughout.
- Taxes. Check the Collin Central Appraisal District record for the house so you know the property tax bill you will carry during the rehab.
- Foundation and roof. North Texas clay soil and spring hail mean foundation and roof checks belong in every inspection.
- Comps. Stay on the same side of US-75, the Dallas North Tollway and the President George Bush Turnpike when you pull sales, since major roads often split values.
Hard money loans across Dallas–Fort Worth
We lend on investment houses throughout the DFW metroplex, in Dallas, Tarrant, Collin, Denton and surrounding counties.
Questions investors ask
Straight answers about hard money loans in Plano.
Do you lend in Plano?
Yes. We fund fix and flip loans on investment houses throughout Plano and Collin County.
How much of a Dallas flip will you fund?
100% of the purchase price and 100% of the rehab budget, as long as the total loan is no more than 70% of the after-repair value.
What if my purchase and rehab cost more than 70% of the after-repair value?
The loan stops at 70% of the after-repair value. You bring the difference between that amount and your total purchase and rehab cost.
What is the smallest loan you make?
Loans start at $150,000.
How fast can you close?
We can close in about 5 days once we have the contract, the rehab budget and title is open.
More from Dallas Private Money
Loans, calculators and guides for Dallas fix and flip investors.