We all know Austin has been growing quickly over the past few years, but at what rate exactly? Recently, Austin Demographer released the number: an average of 110 people move to Austin each day! Just in the past year, home prices have gone up an average of 9% and the time on market has dropped nearly 20%. Considering all of this, it’s apparent there is a huge need for more houses to be built in the Central Texas area. With our all-inclusive approach, covering everything from the loan application to the servicing of the loan, getting funded has never been easier. Our objective is to get your project funded faster and allow you to do more of them. Together, we can Keep Austin Building!
Trying to get financing through the banks for a spec build is sometimes out of the question, but some Private Money and traditional Hard Money lenders can take months to finally get your project started. As local, Central Texas real estate investors ourselves we understand the urgency of the market, getting even the largest projects funded in as little as two short weeks.
Traditional Hard Money is expensive. At Keep Austin Building, we have a number of investors who offer Private Money at a better rate and fewer points than you can find with traditional Hard Money loans. We can also offer you an even lower rate if you have a proven track record, showing us it’s less of a risk to lend to you.
Each of our loans is catered to your particular project. We don’t believe in a “One Size Fits All” approach to funding, and are determined to find the best solution for you. If you have a project that has great potential, but you just can’t find the right financing, give us a call! Our years of real estate experience can help find the right fit for you.