Bob Nance and Heather Goodstein, owners of My Rehab Lender, Inc., are experienced private hard-money lenders based in the Dallas Metro area. Since 1990, they have been in the business of brokering, buying, rehabbing, managing, and loaning for flipping houses, developing properties and other investment projects. They are experts in the field of hard-money bridge loans for investment property. Their circle of customers extends to Austin and San Antonio (Dallas County, Tarrant County, and Collin County) as well. The services they offer to their clients include:
- Finding investment opportunities
- Refinancing with cash out
- Rehab fix and flip projects
- Construction loans
My Rehab Lender, Inc. extends loans only to qualified real estate investors/ developers. All loan considerations must include a thorough and well-researched business plan and experience in real estate investing. If you need a loan for a project like the ones listed, you need to work with Bob and Heather. They can fund any kind of bridge loan and they can fund it quickly.
You will be supporting small local business when you work with Bob and Heather. Theirs is a company that has acquired knowledge and integrity through a hands-on approach. They are Texans helping other Texans improve communities; improve their personal lifestyles; and support the Central Texas economy.
Bob and Heather are in the business of providing realtors and developers what is called “hard-money”. This type of loan is also called Private Lending. MRL is a private company that is able to fund non-standard real estate loans.
These types of loans:
- Are usually short term
- Are loans with interest only payments
- Are for properties with a minimum of 30% equity or more than 70% ARV (after repaired value)
- Have an interest rate of 12%
- Have an up-front origination fee of 2 points
A hard-money loan is appealing to realtors and developers because they are flexible, fast, and the investor can add extra money to the loan for repairs and enhancements to the property. When a property or the buyer does not meet the criteria for conventional underwriting guidelines, private lending is definitely the way to go.
Fill out the Quick Contact Form below and let Heather and Bob assist you in getting the money you need. You could get your approval within 24 hours after filling out your application. There’s no time like the present. Contact My Rehab Lender, Inc. today!