Texas Hard Money Deal - Active

540

None

No

Manchaca

Texas

$362,000

$200,000

After 12 years of a great high paying job in construction management, my husband was laid off. During that time of looking for a comparable job we fell 3 months behind on our mortgage and are facing foreclosure. There js quite a bit of equity in our home that we want to stay in. My husband found a new job building multi family and earns $150k a year + bonuses, but it’s hard to get caught up since we had no savings during his period of unemployment. We are seeking a hard money loan to get caught up, and to also purchase a piece of land to start a custom ranch building business which will be on the side from his regular job. He has decades of construction experience and we would like to use this opportunity to better our situation. Out credit doesn’t qualify for a heloc so we are seeking a private hard money lender. His business plan is great and will be very successful and in addition it will save our family home.