Contact Us

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Contact Us

We're moving soon and our new address will be...

PREIN Funding LLC
7200 Ranch Road 2222 
Austin, TX 78730
(O) 512.270.0724

CONTACT FORM

 

Loan Program

 

Loan Terms

We loan up to a maximum of 65% of the after repaired value (ARV) based on lender ordered appraisal.

We typically can close and fund your loan within 7-10 days of receiving your fully completed loan request.

We primarily focus on bridge and/or rehabilitation private money loans to purchase and rehab Non-Owner Occupied properties in the Austin, Dallas-Fort Worth, Houston, San Antonio, & other surrounding areas of Texas on a case by case basis. (*Please note - We DO NOT lend on Owner Occupied Properties.)

We have been both investors and lenders so we are ready to work with both the new investor and the experienced investors as well.

Property Types

Residential and Commercial Real Estate Properties with a focus on Single & Multi-Family Dwellings, Income Producing Properties, Commercial Buildings, and Land.

Lending Area

Austin, Dallas-Fort Worth, Houston, San Antonio, & other surrounding areas of Texas on a case by case basis.

Loan Size

$50,000 – $1,000,000

Loan Term

6 months -12 months. Up to 3 years on a case by case basis.

Interest Rates

Rates range from 10 - 14%, but usually 12%. Other factors include LTV, down payment, & borrower financial strength.

Payments

Monthly Interest Only Payments. *No Pre-Pay Penalty.

Rehab Funds

Released by draws within 48-72 hours of request with inspection approval of satisfactorily completed work.

Lien Position

First lien only

 

Please note:

*Some private money investors may have pre-pay penalties and on some occasions there may be a pre-pay penalty on the loan.

We are not interested in funding any new construction or development projects.

Almost all loans are first trust deeds only. However, we consider 2nds, gap funding, and/or joint venture/equity participation in certain cases.

Loan Request Form

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