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Buy Fix & Hold (RENT)

Long-Term and Short-Term Rentals that need Repair then Refinanced to Hold Long Term

Types of Buy, Fix, & Sell Loans

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BFH Loans in Texas

In Texas, we are a Loan To value Lender. A true Loan to Value lender does not have a Loan to Cost addition to their programs. When you are a Loan to Value Lender, it gives the borrower the ability to receive 100% financing where you can be $0 out of pocket at closing. The video above can walk you through how the math works.

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BFH Nationwide

  • SFR, 2-4 Units, Condo, Townhouse, Multi-Fam 5+, Mixed Use, PUD, Commercial
  • US Residents & Foreign Nationals with U.S. Entity in Good Standing
  • Min Loan $75k | Min As Is $100k
  • Up to 100% LTC/AIV with approved experience
  • Total loan no more than 75% of ARV with approved experience
  • UP TO 100% REHAB with approved experience
  • Single property and portfolio loan options
  • Min FICO 600
  • Minimum Experience: New Investors Welcome
  • NO RURAL PROPERTIES

 

Apply with a Loan Officer Team

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Rob Trigg
Director of Loan Operations
(903)806-4400
rob@jetlending.com
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Chelsea Avina
Jet Team 1 Assistant
(832) 982-2514
chelsea@jetlending.com
Nakita
Nakita Powell
Jet Team 2 Assistant
(832) 916-2588
nakita@jetlending.com
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Josh Singh 
Jet Team 3 Assistant
(832) 975-0435
josh@jetlending.com
Erick
Erick Pleitez
Nationwide Long-Term & Short-Term Specialist
(832) 415-1820
erick@jetlending.com

The Services We Provide

Leadership

Communication

We will walk you through every step of the way. You will get emails and texts on the progress of your loan and what you need to close with a dedicated Team just for your deal.

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Fast Evaluations

Your Jet Team will evaluate your projections and make sure you are in line with the market before you order appraisal within 24 hours.

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Fast Closings

We will close your deal within 3 days of clear to close from Title and appraisal report review.

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Benefits

The speed of capital is is more important than the cost of capital. Let us make sure we can fund your deal fast and also make sure you are making the profits you expect. 

Helpful Videos and Always Check Out our Education Page for All Our Educational Content

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How Buying, Fixing, & Holding Rentals Works

Short-Term or Long-Term Rents, you can use this to calculate what you need to be successful when you are leveraging to gain more rentals.
 
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How To COMP SFH

Here are some basic guidelines on how to comp a property.

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Eddie Gant Goes Over Managing Rentals

Eddie Gant Goes Over Managing Rentals. If you need a team behind you for your real estate investment deals

 

 

Frequently Asked Questions on Buy, Fix, & Hold (Rent) Loans

Hard Money is named since we lend off the Hard Asset and not your credit and income. It's based off the property you are trying to purchase or refinance. 

No, your credit just offers you what terms are available to you. We will pull a credit check to see how you pay other lenders back and what usable lines of credit you have to see how you can manage the project. On these projects, Jet Lending can make sure we work on your REFI even before you close your short term repair loan. You have to have a min 650 score for the refi or provide pre-approval with another lender to refinance you out to be in a buy, fix, and hold loan.

In Texas, Yes. In Texas we are true Loan to Value without a Loan to Cost addition at closing. Outside of Texas, our terms are Loan to Cost with a max Loan to Value. Get with your team and we will walk through the numbers. 

We will close within 3 days of clear to close from title and appraisal review. Be careful on terms you see that do not have an appraisal requirement, its your one time when you can see what you buyer is going to see when they try to get a loan to buy your property. It's valuable information. Our loan amount is not dictated by the appraisal, but its a 3rd party's perspective of the market that should be considered as you plan your strategy. 

Request To Be Contacted

Jet Lending

Your Fast and Friendly Asset Based Lender since 2004.

1419 FM 1960 E Houston, TX 77073

Call/Text (281)872-7800

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