LIG Assets, Inc is a Dallas based company that focuses on residential and commercial real estate in Dallas. We are happy to offer Hard Money loans in Dallas, Texas that are based on the After Repaired Value of the property. These loans include funds for both purchase and rehab and enables investors to fully leverage his investment and maximize his return on investment.
The loans cover up to 70% of the ARV on single family homes. ARVs between $80,000 and $2 Million. The loans are for a six month term as long as you have no recent foreclosures on your Credit Report or bankruptcy. We allow a one-time extension of three to six months at our discretion.
For this loan, a mortgagee’s title policy is required, as is an insurance policy on all loans for the term of the loan. Appraisals must be ordered through LIG Assets and performed by our appraisers. In addition, all properties requesting a hard money loan must be in Dallas area.
LIG Assets has recently activated new asset based lending agreement to finance a new round of purchases of single family homes in Texas. These single family homes are purchased at a market discount and remodeled or upgraded before being sold or leased at a profit or positive cash flow. The Company plans to greatly increase buying activity in the near future, and also offers accredited investors the opportunity to partner one these transactions.
LIG Assets, Inc focuses primarily on income producing properties whose cash flow and operating leverage contribute to the overall value of the entire LIG Assets enterprise. The company currently maintains a portfolio of approximately 300 cash flow generating single family home throughout the state of Texas.
LIG Assets, Inc. is poised to generate significant cash flow and net income from current and future properties and transactions, thus substantially increasing shareholder value from current levels. Contact us today at 214.760.1000