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Hard money and fix and flip loans in Arlington, Texas
Loans for ranch houses to update, rentals near UT Arlington and new construction in Arlington.
The Arlington market for investors
Arlington sits between Dallas and Fort Worth and is home to the University of Texas at Arlington and the entertainment district around the Cowboys’ and Rangers’ stadiums. Much of its housing is single-family homes built from the 1960s through the 1990s.
Investors update dated ranch houses for resale and hold rentals for university staff, students and the city’s workforce.
Areas investors ask about
- Central Arlington and near UT Arlington: older homes and student and staff rentals
- East Arlington: lower-priced homes to renovate
- South Arlington: newer subdivisions with association dues
Plan for these on a Arlington deal
- Investment property gets no homestead exemption, and combined property tax rates in the metroplex are often around 2% of value or more. For 2024 to 2026 the taxable value of non-homestead property worth $5 million or less can rise no more than 20% a year, but the limit resets when the property sells. Budget with full market value.
- Texas has no transfer tax and no mortgage recording tax, so closing costs are mostly title insurance, at rates set by the state, and recording and lender fees.
- Arlington limits short-term rentals to designated areas. Underwrite on long-term rent unless the address can legally host short-term rentals.
- Expansive clay soil makes foundation movement common. Get a foundation inspection before you set the rehab budget.
- Hail and wind drive insurance costs, and an older roof can raise the premium. Get a quote before you make an offer.
Loans available in Arlington
| Program | Use it for | Top leverage |
|---|---|---|
| DSCR rental loans | Purchase or refinance of single-family rentals, duplexes, townhomes and small multifamily | 85% loan-to-value to buy, 80% on a cash-out refinance |
| Ground-up construction loans | Building a home, a duplex, a build-to-rent home or a small apartment building, lot included | 90% of cost for experienced builders, up to 70 to 75% of the finished value |
| Fix and flip loans | Purchase plus renovation of a property you intend to sell | 90% of the purchase price and 100% of the rehab, up to 70 to 75% of after-repair value |
| Portfolio and commercial loans | A group of rentals under one note, or multifamily and commercial property | 80% on a portfolio purchase; commercial priced per deal |
Arlington hard money loans: common questions
Yes. We lend up to 85% loan-to-value on a rental purchase, qualified on the market rent.
Yes, at up to 90% of the purchase and 100% of the rehab at a 720+ credit score.
Fix and flip loans average up to 21 days and can close in about 7 days when title and insurance are ready. Rental and DSCR loans take about 30 days, appraisal included. Closings are handled by a Texas title company.
Looking at a property in Arlington?
Send the address, the price and what you plan to do with the property. We will reply with the leverage and pricing that fit your deal.