Home / Areas we serve / Irving, TX
Hard money and fix and flip loans in Irving, Texas
Loans for older homes in south Irving, rentals near Las Colinas and new construction in Irving.
The Irving market for investors
Irving sits between Dallas and DFW International Airport and includes the Las Colinas business district. South Irving has older single-family homes, while Las Colinas and the north side are newer.
Investors renovate dated homes in south Irving and hold rentals for the area’s large airport, corporate and logistics workforce.
Areas investors ask about
- South Irving: older ranch homes to renovate
- Las Colinas: condos, townhomes and newer homes
- North Irving and Valley Ranch: newer homes with association dues
Plan for these on a Irving 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.
- Expansive clay soil makes foundation movement common. Get a foundation inspection before you set the rehab budget.
- Parts of Irving near the Trinity River and its creeks are in flood zones. Check the FEMA flood zone before you make an offer. Where flood insurance is required, the premium is part of the payment.
Loans available in Irving
| 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 |
Irving hard money loans: common questions
Yes. We finance fix and flips, rentals and construction across Irving.
Yes, as investment property, including non-warrantable condos.
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 Irving?
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.