If a buyer/seller plays his cards right, flipping a property can still be a quite profitable endeavor. If one can find a commercial property - for example luxury accommodations - that is offered at below market price, residential or hotel financing could be relatively easy to acquire. From there, it's just a matter of transferring or granting the title and interest to a buyer for cash or perhaps a trade-off.
Purchase financers and business lines of credit lenders in Texas may be open to these deals because of the state's laws consider all property transferable and all contracts assignable. However, be aware that financing for the purpose of flipping a property may be limited by the Department of Housing and Urban Development. Consult with an mCLQ representative for advice on sorting out bond loans and other finance options. (For a glimpse at the types of properties available in Texas, browse our listings page for properties in the Dallas, Houston and San Antonio areas.)
We at mCLQ hope you'll feel comfortable coming to us for help with all your borrowing needs. Our options are varied, and not just limited to luxury housing and hotel financing. We also specialize in alternative and non-traditional borrowing situations. Some of our other options include credit lines and even bond loans. These finance plans are defined as interest free and designed for borrowers who fall short of the funds necessary to pay rental bonds on a private rental property.
Borrowing choices at mCLQ are not limited to property purchases. Our options also include gathering offers from business lines of credit lenders for commercial expansions and improvements.
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