Maximize Property Value and Returns with Fix & Flip Loans in Covington, TX

Empowering real estate investors with financial solutions, our Fix & Flip loan program is crafted to help you purchase, renovate, and sell properties profitably. Whether you’re a seasoned investor or just starting out, our flexible and competitive financing options in Covington, TX are designed to support your property ventures.

Program Highlights

1. Eligible Property Types

  • Single-Family Homes
  • Condos
  • 2-4 Unit Properties
  • Multifamily Properties (5+ Units)
  • Mixed-Use Properties

2. Versatile Loan Types

Our Fix & Flip loans in Covington, TX cater to various investment needs, including:

  • Purchase
  • Refinance
  • Cash-Out
  • Renovation
  • Bridge Loans
  • Ground-Up Construction

No Experience Required New to Property investment? No problem. Our Fix & Flip loans in Covington, TX are accessible to both novice and experienced investors.

3. Flexible Credit Requirements

  • Minimum Credit Score: 650+

4. Loan Amount

  • Minimum Loan Amount: $100,000

Interest-Only Terms Benefit from flexible loan terms in Covington, TX ranging from 12 to 24 months with interest-only payments, ensuring manageable cash flow. Plus, there’s no prepayment penalty, giving you the freedom to repay your loan early.

Leverage Guide

Maximize Your Investment Potential

Purchase Price Loan-to-Value (LTV):

  • With Experience: Up to 85%
  • No Experience: Up to 80%

Rental Loan:

  • Purchase: Up to 80%
  • Cash-Out: Not Applicable
Real Estate Investment in Covington, TX
Why Choose Horizon Lending Services?
1
Expert Guidance

Our experienced team in Covington, TX provides valuable insights and personalized service, supporting you throughout your investment journey.

2
Smooth and Efficient Process

We simplify the financing process, allowing you to focus on your projects without unnecessary hassles.

3
Commitment to Your Success

We are dedicated to helping you achieve your real estate investment goals in Covington, TX with competitive rates and flexible terms tailored to your needs.

Get Started Today

Ready to embark on your next Fix & Flip project? Contact Horizon Lending Services today to explore our Fix & Flip loan program in Covington, TX. Our knowledgeable team is here to assist you at every step, ensuring you have the financial support to succeed.

Horizon Lending Services

Your Partner in Real Estate Investment Success

Benefits of Fix and Flip Home Loan in Covington, Texas

Fix and flip home loans in Covington, Texas provide investors with the opportunity to purchase properties at a lower price point, renovate them, and sell them for a profit. These loans offer flexibility in terms of renovation options and repayment schedules, making them a popular choice for real estate investors.

Demographically, Covington is a small town with a population of approximately 300 residents. The area has a rural feel and is known for its tight-knit community and low crime rates. The town's residents are diverse, ranging from young families to retirees, creating a welcoming environment for individuals of all ages.

In terms of the housing market, Covington offers a mix of historic homes and new developments, providing investors with a range of renovation opportunities. The median home price in Covington is below the national average, making it an affordable option for those looking to invest in real estate. The market is stable, with steady appreciation rates over the past few years.

Main attractions in Covington include the Covington Historic District, featuring charming shops and restaurants, as well as the nearby Lake Whitney State Park, offering outdoor recreational activities such as fishing and hiking. The town's small-town charm and proximity to natural attractions make it an appealing location for real estate investment.

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sharon@horizonlendingservices.com
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972-347-9224
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