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austin Income and Investment Property

 

 

Austin is one of the fastest growing cities in the United States. Austin is one the Southwest's leading business and financial centers.The increasing number of companies that relocate to Austin each year has fueled the real estate growth. See our city info links on statistics.
WHERE:
austin Inner Loop      North Austin,   Northwest austin,  West Austin
South austin      Southeast Austin,  Northeast austin, Southwest austin
Buying real estate in the Austin area requires some research. What is the best area of Austin to buy in? North Austin, South, West or some areas under transition such as East Austin or near the old airport. .... Do you want older homes to rehab, new homes for rentals. With prices for Texas real estate climbing but still vastly undervalued compared to east and west coast markets, things are heating up.
ECONOMIC DATA
Austin is truly a city of growth.  Many reports indicate  that because of innovation with Venture capital being over 4 times the national average Austin , Texas real estate is truly poised for growth. Austin’s residents hold more degrees and also have higher average income than the national average

Many sources say Austin in top 10 places to live in terms of business climate, real estate market (appreciaition), and quality of life.
Austin,Texas  tops the nation for business says Moody's Economy
http://www.bizjournals.com/austin/stories/2007/08/06/daily6.html
Austin, Texas rated #1 best place for business and careers by Forbes Magazine
http://www.forbes.com/2003/05/07/bestland.html
Austin In top ten best places to live, Money Magazine
http://money.cnn.com/2002/11/08/pf/yourhome/bplive_austin/index.htm
Austin, TX #1 best place for families, Employee Relocation Council (ERC) and Primacy Relocation
http://sev.prnewswire.com/television/20041029/CLF05529102004-1.html
"Austin has done it again," said Matt Spinolo, Primacy's CEO. "It's already ranked number one for relocating families. Now it seems that Austin is the best city for transferees with or without a family." ERC and Primacy produced a related survey this past May, naming the Best Cities for Relocating Families.
Austin: Rated #2 best place to live and workEmployment Review June 2000
http://www.simplysiestakey.com/bestplaces.html
Top Ten best places to live and work, Monstermoving.com
http://www.monstermoving.com/Find_A_Place/FAP_Article/Americas_Best/Best_Places.asp
#2 out of 200 best places to do business, Forbes/Milken 2001
http://www.forbes.com/lists/home.jhtml?passListId=1&passYear=2001&passListType=Misc
Rated #3 best housing market (for investment real estate) over the next five years, The Meyers Group
http://www.namc.com/hottips/where_invest.asp?lrid=

#4 in the nation for hottest job growth, Business 2.0 (via Austin Business Journal)
http://austin.bizjournals.com/austin/stories/2004/02/23/daily8.html

#6 in the nation for best schools, Forbes
http://www.forbes.com/realestate/2004/02/13/cx_bs_0213home.html

Our goal is to make finding and financing real estate in the austin, Texas and surrounding area as easy as possible. See our realtor links for info on specific areas of austin. See our website for Texas investmnent property loans for information for obtaining funds for flps and long term investment property mortgages. Each area has its own unique characteristics. We have provided pages of detailed fiancing strategy from rehabs to long term holds for rental property.

Use and Save this website for education about the austin, Texas investment real estate climate. Make new contacts in austin, Texas income and investment property circles.

See our other Texas investment property sites.

See Preservation austin for a look at historical homes and facts in austin.

 
 

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 summit lending

SUMMIT LENDING -Specialists in investment property financing

Summit Lending is texas mortgage broker specializing in investment loans in Texas. From 0 down, to no income verification, no documentation, cashouts with no seasoning. APPLY ONLINE, for quick prequalification.

A Texas investment loan can be used for rental property (non-owner occupied loans) 1-4 units. Investment property loans are usually a higher interest rate than an owner occupied, or non investment loan.

Texas investment property loans come with more options today than ever before. Whether your income property loan is for Purchase or refinance up to 100% financing is available. There are even interest only or option arms that are tools to increase your monthly cash flow. A single borrower can often finance and unlimited amount of properties if set up correctly. The 10 properties limit is for fannie mae. Visit our loan submission site for loan applications and investment loan scenarios.

INVESTOR LOAN PROGRAM HIGHLIGHTS:

Let us show you how to turn your rehab properties to investment and income properties with almost zero money down or out of pocket. visit our site on Texas rehab loans. With the use of banks and private money turn distressed investment property into income producing property.