Fix and Flip in Laredo

Inventory. Webb County ran about 570 active listings in July 2026 for a metro of 281,224 people, roughly 2.0 listings per 1,000 residents against neighboring McAllen's 3.7, and the median time on market lengthened to 69 days from 59 a year earlier. Deal flow here is scarce and largely relationship-sourced. Speed of funding matters more than negotiating the last few thousand dollars off the purchase price, since the next comparable listing may not surface for weeks. We can turn a term sheet the same day and typically fund within 48 hours of clear title.

By close to $960 a year on an otherwise identical property. Webb County's Truth in Taxation summary lists Laredo ISD's adopted TY2025 rate at 1.156800 per $100 of value against United ISD's 0.721655, a 43.5-cent spread driven mostly by Laredo ISD's higher debt rate. On the $220,442 metro mid-tier home value that is roughly $960 a year, or about half a month of rent, before you add city, county and college rates. There is no homestead exemption or 10% cap on an investment property, so the full spread lands on carrying costs every month of the rehab. Confirm which district a parcel sits in before you underwrite the hold.

Yes, and a municipal utility district can matter more than the city rate. Stacking Webb County, Laredo College, the drainage district and either school district against city of Laredo rates runs from about 1.87% to 2.31% of value. But an unincorporated parcel inside Gateway MUD #1 or Webb County MUD #1 adds a full 1.000000 per $100 on top, which can push an otherwise lower-tax United ISD parcel above 2.36%, higher than a city parcel in the higher-cost school district. Ask whether a MUD applies to the specific lot before you price the deal.

No. Webb County sits well inland and is not one of the 14 first-tier coastal counties eligible for the Texas Windstorm Insurance Association, so a Laredo rehab is bought in the standard insurance market with no WPI-8 windstorm certificate requirement. That is a real underwriting advantage over Corpus Christi, Brownsville or Galveston, where a wind and hail policy is its own line item and its own inspection. Get an actual quote for the specific address; a county-average premium here is not reliably sourced, so we won't hand you a placeholder number.

We do not have a sourced timeline, and neither should you assume one. The City of Laredo's permit fee schedule, plan review timeline and impact fees were not available from a primary source as of this writing, and Texas has no statewide permit review clock to fall back on. Call the city's building department for the specific scope before you set your rehab schedule and your 6-month term against it, and price the delay into your hold rather than guessing.

Yes, and it can decide whether the deal closes at all. Webb County sits within 50 miles of the border, which makes it a Subchapter B county under Local Government Code chapter 232: the sale of a rural lot that lacks water and sewer service, or a bonded guarantee for it, is generally forbidden except by someone who resides on the lot, and a subdivider must "build it or bond it" before final plat approval. Before you fund a rehab on an unincorporated lot, confirm it sits on a recorded, approved plat, confirm actual water and sewer service rather than "available nearby," and run title deep enough to catch any contract-for-deed chain. This has nothing to do with a flip inside Laredo city limits, only lots outside them.

We fund up to 90% of the purchase price and up to 100% of your rehab budget, with the total capped against the after-repair value (ARV). Rehab money is released in draws as the work is completed.

Our fix and flip pricing starts around 9.99%, interest-only, with origination typically 1 to 3 points depending on your experience, leverage, and the deal, and every quote is subject to underwriting. Across the market most flip loans run roughly 9% to 12%. On most flip loans, including ours, interest is charged on the full loan amount, rehab budget included. Paying interest only on rehab funds as you draw them exists in the market, but it is the exception, not the rule.

No. We work with first-time flippers as well as full-time operators. Experience mainly affects your leverage and rate, since a longer track record earns higher loan-to-cost and better pricing. A newer investor can still get funded with a sound deal, a realistic budget, and a clear exit.

We can get you a term sheet the same day on a complete application, and we typically fund within 48 hours of clear title. The main variable is how fast title and insurance come together, which is why a full close usually runs 5 to 7 days. Because we are the lender and underwrite in house, there is no second layer of approval to wait on.

No. Our fix and flip loans have no prepayment penalty, so paying off early when the property sells costs you nothing extra. Terms run 6 months, and because there is no penalty, selling sooner never costs you extra.

We run credit, but this is an asset-based loan, so the property, your budget, and the ARV matter most. We do not ask for W-2s or tax returns to qualify a flip. We will want to confirm you have reserves to carry the project to its exit.