About Park Place Funding LLC
Park Place Funding, LLC is a dedicated private money lender based in Texas, specializing in rapid, short-term funding solutions for real estate investors. Founded by Michael Colaninni to address the need for trustworthy and efficient capital, the company empowers landlords, flippers, and builders to acquire and leverage more properties by minimizing their upfront cash investment.
The lender's core focus is on investment properties, offering specialized loan programs for rental properties, property flips, and new construction. Their financing is primarily based on the After Repair Value (ARV) of the property, providing a flexible alternative to traditional lending. Park Place Funding prides itself on being a responsive partner, known for its quick closing times and streamlined draw processes for construction projects.
Committed to supporting both new and seasoned investors, Park Place Funding emphasizes customer service and clear communication throughout the loan process. Their ability to quickly close deals, often in less than two weeks, is a significant advantage in competitive real estate markets, helping clients maximize their cash flow and accelerate their investment portfolios.
The lender's core focus is on investment properties, offering specialized loan programs for rental properties, property flips, and new construction. Their financing is primarily based on the After Repair Value (ARV) of the property, providing a flexible alternative to traditional lending. Park Place Funding prides itself on being a responsive partner, known for its quick closing times and streamlined draw processes for construction projects.
Committed to supporting both new and seasoned investors, Park Place Funding emphasizes customer service and clear communication throughout the loan process. Their ability to quickly close deals, often in less than two weeks, is a significant advantage in competitive real estate markets, helping clients maximize their cash flow and accelerate their investment portfolios.
Company Information
Lender Type: Private Money Lender
Licensed In
TX
Digital Capabilities
Online Application
Digital Document Upload
Home Loan Products
Rental Property Loan
Loan Types:
Hard Money
Rate Types:
Fixed Rate
Property Types:
Single-Family HomeMulti-Family (2-4 units)Investment Property
Occupancy Types:
Investment Property
Employment Types:
InvestorBusiness Owner
Income Verification:
Bank Statement
Available Terms:
1 years
25%
Min Down Payment
75%
Max LTV
Flip Property Loan
Loan Types:
Hard MoneyBridge
Rate Types:
Fixed Rate
Property Types:
Single-Family HomeMulti-Family (2-4 units)Investment Property
Occupancy Types:
Investment Property
Employment Types:
InvestorBusiness Owner
Income Verification:
Bank Statement
Available Terms:
1 years
25%
Min Down Payment
75%
Max LTV
Construction Loan
Loan Types:
Hard MoneyConstruction
Rate Types:
Fixed Rate
Property Types:
Single-Family HomeMulti-Family (2-4 units)Investment Property
Occupancy Types:
Investment Property
Employment Types:
InvestorBusiness Owner
Income Verification:
Bank Statement
Available Terms:
1 years
30%
Min Down Payment
70%
Max LTV
Contact Information
2220 E Cesar Chavez St
Austin, TX 78702
US
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Business Information
Category: Mortgage Broker
Location: Austin, TX
Status: Standard
Type: Private Money Lender
Profile Views: 15
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