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Purchasing a home in need of a substantial amount of work can be an excellent investment for new investors as well as experienced flippers and rehabbers. In addition to sound contractors and handymen, resale buyers, and reasonable prices on materials, you need suitable financing. The loan can make or break a fix & flip project depending on exactly when it's funded, if it includes a portion for improvement funds, and what type of leverage it offers to keep your capital liquid.
Like any remodel loan, the project funding depends on how complex your project is. We provide loans for funding improvements in addition to the purchase portion of the transaction. The portion of the loan for improvements can include all upgrades, from cosmetic improvements to complete auditions requiring permits. Some key loan features that we can offer for flipping homes are:
Low down payments for acquisition and 100% funding for improvement costs allow you to allocate your capital toward interest payments, other projects, and investments, and reserves for project contingencies.
Bridge Loans for quick acquisition in situations where you may need to compete with a cash buyer for a property with excellent investment potential.
Loans in all markets, including coastal and inland markets of California and many states across the US. We will consider properties in rural and outlying markets for lower leverage loans than properties primary in primary markets in urban and suburban communities.
Limited investment experience is welcome. We have access many lending sources that will offer competitive terms with minimal downpayment options to make your first few projects a success.
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We want to give you 10% discount for your first order,
Use discount code at checkout
We want to give you 10% discount for your first order,
Use discount code at checkout