Fix N Flip Loans
The term "fix and flip loans" refers to financing used by short-term real estate investors to purchase and renovate a property in order to sell it for a profit. Fix n flip funding for flipping properties offers investors fast closings for properties in any condition. Short-term loans can help real estate investors renovate a property and sell it fast.
The term "house flipping" is used to describe the process of buying, rehabbing, and selling properties for profit. In 2017, 207,088 houses or condos were flipped in the U.S., which is an 11 year high. - "2017 Home Flipping Report". ATTOM Data Solutions.
Types of Fix & Flip Loans
- Hard Money Loan
- Cash-Out Refinance Loan
- Home Equity Line of Credit
- Investment Property Line of Credit
- Bridge Loan
- Permanent Bank Loan/Online Mortgage
Our fix and flip loans provide flexible terms for funding of up to 80% financing of the purchase price and up to 100% of the rehab costs of the project to the real estate investor who wants to purchase and renovate a residential or commercial real estate investment property. We offer hard money loans for fix and flip properties from $400,000 and up, with no prepay penalty and no limit on the number of properties.
Fix and Flip Property Types: 1-4 Unit Investment and Investment Mixed Use properties
Our Fix-N-Flip Financing Program Highlights
- Fix and flips for Ground-up and distressed properties
- Only 20% Down Payment Required (for qualified flippers)
- Loan amount $400,000+ (No Maximum Loan Amount)
- 6 months to 20 years term - interest-only, partially-amortized, and fully-amortized loans available.
- First Time Investors: Not allowed
- A very user-friendly and streamlined process
We offer loans for any type of real estate situation where a quick closing is needed. With just 24-hour turn-around times, you can get the money you need fast. With the right fix and flip loan provided you can have the cash you need at the earliest.
Apply online today to get the loan process started. If you have any questions about the fix n flip loans, please feel free to contact us today.