Fix and Flip Loans
A fix and flip loan is mainly based on the after repair value (ARV) of the property as collateral and typically you can get a loan up to 70 percent of the after repair value. If you are purchasing an investment property that needs rehab, this is the perfect loan for you. The loan process is quick with minimum paperwork required. Fix and flip loans are the way to go (almost same as you are purchasing with cash). They have higher interest rates and fees compared to conventional loans.
Fix and flip loans range from $100,000 up to $15,000,000. Terms vary but you typically have short terms up to 12 months with ability to extend for additional fee.
** 100% financing of purchase and rehab. Closing costs and 6 months interest payments must be paid out of pocket at closing.
Call us at 770-854-2194 if you have questions. Do not submit an application until you have property under contract unless you are refinancing existing property.
Submit application and required documents above to firstname.lastname@example.org.