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 75 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 $75,000 up to $15,000,000. Terms vary but you typically have short terms up to 12 months with ability to extend for additional fee.
Loan application, purchase contract, biz entity docs, driver license, detailed rehab budget, recent 2 months bank statements, and builders risk policy. Other docs may be required.
Loans available only on investment properties.
If you have a short term financing need, our company has a program for you. Whether you desire to purchase or refinance, we are your best source for financing.
We are just a call away, call us at 770-854-2194. Do not submit application until you have property under contract.
Submit application and required documents above to email@example.com.