Our Fix & Flip Line of Credit offers experienced investors a line of credit they can use to acquire and/or renovate multiple properties. Our Fix & Flip Single Loan requires no experience and is available to first-time investors.
Key Facts About Our Fix & Flip Loans
Rates as low as 6.99%
Lines of credit up to $10MM with individual loan amounts from $50K to $2.5MM
Financing for up to 90% of acquisition costs and 95% of renovation expenses, up to 75% After Repair Value
Single property loans available for borrowers with no real estate investment experience
Fix & Flip Line of Credit
Exposure line up to $10MM for experienced investors (1+ completed flip in past 2 years)
Single property loan available with no experience required
6.99% and up
$50K – $2.5MM
12 months (standard), with optional extensions
LLC, Individual, LLP, or Corporation
Maximum Loan-to-Value (LTV)
75% of After Repair Value (ARV)
Maximum Loan-to-Cost (LTC) Cost is purchase price amount
When do we use LTV vs LTC?
Generally, we use the lesser of LTV or LTC calculation
Funding up to 95% of rehab budget, max 75% ARV
Single Family Residences (SFR)
2-4 unit properties
Multi-family 5-20 unit properties
Not sure whether you need the Fix & Flip Single Loan or the Fix & Flip Line of Credit?
The Fix & Flip Single Loan is designed for investors who need funding to flip a single investment property.
The Fix & Flip Line of Credit is a line of credit offered to experienced investors who plan to acquire and/or renovate multiple properties.
All Fix & Flip lines of credit allow investors to close quickly.
Both Fix & Flip Single Loan and Fix & Flip Line of Credit offer the option of rehab funding, if needed.