Fix and flip loans are for value-add properties (aka, under market value properties) that require repairs to bring it up to market standards.
From hedge funds to Wall Street-based capital, we work with 5 capital sources that focus on finding the right fit and price for your fix and flip, scrape, pop tops, or ground up construction.
You’ve come to the right place if you’re looking for the:
- Lowest down payments
- Longest terms
- Best rates
- Flexible options
- A lender who works hard to get you the best funding for your next flip!
Fix and Flip Loan Terms:
- Current rates start in the mid-9’s for clients with at least 7 real estate investment deals in the past 3 years. The Fed’s rates change constantly in today’s market, so be sure to check with us for any changes.
- Payments are interest-only and based on the amount funded.
- Rates are based on experience, credit score, and LTV.
- Fix and flip loans can finance up to 100% of the purchase and rehab of the property
- Current loans are typically up to one year in length. If you’re looking for longer terms, let’s chat.
- All loans must be made to a company and be for investment purposes only.
- Average closing time is 2 weeks (based on everyone working together to move the process along).
The Fix and Flip Loan Process
- Complete an application
- Credit score might get pulled
- Terms offered (based on the property’s estimated value)
- Appraisal ordered
- Title and insurance set up for closing
- Assets verified for closing/docs prepared
- Closing set and wire sent to the title
Apply for a Fix and Flip loan!
Ready to apply? Click the Quick Loan Inquiry button below or email info@thecashflowcompany.com.
Looking for more info on Fix and Flip loans and other investment loans? Check out our Youtube Channel.
If you need more aggressive lending, you can check out our hard money options at HardMoneyMike.com.
The Cash Flow Company can help you with all your funding needs for real estate investing. We provide conventional loans, private money loans, DSCR loans, and lines of credit. We fund on all types of properties and locations.