Our Fix and Flip Loan program intends to help Borrowers who are looking for financing the repairing and improvements works of a real estate property they have invested in with the purpose of reselling it eventually. According to our loan program, we can provide the necessary capital to finish the deal work.
We make sure to frame a decent interest rate ranging from 9% to 12%. Since financing cost is a substantial cost component, we, therefore, strive to structure the lowest possible interest rate for our Borrowers.
Borrowers should keep in mind that we solely look into the equity of the property and not deal into the income issues or bad credits of the subject before lending money.
Unlike most other traditional lenders, we look beyond the purchase price of the property to determine its market Value. In addition to it, we make provide the necessary funds for repair and improvement works. Post repairing, we consider the ARV (After Repaired Value) when determining the final loan amount.
A Fund Control Account might be needed if we can gauge the possibility of a substantial repairs and improvements works. The idea is to make sure that the scheduled property improvements comply with building standards and general building codes.
Fill the Short & Simple Loan Submission form and send your queries regarding how you would like us to check the merits of the transaction and determine the Fix and Flip loan. We assure to give you a fast response to help your get clarity on the matter.