Fix and Flip loans are designed for real estate investors looking to purchase, renovate, and quickly sell properties for profit. These short-term financing solutions provide the capital needed to acquire distressed properties, fund renovations, and cover holding costs until the property is sold. With competitive interest rates and flexible terms, Fix and Flip loans are an ideal option for experienced investors or those new to the market seeking to maximize their returns.
Whether you’re tackling a single-family home or a multi-unit project, our tailored loan options can help you achieve your real estate investment goals efficiently. Let us help you turn your vision into profit!
Documentation Needed:
- Purchase Contract (If Purchase)
- Rehab Budget / Scope of Work
- REO Schedule (Experience)
- Drivers License
- Property Insurance
- Copy of Last 2 Bank Statements
- LLC / Entity Docs
Property Types-Urban and Suburban Properties
- Single Family Homes
- Duplex, Triplex, Quadplex
- Warrantable Condominiums
- Townhomes
- Multifamily 5+ Units (w/experience)
- No Rural Properties
Closing Costs
- Document Preparation Fee – $1,495
- 3rd Party Attorney Fee – $535
- Appraisal – $500-$700 typically
Not all Fix and Flip programs were created equally. We believe in transparency, our lenders’ leverage and rates are based on risk and experience. The more experience you have, the lower the rates and the higher leverage we can finance. We can help you decide if this is the best fit for your situation, give me a call or text at 206-889-9495 if you have any questions.