Bridge/ Fix And Flip

Bridge/ Fix And Flip

These are loans given to real estate flippers to buy and renovate a property and then sell it at a profit. You can’t get a rehab loan to fix up and resell any type of property, for example.  Another thing about this type of loan is that it’s time sensitive.  Having worked with numerous real estate investors nationwide, we understand the need for securing capital as soon as possible. The more real estate investment experience you have, the less out of pocket costs there will be. That’s why we offer funding in 24 hours as long as you meet the requirements below:

  • Funding In 24 Hours
  • Loan To Value Up To 90%
  • Term: 3-60 Months
  • Interest Rate: from 5%
  • Collateral: 1st or 2nd lien position on the property.
  • Fees: Borrower will be responsible for expenses without limitation, including legal fees at closing.
  • Loan size:$20,000 – $10,000,000
  • Short Sale- Accepted
  • Bad Credit -Accepted
  • Bankruptcy -Accepted
  • Foreclosure -Accepted
  • Repayment: The repayment schedule will be interest only payment and balloon payment of the principal at the end of the loan duration or principal and interest payment (Amortized). Payment could be structured monthly, quarterly or annually. Payment instruction will be provided by the lender. The rental income should be able to service the loan repayment in full.  
 
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