Fix and Flip Loans

An acquisition and renovation loan product popularly known by many as a “fix and flip loan,” allows new and experienced investors to purchase a property, renovate or remodel it, and choose to capitalize on profits through reselling at the newly attained value or retaining the property as a rental property by refinancing it into a long-term loan (DSCR Loan). This loan product is an all in one interest-only loan where it can include up to 100% of the rehabilitation costs and a majority of the funds necessary to acquire the property.

When a project is properly structured with a wholesale purchase price, market specific appropriate rehab budget, and a maximized after-repair retail market value, investors then can refinance into a new long-term loan with a high enough loan amount to refund cash sufficient to cover all of the original upfront costs and permit the investor to repeat this process with another project (BRRRR Method). This enables investors the opportunity to continually recycle their original investment and occasionally even pick up profit without having to sacrifice their ownership of the asset. This is the most effective way to build your real estate empire quickly.

Important Advice – Like all other products, it is extremely important to connect and work with skilled realtors, financing partners (like us), and contractors to achieve most favorable results.

Additional Points – 

• If the project was bought at a low enough price and the rehab budget and ARV come in close to the originally estimated amounts, then the net proceeds from a property sale should be enough to pay off the renovation loan, most of upfront cash incurred during the project, and should leave for a nice profit after the sales cost are included. The target profit is 20%, every 6 months (BRRRR Method).
• These loans are able to close quickly, which enable the investor to act similarly to a cash buyer.
• This approach produces maximum results when implemented within a market where the investor has boots on the ground and acquires property off-market.
• Your business is improving homes to transfer into large profits fast, Our business is creating straight-forward funding programs that move as fast as your business. Whether house flipping is a good second income or your full-time job, you will love our no-hassle easy to qualify approach.