Fix & Flip Loans

A fix and flip loan is a financing option designed for purchasing and improving properties. It provides the necessary funds for acquiring and renovating real estate. When executed correctly, a successful sale of the property at a higher price allows for loan repayment along with potential profits.

If you choose to retain the renovated property for an extended period to benefit from cash flow and value appreciation, you have the option to secure a long-term loan by refinancing the fix and flip loan. This allows you to explore funding opportunities from traditional or private lenders.

If you have a construction line of credit for your flip-and-fix project, you have the flexibility to request funds as you complete different phases of the project. To initiate this process, simply fill out a request form, specifying the items from your original budget for which you require funding. Once you’ve submitted the form, an inspector will verify that the completed work aligns with the reimbursement request. Assuming everything checks out, the funds will be promptly deposited into the bank account you provided. Throughout your project, you can request payments as needed, tailored to your cash flow requirements.

The fix and flip program presents a plethora of strategies, each tailored to the investor’s goals for the property. Some opt for low-risk approaches, performing minimal work and swiftly selling the property. Alternatively, others enhance the property’s value by expanding its square footage. The chosen strategy hinges upon the investor’s preferences, the property’s condition, and the dynamics of the local market.

We offer a comprehensive program designed to assist individuals interested in purchasing, renovating, and subsequently selling a house. For those new to the venture, initial costs may be minimized. Collaborating with a proficient team is of utmost importance. Our aim is to support novice investors and witness their remarkable success.