The Fix & Flip Line of Credit is designed for investors who need funding for multiple flips and renovations.
- Fix & Flip Lines of Credit allow flippers to close multiple Fix & Flip transactions at once and quickly. (Real estate investors with little or no seasoning, can gain experience with us,while improving your loan terms).
- Fix & Flip Line of Credit also allows Extensive Rehab for larger Fix & Flip projects.
- Fix and Flip Interest Rates vary depending on the risk (credit and REI experience) of the borrower, so always feel free to call or email us for a quote.
- Fix and Flip Line Amounts start at a minimum of $50,000 and it will go up to $3 Million, if your property or project requires a higher amount ask about our Fix and Flip Plus (extensive track record is required).
- Fix and Flip Loan Terms are 12 months as standard with an extended option up to 18 months if needed.
Fix and Flip Loans can either fund under the borrowers name or under an LLC, corporation or other entity you own.
Qualifying for Business Lines of Credit:
- 660 minimum credit score
- Interest Rates as low as 0% up to 18 months
- No Collateral
- No minimum length of time in business
- No prepayment penalties
- No Monthly Deposit Requirements
- Reports only to Business EIN if preferred