Fix and flip loan

Short-term financing to buy, renovate, and resell a property.

Foto: Thomson200 · CC0 · Wikimedia Commons

Nota: Página en español pendiente: esta página se publicará en español después de la revisión de un oficial de préstamo bilingüe. A continuación se muestra la versión en inglés.

Who it's for

Experienced investors with a project plan.

How it works

Loan amount is based on purchase price plus rehab budget, and on the after-repair value.
Interest-only payments during the project; the loan is repaid at sale or refinance.

What you'll need

Scope of work and budget
Proof of experience or a strong plan
Cash for the down payment and reserves

Common questions

How fast can this close?

Faster than a conventional loan; timelines depend on the investor and the appraisal.

Por diseño, esta página no muestra tasas, APR, pagos ni porcentajes de pago inicial. Esas cifras solo se publican con la divulgación completa exigida por la Regulación Z.

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