Fix & Flip Loan
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- Fix & Flip Loan
Descriptions
Ideal for a real estate investor who wants to buy an under market value property, fix it up and then resell. We finance the purchase of a new property plus give 100% of the rehab funds! In just 7-10 business days, we can close a loan on the purchase of a new property and then finance all of the rehab expenses. This program allow a real estate investor to come up with minimal capital and save money to use toward the next investment project.
Loan Requirements
Interest rate: 8%.
Collateral: Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes: 5+ Unit Apartments; Mixed-Use Properties.
LTV: 100% of the Purchase Price + 100% of the Renovation Cost.
Term: 12 to 18 Months.
In-house loan servicing & draws.
Quick closing options.
Minimum FICO: 620.
Pre-Pay Penalty: N/A
Testimonials
What Our Client Say
Over our 20 years in business, we have helped thousands of borrowers realize their dreams of becoming real estate investors. Their testimonials outline why working with B.W. Loans LLC is one of the best decisions an aspiring real estate entrepreneur can make.
Our Process
Our Lending approval process
We have a simple and easy loan process.
Connect
Get in touch and let’s talk about your deal. We work with investors daily nationwide to fund their deals.
Apply
Our application process is straight-forward and streamlined. Revolution’s tech-enabled lending platform makes it simple and hassle-free.
Approve
Our team of expert underwriters understand this business inside-out and matches the speed at which you need to execute.