Our “One-Stop” loan is designed for borrowers looking to maximize financing for their Florida Fix & Flip real estate projects.
The following are basic loan details:
- A “One-Stop” Loan: – all-inclusive – Fix & Flip financing can include: acquisition, closing costs, interest reserve, and up to 100% of rehab costs
- Property Type: Financing (investment purpose only) for single-family homes, 2-4 Unit properties, condominiums, and townhouses
- Interest Rate: Competitive “fixed” rate/interest only / no pre-payment penalty
- Loan Size: Loans ranging from $500,000 to $5,000,000
- Loan Term: 12 – 15 months – extensions available
- LTC: Up to 85% of total project costs
- LTV: Up to 70% of after-renovation value (ARV)
- Rehab Amount: Up to 100% of construction costs
- Experience: No experience required
- Rehab Draws: Internal management of inspections and fund disbursement
- Foreign Nationals: Eligible
For further information about our “One-Stop” – Fix & Flip loan program, please contact our office and we will provide you with an immediate quote based on your specific project requirements.
