Investor Financing
Fix ‘n’ Flip Bridge Loans
- Re-hab Bridge Loans – (General Terms)
- 90% Financing – Acquisition Costs *
- 100% Financing Improvements Cost
- 12 Month Term
- Total Loan amount must exceed $75K (Acquisition + Improvements)
- Projected Home Value must have 75% LTV (Post Improvement)
- Qualified Investors Only-(LLC or Corp)
- Comm. Bank Acct 90 days old
- $15K Min Balance at closing
* 75 – 85% if new investor, w/<4 Flips completed
30 Year Fixed Mortgages – Residential Rental Market
- Refinance 4-8 vacation rentals in one loan with one monthly payment
- 30 Year – No balloon
- Purchase or Refinance Options available
- Qualified Property: Residential & Vacation Rental
- 1-4 Unit Single Family property
- Investors Only, as Individual, LLC, Corp or Lmtd Prtnr
- Range of Funds $75K – $1M+
- Max LTV: 80%-Purchases and 75%-Refinances
- FICO: Middle of 3
- Leased or unleased-Must be Rent Ready
- Customized prepayment penalty and buy-down options
- Available 5 Yr interest only option