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FIX AND FLIP FUNDING

Private Money Fix & Flip or Fix & Rent Program
Term Summary
  • Fix and Flip or Rehab to Rent

  • Up to 90% of Acquisition Costs

  • 100% of Renovation Costs

  • Rates Starting at 7.99% I/O

  • 12 Month Fixed Rate Term

  • Origination: 2% and UP 

  • 600 Minimum Credit Score

  • Loan Amounts: $100,000 - $25,000,000

  • Closing in as little as 7 Business Days’

  • Heavy / Large Renovations OK

  • Rate & Leverage – Depend on your Experience

  • No Interest Charged on Undrawn Funds

  • Refinance and Hold with our 30 Year Stated Program – N.O.O

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*100% Funding Using Cross Collateral

 

Investors who have property with equity and wish to utilize this equity in replacement of cash at closing; you may use your existing equity up to 70% of fair market value as cash towards the down payment or purchasing your new Fix and Flip product.

 

Credit Lines offered on a Case by Case basis, usually customized to each investor.   You may leverage 5x your available cash and possibly 2x your equity position on investment grade products. 

Need more details? Contact us

We are here to assist. Contact us by phone, email or via our Social Media channels.

© 2018 by REIBH, Inc. 

Not all applicants will qualify for financing. All finance programs and rates are subject to final approval and are subject to change at any time without notice. Supporting financial documentation may be required by any transaction. REI Brokerage House brokers commercial, business purpose loans for real estate and business investment purposes only. Loan's are for investment purposes only and not for personal, family, or household use. Loan product availability may be limited. This is not a commitment to lend, loans are subject to borrower/asset underwriting approval at the lender’s discretion. Please seek independent legal and tax advice when making investment decisions, we at REI Brokerage House, are not to be considered your source for legal or tax/accounting advice.   

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