Fix & Flipper's Lending Program Highlights

  • Loan sizes $75,000 – $5,000,000
  • Initial loan-to-cost; 80% to 90% of purchase, 100% of rehab funds
  • Up to 60% to 65% of after repair value (ARV).
  • Loan term: 12 months interest only ( extensions available)
  • No pre-payment penalty
  • Interest rates = 9% (experienced)  to 14% (newbie)
  • Points = 2% to 4%
  • Loans are made to LLC’s or corporations only
  • Non owner occupied only
  • Ten business days average time to close (quickest loan closed in 4 days)
  • Funding New Jersey / Metro New York / Eastern Pennsylvania / Connecticut

Our Favorite Lending Programs for “Fix and Flippers”!

  • Fund 1: 80% (newbie)-90% (experienced) of Purchase, 100% Rehab, 10-12% & 3-4 Points, 1 yr., no-pre-payment penalty.
  • Fund 2: 75% Purchase, 75% Rehab, 11% & 2 Points, 1 yr., no-pre-payment penalty.
  • Fund 3: Joint Venture, 100% Funding, NJ/NY only, No Monthly Payments, Back End Split (TBD)
  • Fund 4:   Transactional Funding, A to B to C funding, same day buy/same day resell 100% funding, 2.5% fee

*Lending programs may change or withdraw at any time. These loans are business loans only, not to individuals. We DO NOT fund owner occupied residential properties. In no event shall any proceeds be used for personal, family or household purposes.  Borrowers and Guarantors will not occupy the Property.