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favorite this post Fix & Flip Money Available (Pawtucket) hide this posting unhide

Fix & Flip Program - After Repair Value
Financing for:
• up to 90% of Purchase Price
• up to 100% of Rehab
• Not to exceed 75% of After Repair Value
Term: 12 months
Loan amounts: $50K to $2.5M+
Available to experienced & First-time investors
Property Types:
• Non-owner occupied 1-4 Family Residential
• Condos
• Townhomes
• Multi-families (5+)
• Mixed Use Properties
FICO: 600 Minimum

Fix & Flip - Exposure Line of Credit
An exposure line w/streamlined approval for the ARV program with guaranteed leverage and fixed rates.
Financing for:
• up to 90% Loan to Cost
• up to 80% of As-Is Value
• Not to exceed 75% of After Repair Value
Term: 12 month Revolving Investment Periods
Exposure Limit: $1M - $10M
Available ONLY to investors with a portfolio of 10 or more flips per year.
Property Types:
• Non-owner occupied 1-4 Family Residential
• Condos
• Townhomes
• Multi-families (5+)
• Mixed Use Properties
FICO: 660 Minimum


Buy-to-Rent Loans
Financing for:
• Purchase: Lesser of up to 75% of As-Is Value or up to 75% Loan-to-Cost
• Refinance: Up to 70% of the As-Is Value
• Cash-Out: Up to 65% of the As-Is Value
Term: 24 months (12-month extension available, for fee)
Property Types:
• Non-owner occupied 1-4 Family Residential
• Condos
• Townhomes
• Multi-families (5+)
• Mixed Use Properties
FICO: 660 Minimum
Property Values: As-Is Appraised Value must be greater than $75K
Rent Coverage Ratio: 1.25

  • do NOT contact me with unsolicited services or offers

post id: 6785116427

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