Fix & Flip Line of Credit Program: Get a Free Quote Here ——-> Free Quote Request – Fix & Flip Program
We have a formula to combine your sales volume in the last 5 years, FICO, liquidity, and net worth to issue you an exposure limit on a line of credit where you can get 12 months of set pricing on all of your deals with high leverage and low cost. LOCs typically set to 10x your liquid assets.
- 90% of purchase + 90% rehab up to 75% ARV
- Interest from 6.75-9.5%
- Origination varies with experience and volume from 1.75%-2.5%
- Minimum of 2 investment properties purchased in the last 5 years
- Minimum 680 FICO
- Minimum $50k Liquid
- One annual credit check – NOT DEAL BY DEAL
- No limit on # of projects
- All Cash Buyers can refinance at 90% LTC to become liquid again
- 90% of Hard Costs to Build on 1-4 Unit New Construction
- Loan Amounts from $75k-$2MM
1-4 Unit Flips – 90% of purchase price + 90% of rehab up to 75% ARV
5-20 Unit & Mixed Use Flips – 80% of purchase price + 80% of rehab up to 70% ARV
1-4 Unit New Construction 90-95% of hard costs to build up to 75% ARV
Shovel Ready Land Acquisition: 75% LTV
Un permitted Land Acquisition: 60% LTV
