Bridge/ Fix and flip
Bridge/ Fix and flip
Having worked with numerous real estate investors nationwide, we understand the need for securing capital as soon as possible. Finances both acquisition/purchase and renovation costs. We offer funding in 24 hours as long as you meet the requirements below:
- Funding In 24 Hours
- Loan To Value Up To 90%
- Term: 3-60 Months
- Interest Rate: from 5%
- Collateral: 1st lien position on the property.
- Loan size:$20,000 – $10,000,000
- Short Sale- Accepted
- Bad Credit -Accepted
- Bankruptcy -Accepted
- Foreclosure -Accepted
- Repayment: The repayment schedule will be interest only payment and balloon payment of the principal at the end of the loan duration or principal and interest payment (Amortized). Payment could be structured monthly, quarterly or annually. Payment instruction will be provided by the lender. The rental income should be able to service the loan repayment in full.
- Fees: Borrower will be responsible for expenses without limitation, including legal fees at closing.
Required Documents
Required Documents
1. Last 3 Bank Statements or pay stub
2. Business Entity document ( if you are applying as an entity )
3. Driver License
3. Driver License
4. Utility Bill
