Contractors, Custom Builders, Home Owners, Investors, etc... give me a call to discuss how I can quickly finance more business for you and get you more clients. $100k Reno Financing Funds within 72 hours No Legal Fee, No Penalties (open term) Available for all Credit Types Simple Application 12 Month terms Renewable No Appraisal Required LOW Payments Just $20k Down Payment to Start a Flip/BRRR Pre-Approve Clients prior to having a flip started Min $20k down payment if the poject is proven to be profitable flip/BRRR Profitability is the first and most important criteria: will you make money? The property is valued “as if renovated”, using your budget and description of renovations. Min of $20k down must not exceed 80% loan to the After Repaired Value (ARV). We can prequalify property before making an offer with Confirmation of Funds Available for Down Payment, Renovations and Carrying Costs. This can be by way of Bank Statements, Investment Statement, HELOC, LOCs, Credit Cards, JV Partner, etc. Terms start at 6 Months Fully Open with no prepayment penalty Rate: TBD – depends on the Down Payment. The rate may differ slightly depending on the size of the project, price of the project, the down payment, the location of the property, etc. Rate is annualized interest and as they are flips should be very short term. Another way to help reduce the interest rate and costs is to provide another property as extra security. Once the property sells or is refinanced and paid in full, these mortgages will be fully discharged from all properties.
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