Fix and Flip Funding
Fix and Flip Loans done Right! Offering 90% LTV w/rates from 9.99%
Flipping Homes has become very popular and has had record years with returns on your investment. With the housing inventory tight and inventory low you need a funder that can provide fast funding and a streamlined process. Abel Commercial Funding can do just that.
Our fix and flip loans give investors money they need for everything from acquisitions, to renovating single and multifamily rental properties. Our terms, rates, and fast closing offer a beneficial alternative to traditional lending channels. We provide great loan packages for flippers that comes with the speed necessary to be competitive in this market to succeed. Our high leverage fix and flip loans provide you the opportunity to purchase multiple properties instead of just that one.
There is a reason that we work with repeat borrowers. Tons of references upon request!
For a quote, please provide :Â Address, Price, rehab dollars and ARV, credit score and experience( how many flips in last 36 months or current rentals owned)
Program Highlights:
- $65,000 Minimum
- Rates from 9.99%-12%
- Points from 1.75-3.25
- Terms: 12, 18, 24 months
- 600 FICO Minimum
- Finance up to 90% of the Purchase Price (requires and combination of 3+ flips over past 36 months or rental properties currently owned)
- 1st time flippers receive funding up to 90% of purchase and 100% of the rehab
- Rehab Budgets funded at 100%/ No interest until drawn!
- Interest-Only Payments/ No Prepayment Penalties
Rates/fees subject to change with proven flip experience)
- 1-4 Family Properties / Condos OK!
Ask about our Rehab Loans for Commercial and Multi Family Properties!!!!
30/Yr rental loans available ! Great for the BRRRR specialist!