FIX & FLIPS
Now offering Snap Draws DIY
for easier and faster project reimbursements!
Purchase, renovate, and rent/sell non-owner occupied homes with 1-4 units
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12 month term, up to 18 months at lender discretion
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Extensive rehab allowed
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Full Recourse
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Foreign Nationals eligible
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Loans from $50K - $3.5MM
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Funding up to:
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90% of purchase price
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100% rehab costs
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75% ARLTV
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Eligible Property Types: Non-owner occupied 1-4 unit residential, townhomes & condos
GROUND UP CONSTRUCTION
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75% of the lower of land value or purchase price, 60% if unpermitted
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85% LTFC if no financed interest reserves (IR), up to 90% LTFC if financed IR
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Up to 70% ARLTV
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100% of construction
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Loans from $50K to $3.5MM
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Underwritten on property cash flow
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Option to finance interest reserves
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12 month term, up to 24 months at lender discretion
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Full Recourse