Financing a fix and flip

[James Russo]

What is the best way to obtain funding for a fix and flip aside from cash!

[Zuka Castillo]

Hello I could help you with a fix’n flip loan.

To apply is easy, you just need to have a minimum credit score of 620 if higher better, you need to have at least 25% to buy, you need to have a company and if you don’t have experience for your first deal you would need to do the renovations with a general contractor.

Our terms are 80% LTC or 70% ARV, the rates are 10.75%, no prepayment penalty, 12 months, our origination is 1.5% + underwriting fee of $1500 and legal fee of $1250 plus appraisal and title fees.

Please let me know if you need terms for an specific deal, I’m happy to help!

Best,

Zuka Castillo