Fix & Flip Private Hard Money Financing [Nationwide]

[James McAlister]

Attainable Access To Fix & Flip Private Hard Money Financing

Short-Term Fix & Flip Financing For All Types Of Real Estate [Nationwide].

Glassridge offers a variety of short-term Fix & Flip Financing for all types of properties, from Single Family Residences to 2 - 4 Unit Multiplexes, to 5 - 100+ Unit Apartment Building Loans.

While we also offer more long-term Buy & Hold financing, if you’re looking for a short-term (~12 month) loan to help cover:

• From 60% up to 80% of your purchase price (or even 90% in some states & circumstances), and
• Up to 100% of your rehab & repair costs.

We’re a nationwide lender with all types of Private Hard Money Loan Programs for all types of properties & investment strategies, from short-term to long-term.

Our most popular Hard Money Loans are for Single Family Fix & Flips and similar short-term Bridge Loans, but we can lend on all types of real estate Fix & Flips, even up to 100+ Unit Apartment Building Fix & Flip Loans..

While these rules aren’t written in stone, and we review every prospective loan on a case-by-case basis, here are some of the basic:

Hard Money Fix & Flip Loan Program Details

• Up to 80 - 90% of Purchase Price.
• Up to 100% of Rehab Costs.
• Minimum Loan: $50k.
• Maximum Loan: $1m.
• Minimum FICO Required: 500 - 600
• Typical Loan Term: 12 months, with option for extension.
• Ballpark Interest Rates: 8% - 12% (depends on many factors, can be higher or lower too).
• Ballpark Origination Fees: 2% - 5%

These generalized program details apply to SFRs as well as 2 - 4 Unit duplexes, triplexes, and quadplexes. They’re similar for Apartment Buildings, but those types of larger deals are considered much more on a case by case basis.

For more details, check out some of these pages on Glassridge.com, like:

1. Single Family Fix And Flip Loans
2. 2 - 4 Unit Fix & Flip Loans
3. Apartment Building Fix & Flip Loans (5+ Units)
4. Rehab & Renovation Loans
5. Residential Bridge Loans

We also have specialized Hard Money Fix & Flip Programs to help cater to the needs of your unique scenarios, including Foreign National Hard Money Loans, ARV-based LTV Loans, andLow Doc / No Doc Loans.

If you’re wondering anything about Fix & Flip Financing, or Private Hard Money Loans in general, feel free to contact me here on BiggerPockets, or reach me directly via any of the contact info in my signature.

Thanks!