Single Family Fix & Flip Financing [Nationwide]

[James McAlister]

Private Hard Money Financing for Single Family Fix & Flips

The Most Popular Type of Private Hard Money Loans.

Glassridge specializes in providing Single Family Fix & Flip Loans to help cover:

• 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.

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
• 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.

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, and Low 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 check us out at Glassridge.com.

Thanks!