Fix/Flip Lines of Credit (up to $5M) for Active Flipppers...5+

[Simmy Ahluwalia]

At SIMS Capital,  one of our core lenders is now offering Fix/Flip Lines-Of-Credit for Active investors who can demonstrate at least 5+ Flips in the last 24 months.....terms are below:

Be at LEAST $50k liquid

Per Transaction within the LOC:

600+ credit

No PPP (minimum 3 months of interest)

75% of ARV

3 points origination

9 month term

Minimum loan amount (purchase plus rehab) - $50k

Up to 95% of rehab

Up to 90% of purchase

7 to 9.5% I/O

Contact:  [email protected]

404 939 0373