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Updated over 7 years ago,

User Stats

121
Posts
16
Votes
Lathea Morris
  • Lender
  • Montclair, NJ
16
Votes |
121
Posts

Fix/Flippers: No Interest Charge on Rehab Portion of Financing

Lathea Morris
  • Lender
  • Montclair, NJ
Posted

Are you an experienced fix/flipper?

Do you purchase properties in Arizona, California, Washington, Colorado, Texas, Florida, Tennessee, Maryland, Virginia, North Carolina and Washington, DC.?

If you answered yes to both of these questions, we're offer fix/flip financing starting @ 8%.

Additionally, you'll only pay interest on acquisition costs - no interest paid on the rehab portion of the financing!

More loan features include:

1. SFRs and up to 4 units

2. Loan amounts: $50K - $3M

3. Will lend up to 80% of purchase and rehab costs and up to a 70% ARV.

4. Term: 12 months & No PPP

5. Seconds are allowed

6. Points: 2.50 - 4

7. Middle credit score of 620+

8. Closing in 7-10 days.

Send us your fix/flip loan scenario:

Or, call Lathea Morris @ 973.509.1903 Ext. 1#

Offering

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