Home Equity Line of Credit (HELOC): If you own other properties, you can tap into your home equity to fund your fix and flip, providing you with lower interest rates.5.

Investment Info:Single-family residence fix & flip investment.

There is no way to seize as bitcoin but I could see they would just force conversions to fix that.

If they can’t fix it, or parts aren’t available, they give you your money back.

fix and flips are the vast majority of the targets for private lenders.

We missed that the property had been in a prior tax sale and subsequently the redemption period ended, and even though we tried to fix it, it was too late and we lost the asset.

In contrast, private lenders focus more on the value of the asset, offering faster, more flexible loans for projects like fix-and-flips or rentals, which can be crucial in time-sensitive deals.It really boils down to your priorities and preferences.

This property can NOT be financed by FHA or a traditional conventional 30-year fixed-rate loan.

What is a storm rips through and trashes the roof, BUT the condo project does not have enough insurance coverage to fix it, the value of the all the units in the project just went down. or, even if they are able to fix it but  the coverage premium doubles so the HOA has to double the monthly HOA dues but half the complex can not afford it? 

Now that you have the property purchased in the way you did, what are you looking to fix with an LLC that owns the property?