A residential fix & flip project involves purchasing residential properties (1-4 units) with the intent to renovate and sell them for a profit within a short time frame. These projects often require quick turnaround on both funding and renovation to capitalize on market conditions.

We understand the importance of timing in flipping projects. Typically, funding can be arranged within 7-14 days after receiving all necessary documentation and completing the approval process.

No, there are no prepayment penalties on our residential fix & flip loans. We encourage borrowers to complete their projects and repay their loans as efficiently as possible.

Interest rates can vary based on the project details and borrower's credit profile. However, we offer competitive rates tailored to the needs of residential real estate investors. Please contact us for a personalized quote.

While having previous experience in fix & flip projects is beneficial, it is not strictly necessary. We evaluate each application on a case-by-case basis, considering a range of factors including the project's feasibility and the borrower's overall financial situation.

Our commercial fix & flip loans cover a wide range of properties, including office buildings, retail spaces, warehouses, and mixed-use developments. Projects should aim for substantial improvement and value addition.

We specialize in funding large-scale renovations with loan amounts starting at $50 million and upwards, depending on the scope and scale of the project.

The loan amount is primarily based on the after-repair value (ARV) of the property, which estimates the property’s value post-renovation. We also consider the cost of renovations and the borrower's financial contribution to the project.

Loan terms can vary, but typically our commercial fix & flip loans are structured as interest-only with terms ranging from 12 to 36 months, allowing investors flexibility to complete extensive renovations and market the property.

While we do not directly manage regulatory issues or permits, our team offers guidance and can connect you with expert legal and regulatory advisors familiar with local real estate laws to help streamline your project.