How to get Fix and Flip mortgage on a LLC ?

4 Replies

Most lenders that lend to LLCs or more specifically Real Estate investment LLCs are looking for real estate ownership experience prior to getting a loan for you in your LLC. The reason for this is that most Real Estate investment loan providers are asset based lenders and are looking at your liquidity, experience as a real estate investor and the asset you are buying/refinancing. @Michael Almeida If you own properties in your name or have done successful fix & flips in last two years you should be able to get financing from most national private money lenders made to your LLC.

Hey @Michael Almeida As stated above you are going to be paying a higher interest rate as most of these lenders are experience based. I know of a few lenders that do fix and flip loans and can even finance 100% of the renovations. 

Good Luck