Seeking Lender for Fix and Flip

[Miranda Yanez]

Hello!

We are seeking a lender that can fund projects in Missouri. We have a fix and flip that we are looking to fund. We would love to further discuss. Details are below!

Purchase Price: $45k

Rehab Budget: $70k

ARV: $165k (Low End)

Please message us, let's chat!

[Ryan Davies]

Most do as follows:

• Rates: 10% to 14% (Most Deals are 12%)
• Terms: 1 Day - 24 Months (Most Deals are 6 months)
• Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))
• Minimum Loan Amount: $50,000 
• Max Loan: 65-70% of After Repair Value(ARV)
• 100% Rehab Financing Available (Most Deals require 20% of purchase price down payment or cross-collateral)
• Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)
• NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.