🏡 Fix and Flip Program Highlights! 🚀

[Quinton Brown]

Looking to finance your next real estate project? Check out these amazing loan opportunities!

Single-Family (1-4 Units) Program: 🏘️

• Property Types: Non-owner occupied 1-4 family real estate, condos, and townhomes

  Loan Term: 12-18 months

• Loan Amount: Starting at $50,000

• Minimum Property Value: $100,000

• Credit Score: Minimum 650

Leverage based on your experience! 💰

• No Flips Completed (in last 3 years): Up to 85% of Purchase + 100% of Renovation Costs, Up to 70% of the ARV

  1-2 Flips Completed (in last 3 years): Up to 90% of Purchase + 100% of Renovation Costs, Up to 75% of the ARV

• 3+ Flips Completed (in last 3 years): Up to 95% of Purchase + 100% of Renovation Costs , Up to 75% of the ARV

Rehab Definitions:

• Light Rehab: A renovation budget which is 2.5%-50% of the Initial Value, and does not qualify as Moderate Rehab or Heavy Rehab

• Moderate Rehab: A renovation budget which is 50.01%-100% of the Initial Value, and does not qualify as Heavy Rehab

• Heavy Rehab: A renovation budget that exceeds 100% of the initial value OR a project that involves more than a 20% expansion of the initial sq ft or at least 750 sq ft OR a project that involves a change in use

Multi-Family (5+ Units) Program: 🏢

• Collateral: Multi-Family Apartment Buildings (5+ Units)

• Loan Term: 12-18 Months

• Loan Amount: Starting at $250,000

• Minimum Property Value: $375,000

• Credit Score: 650 Minimum

  
  
  QUINTON RUSHI BROWN

• MORTGAGE INVESTMENT CONSULTANT
  206-249-7123

• [email protected]

• NMLS # 2526986 | NEXA Mortgage LLC NMLS#1660690