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382
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15
Votes
Joyce Ann Magallanes
  • Lender
  • New York
15
Votes |
382
Posts

Why Pay 20-25% Down When 10% Gets You In?

Joyce Ann Magallanes
  • Lender
  • New York
Posted

For anyone gearing up for their next flip, this is one of the more straightforward programs I've come across. No appraisal needed and you're only bringing 10% down. No prior flipping experience required either, just a 680+ credit score.

Rate depends on the specific deal, but the appeal here is speed and lower cash needed at closing compared to what a lot of people expect going in.

Anyone working a deal right now where this timeline would help? Happy to talk through how it works.

*Rates, LTV, and program terms are subject to change and vary based on borrower credit profile, property type, and market conditions. Not all applicants or properties will qualify.

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Venture Estate Group LLC
5.0 stars
25 Reviews
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