No Appraisal, No Experience Required For This Fix & Flip Program

[Joyce Ann Magallanes]

Two things tend to slow down first time flippers most: waiting on an appraisal, and lenders wanting to see a completed deal before they'll fund the next one.

Some fix and flip programs skip both requirements entirely. No appraisal needed, and no prior flipping experience required, with financing up to 90% of purchase and 100% of rehab*. FICO minimums start around 680, though this can vary by state.

What tends to matter more than experience is a clean scope of work and a realistic rehab budget.

Interested? Send your scenario here.