Wanted To Flip A Property But No Experience Yet?

[Joyce Ann Magallanes]

Wanted to do a fix and flip but kept getting stuck on "I have no experience" or "I can't get an appraisal done in time"?

That is one of the most common reasons new investors sit on the sidelines. But there are private lending programs built specifically around this gap. Up to 90% of purchase and 100% rehab*, no appraisal needed to close, and no prior flip history required to qualify. Credit requirements land around 680 FICO, though that can shift depending on the state the property is in.

If lack of experience or appraisal timing has been the thing holding your deal back, it may be worth checking the actual guidelines before ruling yourself out. Send your scenario to see how you will qualify. 

*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. This is not a commitment to lend.