Why Your 11th Flip Gets Funded Differently Than Your 1st

[Joyce Ann Magallanes]

Something a lot of newer investors don't realize: your financing options change once you have a track record.

First deal, most private lenders want to see skin in the game, usually 10 to 20% down. Makes sense, you're unproven.

But once you've closed 10 or more flips, the math shifts. Lenders start looking at your track record instead of just the deal. That's when 100% purchase plus 100% rehab financing starts showing up as an option, versus the 90/100 structure most newer investors see.

The tradeoff is an appraisal gets required at that tier, and credit requirements tend to sit higher too, generally 720+. See how you'll 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.