Been tracking our pipeline this week and noticed a pattern. A lot of the deals moving fastest had two things in common. No appraisal required, and the borrower had zero flipping experience.

That second part surprises people. A lot of investors assume they need a track record before a lender will even look at them. Turns out that's not always true.

A few things worth knowing about programs structured this way:
~No appraisal required*
~No prior experience required
~Financing up to 90/100*
~Minimum FICO 680, depending on state

If you've been holding off on your first flip because you thought experience was a requirement, might be worth a second look.

*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.