Single Family Fix & Flip Financing [Nationwide]
Private Hard Money Financing for Single Family Fix & Flips
The Most Popular Type of Private Hard Money Loans.
Glassridge specializes in providing Single Family Fix & Flip Loans to help cover:
- Up to 80% of your purchase price (or even 90% in some states & circumstances), and
- Up to 100% of your rehab & repair costs.
We’re a nationwide lender with all types of Private Hard Money Loan Programs for all types of properties & investment strategies, from short-term to long-term.
Our most popular Hard Money Loans are for Single Family Fix & Flips and similar short-term Bridge Loans.
While these rules aren’t written in stone, and we review every prospective loan on a case-by-case basis, here are some of the basic:
Hard Money Fix & Flip Loan Program Details
- Up to 80 - 90% of Purchase Price.
- Up to 100% of Rehab Costs.
- Minimum Loan: $50k.
- Maximum Loan: $1m.
- Minimum FICO Required: 500
- Typical Loan Term: 12 months, with option for extension.
- Ballpark Interest Rates: 8% - 12% (depends on many factors, can be higher or lower too).
- Ballpark Origination Fees: 2% - 5%
These generalized program details apply to SFRs as well as 2 - 4 Unit duplexes, triplexes, and quadplexes.
We also have specialized Hard Money Fix & Flip Programs to help cater to the needs of your unique scenarios, including Foreign National Hard Money Loans, ARV-based LTV Loans, and Low Doc / No Doc Loans.
If you’re wondering anything about Fix & Flip Financing, or Private Hard Money Loans in general, feel free to contact me here on BiggerPockets, or check us out at Glassridge.com.
Thanks!