Fix/Flip Lines of Credit (up to $5M) for Active Flipppers...3+

[Simmy Ahluwalia]

At SIMS Capital, one of our core lenders is now offering Fix/Flip Lines-Of-Credit for Active investors who can demonstrate at least 3+ Flips in the last 24 months.....terms are below:

Contact: [email protected]

Be at least $30k liquid (cash, stocks, bonds, equity, etc...)

7.5 to 9.5% I/O

Up to 90% of purchase

Up to 95% of rehab

Minimum loan amount (purchase plus rehab) - $50k

9 month term

3 points origination

75% of ARV

No PPP (minimum 3 months of interest)

600+ credit