Fix and Hold LOC - an effective tool for BRRRR investors
Learn More at www.brrrrstrategyfunding.com
Fix & Flip/Fix & Hold Line of Credit Program: Get a Free Quote Here -------> Free Quote Request - Fix & Flip Program
We have a formula to combine your sales volume in the last 5 years, FICO, liquidity, and net worth to issue you an exposure limit on a line of credit where you can get 12 months of set pricing with very high leverage and low cost compared to other HMLs. LOCs typically set to 10x your liquid assets.
- 90% of purchase + 90% rehab up to 75% ARV
- Interest from 6.75-9.5%
- Minimum of 2 flips or fix/holds completed
- Minimum 700 FICO
- Minimum $50k Liquid
- One annual credit check - NOT DEAL BY DEAL
- No limit on # of projects
- All Cash Buyers can refinance at 90% LTC to become liquid again
- 90% of Hard Costs to Build on 1-4 Unit New Construction
- Loan Amounts from $75k-$2MM
- *1-4 Unit Flips - 90% of purchase price + 90% of rehab up to 75% ARV
- *If experienced with MF* 5-20 Unit Flips - 80% of purchase price + 80% of rehab up to 70% ARV
- *1-4 Unit New Construction 90-95% of hard costs to build up to 75% ARV
- *Shovel Ready Land Acquisition: 75% LTV
- *Un permitted Land Acquisition: 60% LTV
This covers the hard money purchase but we can also assist with the Cash Out Refi process!
30 Year Rental Program - Get a Free Quote Here -----> Free Quote Request - 30 year program
Details:
- 5/1, 7/1, 10/1 and 30 year fixed options available
- Vesting in LLC OK!
- Non Owner Occupied Properties Only
- No DTI Requirement, No Tax Returns
- Loans based on FICO, experience, and DSCR
- Cash Out Refi as high as 75% LTV
Los Angeles, San Francisco, San Diego, Santa Barbara, Ojai, Ventura, Oxnard, Encinitas, Fresno, Bakersfield, Oakland, Vallejo, Sacramento, San Luis Obispo, Riverside, Orange County, Newport Beach, Inglewood, Compton, Santa Monica, Venice Beach, Dallas, Houston, San Antonio, Austin, Seattle, Spokane, Aberdeen, Federal Way, Atlanta, New Orleans, Denver, and many many more!!!
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Lender
- 818 606 8823
- http://www.investorpropertyloan.com
- [email protected]