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Updated over 5 years ago on .

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Alex Bekeza
  • Lender
  • Los Angeles, CA
1,288
Votes |
2,310
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Fix & Flip LOC - 90% LTC up to 75% ARV 6.75%-9% int.- 2 pts

Alex Bekeza
  • Lender
  • Los Angeles, CA
Posted

Learn More at www.fixandfliplineofcredit.com

Fix & Flip 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%
  • Minimum of 2 investment properties purchased in the last 5 years
  • Minimum 700 FICO
  • Minimum $50k Liquid Cash
  • 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 $100k-$2MM

1-4 Unit Flips - 90% of purchase price + 90% of rehab up to 75% ARV

5-20 Unit/Mixed Use 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

  • We fund deals in Los Angeles, Orange County, San Francisco, Santa Barbara, San Diego, Santa Monica, San Bernardino, Bakersfield, Sacramento, San Jose, Fresno, Riverside, Malibu, Ventura, Camarillo, Oxnard, Greeley, Boulder, Denver, Colorado Springs, Pueblo, Houston, San Antonio, Dallas, Fort Worth, Austin, Poipu, Maui, Honolulu, Spokane, Seattle, Federal Way, Aberdeen, Tacoma, Huntsville, Boston, Charleston, Myrtle Beach, Atlanta, Cincinnati, Cleveland, Columbus, and many more!
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