Lender · Bolton, CT · Member since 2017 · 253 posts · 88 votes
Fix and Flip funding up to 90/100
Purchase and Rehab (12 months) Guidelines & Pricing:
Loan Amount: $75k-$3M
LTV of Purchase price: up to 85% for new investors 650 FICO MIN or 90% LTV for experienced investors (3+ properties held or purchased within 36 months 680 FICO MIN)
LTC of Rehab amount: 100%
Max Loan to ARV: up to 75%
Minimum As-Is Appraised Value: $100k
Collateral: Non-owner Occupied 1-4 Family Residential Properties; Warrantable Condos; Townhomes; Planned Unit Developments (PUDs)