Pay later renovation

[David Girdusky]

I saw an article about a company that claims to be a high end then key renovation company that doesn’t charge interest, fees, or payments until after you’ve sold your flip. They claim that they only ask that you’re actively working with an Agent and that you sell within one year (give or take).

Think this is legit? If so, they would get a good amount of business but they would have a mountain of capital hanging out there waiting for repayment at all times. To not charge anything except their cost seems unreal to me..

Perhaps I find a fixer upper.. buy it with my equity from my home and their improvements, and then sell for a nice profit?

Thoughts? NYC here.