All Forum Posts by: Tom Mclelland

Also, make sure to not get caught in up front payments for the 0% cards. There are solutions with 0% that require no upfront fees. The requirements are pretty straight forward:

680 FICO and above

You must have an LLC or corp entity

No sales are required.

These cards work for start ups

As far as the amount you can get. It's typically like this:

If you already have a card with $5000 line of credit. We can get you 5x of whatever your current limits are. So if you have a $5k credit card, we can get you $25k. If you have $10k in card limits, we can get you $50k etc. Up to $250k.

Here's a link with more details: http://24hourapprovals.com/

What's critical is to pay off the debt within the intro time periods. The 0% typically lasts 6 months to 9 months. Then jumps to 9 to 12%.

Let me know if you need any more details.

There are multiple 0% card solutions that are perfect for flipping homes. The requirements are pretty straight forward:

FICO of 680 or higher

You typically need an LLC but no sales are required

No collateral required

We have solutions that allow 9 months at 0% then they move to approx 9%. But you can re up for 0% solutions.

Minimum credit lines are $25k and go up to $250k

The link on the image in this post is wrong... my bad. Here is the link: http://www.flipfunding.us/fast_funding/

Flipping houses is much easier if you have cash lines of credit to work with. 

We help Flippers get 0% cash lines of credit to flip properties.

Visit www.flipfunding.us/fast_funding to see how we can get you cash lines of credit from $50,000 to $250,000.

No points. No interest. No Delays.

Use cash lines of credit for down payments, repairs, fees, inspections... whatever it takes to close the deal.

Our funding specialists will also walk you through the process of transferring the line of credit from your personal credit to business credit.

Fill out the quick 5 question form and speak to a flip funding specialist today.

Thanks

Tom

Hey Kevin,

It's true. It works best for someone who has a 700 FICO or better. However, we have other programs  for folks with lower credit scores. But those are not at 0%. We do have programs to help you improve your credit via Attorney assisted restoration. We don't do this work, but we can refer you to solid reputable companies

t

Hi Jay,

The process is more involved that you imply. Our goal is to get clients the funding they need and then to help them evolve their lines of credit from their personal credit to a separate business line of credit.

We are in this for the long term. 5000 satisfied customers. True, we start you with personal lines of credit, but over time, those credit lines will be moved to business lines of credit.

Plus, we do hold your hand through the process of rolling your lines of credit so you can keep the 0% lines of credit indefinitely.

Talk to a specialits at www.flipfunding.us/fast_funding

Thanks

Tom

If you have some great questions about how to get 0% Cash lines of credit to flip properties...

Here's exactly how it works.

Step 1: Fill out a request on 

Step 2: Speak to one of our Flip Funding Specialists.

Step 3: Our funding specialist will have you check your credit or we can pull your credit.

Step 4: If your FICO is approx 700 or higher, your rep can move forward with setting up the cash lines of credit. If your credit is below 700, there are two options:

A) Work with a credit repair specialist. (We can refer you if you'd like)

B) Get a partner or spouse with good credit to co-sign with you.

Step 5: The funding specialist will generate a contract stating how much you qualify for and will review the details of the funding. Details include: funding amount, set up fee and 0% interest rate. (The set up fee ranges from $3,000 to $4,000. Our smart investors typically pay that fee from the funding they receive. Talk to your funding specialist for details.)

Step 6: The specialist will send you the agreement to be notarized.

Step 7: Once the agreement is received back, the funding specialist will finalize the lines of credit.

Step 8: Go close your next property with the ability to make cash offers, cover renovation costs. Use the line of credit for whatever it takes to close your next deal.

Typical Timeline: The process takes approximately 2 to 3 weeks.

Variables: The variables in the mix include credit score, DTI and funding amount needed.

Details of the funding: Funding comes in multiple lines of credit that can be used directly or cashed out up to 90%. Basically, we start with your personal credit, but then work with you to evolve the credit from your personal score to a business score. This relieves the risk on your personal credit. It also allows your funding specialist to expand your lines of credit. The first lines of credit are for 1 year at 0%. Your specialist will work with you to roll these credit lines over, so you can keep the 0% rate indefinitely. 

• No collateral
• No interest for the first year
• No fees or penalty for extended payback period
• No hidden costs or fees - full underwriting not required
• Yes to first time flippers
• Quick access to cash
• 0% APR

Who is Flip Funding? Flip Funding is a marketing agency that promotes low interest business and real estate funding. Flip Funding is compensated for generating leads for this unique funding process. Flip Funding is not the lender, nor a broker. The team at Flip Funding works hard at providing quality funding solutions for Real Estate and Business Funding.

Cautions: Be aware that you are responsible for the credit we help you establish. While the interest rate is incredibly low at 0%, you are responsible for the debts you incur. Do not overburden your personal financial situation with credit you are not ready to monetize.

Disclaimers: Results may vary. Not all applicants are approved. Approval of funding is based on many factors including but not limited to: credit score, business type, market factors and more.

Guarantee: Speak to your Funding Specialist about our $50,000 Guarantee. Basically, this means that if you qualify and we don't get you at least $50,000 in cash lines of credit, we do not charge a set up fee. But you still get the funding. 

First Come, First Served: We put action-oriented real estate investors at the front of the line. As you can imagine, this type of financing creates a lot of interest. In order to expedite your funding,  and then call your Flip Funding Specialist to see how much you qualify for today.

Contact Info: If you'd like to speak to a Funding Specialist directly,
please call (800) 918-6445

Hi Jay,

I appreciate your concern. Not quite sure where you got the MLM reference. We certainly are not. We've been doing this since 2008 with 5,000 satisfied customers.

You haven't quite dug up all the facts. And have made some pretty quick assumptions. You'll see how our process involves getting you credit and then eventually rolling that credit into a business line. It is so much more than "getting introductory credit cards"

If you're going to write an integrity based review, I think you should hop on the phone and discuss our system in detail so you can share all the facts. Seems fair to me. Let me know when you'd like to chat.

Alberto,

Good Point. As part of our system we also help investors establish credit for their business entity, so that their personal credit is not maxed out. If you want exact details on how we do that, visit http://www.flipfunding.us/fast_funding

Fill out the form and when you speak to the specialist, ask him to walk you through this process in detail before you commit to anything. We want to make sure you are confident and clear about the process. 

Or if you'd like, give us a call Monday morning at (800) 918-6445. And we'll answer any questions you have.

Thanks for the thoughtful question.