Fix and Flip Financing
Financing For the Fix and Flip Business
The fix-and-flip business is in high gear in many parts of the country, particularly low-as southern states which are attracting a record influx of folks moving in. If you are in the fix-and-flip business, you know how important it is to secure fast and efficient up-front funding to keep your projects heading toward rapid completions. Here at Boston Commercial Capital, we are leaders in fix and flip financing. Let us show you our main funding options:
Loans for the Fix and Flip Business
We offer loans for fixing and flipping properties of all types. Here are the principal details:
- Loans ranging to $10 million
- Up to 85% of the cost for property acquisition
- Up to 100% of the cost for updating and re-do’s
- Loan terms up to 24 months
- Low interest rates and never any prepayment penalties
- Closing within 17 days or less
Lines of Credit for the Fix and Flip Business
Likewise, we also offer fix-and-flip loans. Here are the benefits you will enjoy:
- Credit amounts up to $5 million
- Up to 90% of the cost for building purchases
- Up to 95% of the cost for renovations
- Terms up to 2 years
- Ultra-low financing rates
- Usable forĀ up to 500 or more properties
- Fast closings within 18 days
Check-In With Boston Commercial Capital
Fix and flip projects should not be jeopardized because of the lack of funds. Contact us today to learn more about how we can assist you with the working capital that you need.