Fix and Flip Financing
Use Fix and Flip Financing to Acquire and Renovate Properties
Property investors have to move quickly if they want to snatch up a great deal. Unfortunately, mortgages can take over a month to process, which means they’re not an ideal financing option. That’s why IM Capital Solutions offers fix and flip financing, a type of funding specifically designed for property investors.
Choose a Line of Credit for Flexibility
Flipping properties requires a lot of flexibility since you need to pay for purchasing real estate, materials for renovations, and contractor labor. To offer the ultimate flexibility, IM Capital Solutions provides fix and flip lines of credit. In addition to flexibility, line of credit borrowers gain the following:
- Closing in as little as 18 days
- Amounts between $100,000 and $5 million
- As much as 90% of purchasing costs and 95% of renovating costs covered
Benefit From a Fix and Flip Loan
Do you prefer a lump-sum loan? We can provide this financing, which offers the following benefits:
- Closing in as little as 10 days
- Amounts between $60,000 and $10 million
- As much as 85% of purchasing costs and 100% of renovating costs covered
Get Funding Without Pursuing a Traditional Loan
Traditional mortgages can last up to 30 years, but property investors need short-term lending. When you choose fix and flip financing, you get terms up to 24 months. Additionally, you can count on low interest rates and no prepayment penalties.
Talk to a Financial Professional
IM Capital Solutions‘s financial experts are eager to help you apply. To schedule a consultation, call us today.