Choose a loan option that’s right for you.
Fix and Flip Loan Terms
No appraisal fix and flip loans for real estate investors to flip houses without relying on personal income.
| Credit score | Minimum 680 |
| Loan amount | Min $100,000 |
| Purchase financing | Up to 90% LTC |
| Rehab financing | Up to 100% |
| After-repair value | Up to 75% ARV |
| Interest rate | Start at 9% |
| Terms | 6 and 12 months |
See How Much You Qualify For
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- Close as fast as 3 days
- Secure up to 90% financing
- Get proof of funds today
Minimum Documentation for Alabama Fix and Flip Loans
To close as fast as 3 days, Capital Ton LLC specializes in low-doc and no-doc fix and flip loans in Alabama. We do not need tax returns, W-2’s or personal income.
- Driver’s License or State ID
- Articles of Organization
- LLC Operating Agreement
- EIN Letter
- Certificate of Existence
Minimum Credit Score for Fix and Flip Funding in Alabama
The minimum credit score for Alabama fix and flip loans is 680.
Business Entity Required
Since these are business purpose loans, a legally registered business is required for fix and flip funding. If you haven’t already filed, please register a new LLC in the state of Alabama.
Speak with a Fix & Flip Loan Advisor
Is flipping experience required?
No previous experience is required to get a loan for flipping houses in Alabama. However, flip experience can help you get you higher leverage and lower costs.
How fast can you close?
You can close in as little as 3 days after you submit the loan application, business entity docs, rehab budget and property photos.
Does Capital Ton LLC work with first-time investors?
Yes, first-time real estate investors can qualify for up to 90% financing for fix and flips in Alabama with no experience.
Does rehab cost financing incur interest?
Unlike our competitors, you will not be charged interest on rehab costs until you submit a rehab draw request.
Is an appraisal required for fix and flip loans?
No, Capital Ton LLC does not require an appraisal for any of the loans mentioned.
Is it hard to get a loan to flip a house in Alabama?
As long as the purchase price, rehab costs and ARV make sense, it is not hard to get pre-approved with Capital Ton LLC.
Do any of the fix and flip loans have prepayment penalties?
Capital Ton’s fix and flip loans do not have no prepayment penalties.
Cities with highest approval odds for fix and flip lending:
The best cities in Alabama to flip a home are Birmingham, Montgomery, Huntsville, Mobile and Tuscaloosa
Call (813) 303-0808 to learn more about your lending options with Capital Ton LLC.