Fix and Flip Loans in Macon

Explore the types of fix and flip loans for properties in Macon.

Lower Interest Rates

Fix and flip loan program that’s ideal for Macon real estate investors with a 700+ credit score.

  • Minimum credit score: 700
  • No appraisal
  • No prepayment penalty
  • 2-3% origination points
  • Close as fast as 10 days

Fast Closings

Close in as little as 2 days with minimal paperwork, but a slightly higher origination fee.

  • Minimum credit score: 660
  • No appraisal
  • No prepayment penalty
  • 3-4% origination points
  • Close as fast as 2 days

No Credit Check

Fix and flip financing with no credit check, fast closings and slightly higher origination fees.

  • No credit check
  • No appraisal
  • Prepayment penalty varies
  • 4-5% origination points
  • Close as fast as 2 days

Fix and Flip Loan Terms

Here are the loan terms for fix and flip loans in Macon. Qualify based on the after-repair value, not personal income.

Loan to purchase Up to 90% LTC
Rehab financing Up to 100%
After-repair value Up to 75% ARV
Loan amount Minimum $75,000
Interest rate Start at 9.25%
Credit score Minimum 680
Loan terms 6, 12, 18 and 24 months

Speak with a Fix & Flip Loan Advisor

    • Compare loan options
    • Get proof of funds today
    • See how much you qualify for
Fill out this field
Fill out this field
Fill out this field
Fill out this field

Macon Fix and Flip Loan Requirements

These are the minimum loan requirements for a fix and flip project in Macon.

Minimum Credit Score

There is no minimum credit score to get approved for a Macon fix and flip loan. However, a 700+ credit score typically comes with the lowest origination fees.

Minimum Loan Amount

The minimum loan amount is $75,000.

Business Entity Required

Since these are business loans, a legally registered business is required to get approved for fix and flip funding. You can file for a new LLC in the state of Georgia and get approved in 2-5 business days.

Flipping Experience

No previous experience is required to get a loan for flipping houses in Macon. However, it will help reduce your financing costs.

Speak with a Macon Loan Specialist

Is Macon a good place to flip homes?

Unlike major cities like Atlanta, where flipping often focuses on modernization, Macon’s appeal lies in restoring the charm and character of its older homes. Potentially offering high returns for those skilled in preservation.

Downtown revitalization projects and improvements in public infrastructure, contribute to increasing property values. Along with Athens and Atlanta, Macon is considered one of the best college towns in Georgia. Attracting students and musicians who want renovated homes.

Average home value: $157,464
Sold over list price: 18.0%
Median days to pending: 27

What are the best neighborhoods for house flipping in Macon?

  1. North Highlands
  2. Ingleside
  3. Beall’s Hill
  4. Wesleyan Woods
  5. North Macon

What’s the average time to fix and flip in Macon?

The average time to fix and flip in Macon is 161 days. Here’s the data we used to calculate that using the ATTOM home flipping activity report.

Macon: 161 days
Nationwide: 161 days

Macon days to pending: 27
Nationwide days to pending: 27

Data Updated: February 27, 2024