Do you work with new investors?
Yes, first-time investors can qualify for up to 85% financing.
What are the requirements for a 90% LTC fix and flip loan?
Investors with at least 5 completed flips in the last 3 years qualify for up to 90% LTC.
Is there a minimum loan amount?
The minimum loan amount is $100,000.
Is there a minimum credit score?
The minimum credit score is 680+
How fast can you close?
If title work is completed, you can close in as fast as 3 days, otherwise 5-7 days.
Is it hard to get a loan to flip a house in South Carolina?
No, as long as your purchase price and rehab costs do not exceed 70% ARV.
Is there a prepayment penalty?
There are no prepayment penalties.
Can I extend my bridge loan?
Yes, you can extend or potentially refinance with another bridge loan.