Fix and Flip Loans For Different Project Needs
Short Term Funding Requirements at Competitive Rates
Short term loans for purchasing your next nonresidential real estate investment in order to complete the rehab and flip it for profit.
Attractive coverage of renovation and repairs costs incurred when fixing and flipping a property.
For real estate investors who already own a property and plan to use the loan funds to either renovate an existing residence or build new construction.
Fix and Flip Loan Offering Terms
With expertise in hard money lending and specialization in fix and flip loans, 14th Street Capital meets your funding requirements quickly, dependably and with flexibility.
Single-family, condominiums, town homes and multifamily properties.
Greater than and equal to $100,000.
Term of Loan
3 – 24 months.
Starting at 7.49%
We have options for borrowers with no experience and for borrowers that are professionals.
Maximum loan to value (LTV)
Maximum loan to cost (LTC)
Minimum 15% of the purchase price.
Time to Close
5 – 10 days.
Why Choose 14th Street Capital?
Here’s why real estate professionals choose 14th Street Capital for their Fix and Flip Loan requirements.
Advantages of Choosing a Fix and Flip Loan
01. Lack of Bureaucratic Red Tape
Unlike traditional mortgage financing, the fix and flip hard money loans from private lenders are not limited by rigid guidelines. Parameters such as debt-to-income ratios or credit scores do not form a basis of loan rejection. If the purchase and repair cost vs the resale value of the property makes sense and the investor is reliable, the loan will go through.
03. Flexible Loan Options
Flexible underwriting criteria allows fix and flip investors to secure funding not available to them through other institutions.
02. Faster Processing Times
Any delay in securing funding could mean missing out on an incredible investment opportunity. Fix and flip loans have much shorter loan processing timelines where approval takes place in the matter of days rather than weeks or months.