FIX AND FLIP LOANS

INSOURCE FUNDING
FIX AND FLIP LOANS
Fix and Flip Financing
Answers to Commonly Asked Questions

Insource Funding offers financing for up to 80% of the purchase price and upto 100% of the renovation costs not to exceed 75% of the after repair value. Prior real estate investing experience is preferred but this program is available to first-time investors.

 

Fast Financing For Real Estate Investors:

Fix-and-flip loans can provide the cash you need to grow your real estate portfolio.

 

Benefits include:

  • Get the cash you need for  rehab projects
    – loans from $150K* to $4 million.

  • Interest rates based on recent investment experience & credit

  • flexible loan options to meet your needs .

  • Interest only payments

 

Advantages of Fix and Flip Loans:

  • No interest charged on unused rehab funds**

  • Up to 80% of Purchase & 100% of the Rehab Costs.

  • Fix-and-flip financing up to 12 months.

  • No hurdles- a very user-friendly and
    streamlined process.

  • No pre-payment penalty.

* Loans as low as $150k 

** Terms and conditions can change without notice.

The following property types are eligible for our fix and flip loans:

 

  • Single Family Residence (SFR).

  • 1-4 Unit Properties.

  • Condominiums.

  • Townhouses.

  • Mixed-use properties.

  • Up to 80% of Purchase.

  • Rates: 7.49% - 10.0% * 

  • Loan amounts start at $150,000 to $4MM.

  •  Up to 100% of rehab financing. 

  • If your project is mid-construction we can also provide construction completion funds.

 

Documents needed to proceed for Fix and Flip Loans: 
  • Sales Contract.

  • Construction Budget.

  • Two months of bank statements.

  • A list of properties you currently own

    • (REO Schedule) if an experienced investor.

  • LLC Operating Agreement or Articles of Corporations.

  • White Facebook Icon
  • White Twitter Icon

Insource Funding 433 Plaza Real, Ste 275  Boca Raton, Fl 33432

PH: 800-805-3391 | FX: 561-270-6895

Insource Funding, located in Boca Raton, Florida, is a hard money lender providing fast and flexible financing for Non-owner occupied investment properties nationwide with the exception of Tennessee and Ohio.  (Insource Funding. 433 Plaza Real, Ste. 275 Boca Raton, Fl 33432) makes and acquires business purpose loans only, and does not originate or acquire owner-occupied residential mortgage loans. Information, rates, and pricing are subject to change without prior notice. All loans are subject to borrowers and underlying collateral meeting Insource Funding's current underwriting criteria. restrictions apply.

 

© 2018 by Insource Funding | Legal and Closing Charles E. Geary ESQ. NMLS #378232.