FIX AND FLIP LOANS

INSOURCE FUNDING
FIX AND FLIP LOANS

Insource Funding offers financing for up to 80% of the purchase price + up to 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.

 

Why do investors love this program? 

  • Close fast to compete with cash buyers

  • loans from $150K* to $4 million.

  • 12- 24 month terms

  • Purchase and refinance up to 80% of as-is value

  • Rates based on the previous 12-24 months investment experience.

  • Interest only payments

  • No interest charged on unused rehab funds**

 

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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.

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

Documents needed: 

  • Sales Contract.

  • Construction Budget.

  • Two months of bank statements.

  • A list of properties you currently own, 

    • ( REO Schedule) 

  • LLC Operating Agreement or Articles of Corporations.

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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.