Fix and Flip Residential Financing
Financing for Fix and Flipper Business People
Out firm, Right Commercial Lending, LLC is in business to help your business with financing needs. We are leaders in fix-and-flip financing. And with today’s low interest rates, this market is hot.
We know you want to get after it and not get tied up with financing delays or other hassels. Therefore, our promise is to make your application and approval process as streamlined and painless as possible.
We can provide loans for the fix and flip business person. Our loans have the following features:
- Credit up to $10 million
- Up to 85% of the cost for property purchase; up to 100% for renovations
- Two-year terms with competitively low-interest rates
- Expedited closing, generally within 10 to 17 days
- Never any prepayment penalties
Fix-and-Flip Lines of Credit
We also provide lines of credit for those involved with fix and flip activities. Here are some of the details:
- Credit up to $5 million
- Up to 90% of the cost for property purchase; 100% for renovations
- Two-year terms with low fixed rates
- Usable for up to and over 500 properties
- Superfast closing, usually within 18 days or less
Long Term Rental Loans 1-4 units – based on asset no credit
We can provide non-owner occupied 1-4 Family Real Estate; Condos and Townhomes
- Loans from $50,000 and up
- 30-year terms with competitively low-interest rates
- Purchase: The Lesser of Up to 80% of the As-Is Value or Up to 80% Loan-to-Cost
- Refinance: Up to 80% of the As-Is Value
- Cash-Out: Up to 75% of the As-Is Value
Bridge Loans & Hard Money Loans
Sometimes in business, you find yourself in between transactions and need some working capital until some of the transactions are resolved. Right Commercial Lending is able to provide bridge loans and hard money loans to help your business succeed when you are between transactions. If you are a small, medium or large business in need of some hard money, we may be able to help.
We Are Available to Take Your Call
Contact us today. Whether you need answers to your questions or are ready to apply for fix-and-flip financing, our knowledgeable staff awaits your call.