Accessible Financing for Fix and Flip Projects
Whether you are a property flipper or a commercial real estate investor, you understand all too well the importance of affordable and reliable financing solutions. Among other financing products, Landline Financial Services specializes in fix and flip financing. We know that red tape and unnecessary delays can set you back thousands — if not hundreds of thousands — of dollars. We work quickly to help you identify the best type of financing for your particular needs and situation and to originate a solution designed to keep your current and future fix and flip projects on track.
Fix and Flip Loans
Fix and flip loans are our more traditional form of fix and flip financing. These loans come with numerous benefits, including the following:
- Loan amounts of up to 80% of the purchase cost of the property
- Loans that cover up to 100% of renovation costs
- Loan amounts of between $100,000 and $10 million
- Flexible terms of up to 24 months
- Competitive interest rates
- Quick closings of between 10 and 17 days
- No prepayment penalties
These loans are ideal for investors or flippers who prefer to work on one project at a time.
Fix and Flip Lines of Credit
Many investors and flippers juggle several projects at once. If you can relate, you may be interested in the benefits of a fix and flip line of credit:
- Lines of credit of up to $5 million
- Covers up to 95% of renovation costs or 90% of purchase costs
- Competitive fixed rates
- Flexible terms of up to 24 months
- Usable for up to 500 properties
- Quick closings within 18 days
Keep your current or next project on track and on budget. Look into our fix and flip financing solutions today.