Fix & Flip construction loans are a type of real estate investment strategy in which a person purchases properties and renovate them to either sell or hold as a rental with regular cash flow as the value continues to appreciate. Profit is generated either through the price appreciation that occurs as a result of a hot housing market and/or from renovations and capital improvements. Fix & Flips became a popular, profitable investment quite some time ago. Please be sure to seek advice from experts before deciding if fixing & flipping houses is something you want to proceed with.
Del Mar Financial & Investments, L.L.C. tailors Fix and Flip loan programs custom made for our client. Our flexibility and common sense approach to lending will allow you to acquire more property than relying solely on traditional financing. Depending on your needs, we offer purchase money loans, as well as purchase money/renovation loans. Our loan to value is based on the current market value of the subject property when the home improvement has been completed.
- Single Family
- Condo / Townhouse
- Unwarrantable Condos
- Residential loans
- Commercial loans
- Construction loans
- Loan amounts to $3 million
- No preset limit on number of properties or loans
- Cross-collateralization or blanket loans