Fix & Flip
(877)238-3837
Fix & Flip – Nationwide
Designed for “fix-and-flip” investors who are seeking a short-term, interest-only loan to acquire and improve a property based on its “as repaired value” (ARV).
Program Highlights
- Allows borrowers to finance their improvements
- Great for borrowers who need a quick close
- Low single digit interest rates
- Streamline process with no prepayment clause
- A low interest-only 1-year term provides lower monthly payments
Property Types
- Investor 1-4: SFR, Condo, and 2-4 Units
Here are the required items to process your loan:
1. Sign RGC Capital loan proposal (LOI)
2. Driver’s license & social security card – for each borrower
3. Loan application (click here for the business purpose application)
4. Insurance quote on all properties owned
5. Current mortgage statement and insurance on all properties owned
6. If rental – lease(s)
7. If cash out, a letter of explanation
8. Renovation cost
9. Submit track record history
10. Complete entity docs if corporation or LLC
What is a Fix & Flip Loan?
Fix and flip loans are short-term, hard money rehab loans that provide financing for both the purchase and rehab of the subject property with the intent to “fix” and then “flip” the renovated property for profit. Fix and flip loans are most suitable for experienced real estate investors looking for lenders who specialize in providing fix & flip loans and who need funding quickly and without the red tape of conventional lenders.
Why Have RGC Capital as Your Fix & Flip Lender?
RGC Capital is the premier fix and flip lender for your next fix & flip project. With over 35 years of lending experience and over 3000 closed transactions, you can safely rely on us to provide the fix and flip loan you need to make your project a success. We provide fix & flip loans to developers nationwide, and we get you the funds you need quickly and seamlessly using our paperless, automated system. RGC Capital will be there to answer any questions you may have and guide you throughout the entire process of your fix and flip project.
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