Fix and Flip Loans

FIX AND FLIP LOANS

Fix & Flip Loans

Almost every real estate investor at some point bought a residential house on speculation, made some improvements, then sold it for more than the value they had invested in the project. As a matter of fact, that is exactly how most real estate investors got started and a few have even gone on to world-wide fame because of it! Now you can too!

Buying a non-owner occupied house to fix and flip is a completely different investment than buying a home to live in permanently. Why would you use the same financing for both? You shouldn’t, and that is why Derix Capital offers a quick and easy finance solution to get your residential flipping or rental portfolio started.

With a Fix & Flip loan, you can borrow:

  • Interest Only 12-24 months
  • As little as $50,000
  • Up to $2.5 million
  • As much as 85% LTV on the home value
  • 100% of Rehab Costs!
  • Borrow against the After Repair Value
  • Cash-Out Financing

Properties that can be financed include:

  • 1-4 Family Properties
  • Condos
  • Townhomes
  • 5+ Unit Apartments
  • Mixed-Use Properties

Long Term Rental

If you are more interested in a buy, hold, rent portfolio, we can help you there too. Derix offers short term bridge loans to acquire and rehab your properties, then convert to a 30-year fixed rate loan on non-owner occupied homes. Applying is quick and easy….Get your investment started NOW!

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