Business Financing
FIX AND FLIP - BRIDGE LOANS
We provide you fast and reliable fix and flip loans for purchasing and rehab of investment properties.
We are your
fix and flip partners
Rates as low as
Loans from
9.25%
$100K to $2.5MM
12, 18 + 24 month termns
w/interest-only options
100% of
rehab cost
Up to 100%
Up to 100%
of after-repair value
of purchase price
Fix and Flip with short-term financing
Close in as few as 10 business days to compete with cash buyers
No need to drain your own funds. We offer up to 90% LTC
High
leverage
Quick
closing
Competitive rates
Maximize your returns with our competitive fix and flip/bridge loan rates
FIX AND FLIP LOANS - BRIDGE LOANS
Fast funding
Capifinder’s fix and flip loans allow you to free up your own capital by leveraging ours and close at the speed necessary to finance a deal in today’s market. And, with our in-house servicing, you'll experience a fast and easy financing process from start to finish.
Our fix and flip loans can be used to fund new purchases or restore your cash position
New purchase
Capifinders provides the funds to purchase the property plus the renovation costs and can close quickly, allowing you to compete against cash buyers
Using your own cash or home equity to purchase a property, restore your original cash position within 6 months of the property purchase
Delayed purchase refinance
Seasoned finance
Owned the investment property 6 months or longer? Our fix and flip loans can be a perfect way to provide extra runway to get you across the finish line
Basic Requirements
-
Have a legally incorporated corporation
Under which the propoerties are purchased.
-
Certified Experience
Having done this type of transactions before.
-
Have between 10 and 20%
Of the transaction amount and closing costs in Bank Statement that can be verifiable.
-
Have a clear exit strategy
I.E. What is the type of property your repair costs, and what would be the possible future sale amount?
The more you do more you get
Every investor is unique; each deal is tailored to your goals. As your business expands, enjoy improved rates and benefits. For seasoned investors with 5 exits in the last 24 months, we customize plans with lower fees, personalized points, and faster closings. Capifinders wants to help you to growth through real estate investment by being your financing partner.
FAQs
-
It is a type of financing specialized in the real estate business that consists of buying properties, repairing them and selling them in a short term period.
-
To have previous experience in this type of transactions, to have the amount for the down payment and closing costs and to have a clear exit strategy (where the whole structure of the transaction to be carried out is summarized).
-
The Fix and Flip business is a business that by its very nature is a short-term business, so terms can range from 9 to 18 months.
-
Financing is available for up to 85% of the acquisition cost of the property and up to 100% of the repair costs of the property. Closing costs are not included.
-
The Fix and Flip business is a short-term business, so in the event that a trader is unable to execute the transaction on schedule, it is advisable to proceed with a refinancing of the property.
-
These are the main advantages:
Fast financing: Traditional loans can typically take 4 to 7 months to be approved. A fix and flip financing can take 7 to 15 days
Fix and Flip lenders, being private investors, are much more flexible than traditional banks, so many people who do not qualify with traditional banks may qualify with this type of lender.
The collateral required in Fix and Flip Loans is only the property and is not reflected on your credit report, so in the worst case scenario, the lender will take the property but will not take any other personal assets or your residence.
The total capital cost is much lower than what would be paid on a traditional mortgage loan.
-
No. Fix and Flips Loan will not be reflected on the applicant's credit report.