Residential

Bridge

Single Family (1-4 Units)

Fix & Flip and Ground Up

Apply Now
Table comparing loan features for single-family and 2-4 family properties, both for investment only. Base rate starts at 10.50%. Loan amounts range from $500,000 to $3,000,000. Maximum refinance LTV is 75%. Maximum purchase LTV is 80%. Maximum LTC is 85%. Rehab financing up to 100%. Max ARV is 70%. Minimum FICO score is 620.

Multifamily (5+ Units)

Situational Bridge & Recap (no ground up construction)

Key Considerations

  • Property Assessment: Ensure a thorough property appraisal to understand the potential ARV (After Repair Value).

  • Budgeting for Renovations: Include a detailed estimate of renovation costs in your financing application.

  • Exit Strategy: Have a clear plan for selling the renovated property, including realistic timelines and pricing strategies.

  • Creditworthiness: While many fix and flip loans focus on property value, a strong credit profile can still facilitate better loan terms.

In summary, leveraging the right financing option is crucial for successfully executing a fix and flip project for 1-4 unit SFR investment properties. Each loan type has its benefits and drawbacks, making it essential to align your financing choice with your investment goals and timeline. single family renovation projects

Apply Now