Which Type of Fix and Flip Financing Is Best for Your Project Needs?

At Big Mountain Capital, we’re famous for offering flexible financing that adapts to your needs. In addition to providing many different kinds of real estate financing, we also deliver many different options within each category. That way you can get a loan that covers the things you want while saving you money. When it comes to fix and flip financing, two main options are loans and lines of credit. Which one fits your project best?

The Advantages of Loans

Fix and flip loans are the financing of choice for large, single projects. Here are some of the advantages of this option:

• Huge loan amounts
• Low interest
• Good LTV ratio
• Long repayment terms
• Accelerated closing
• No penalties for prepayment

We can provide financing for both the property purchase and the cost of renovations. The loan can cover most or all of rehab costs. The large size of these loans makes it much easier to purchase, transform and resell incredible homes.

The Convenience of Lines of Credit to scale your fix and flip business

Lines of credit offer greater flexibility for one or more remodeling projects. 

we offer an uncollateralized $2.5MM line of credit to real estate investors for purchase & rehab of 1-4 unit properties?

• No experience needed!
• Minimum $35K liquidity
• Minimum 680 mid-FICO
• Can use for 1-4 unit new construction (must have at least 1 deal experience)

What to prepare for a consultation:

• estimated loan amount, separating to home price and rehab cost
• FICO score
• past experience
• Liquidity available

Learn more by contacting our professionals right away.