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Fix & Flip

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Fix & Flip

Fix-and-flip loans are short-term loans used by real estate investors to purchase and improve a property to then sell for a profit or refinance. These improvements range from minor renovations to a complete reconstruction of an existing home.

  • Purchase Loan: Short Term 12-24 Month Loan to purchase and repair an investment property. Terms are determined by your experience, project, credit, and liquidity.
  • Purchase & Rehab: Best Loan Option for an investor or entrepreneur that has contracted to purchase an investment property that needs repairs.
  • Refinance for Rehab: Excellent opportunities to quickly access your equity and funds needed to repair your investment. This refinance loan offers (Rate & Term, Rehab, & Cash-Out options also available)

 

Short-term financing to fund your next flip. Fix and flip loans allow you to purchase a property under market value, rehab it, and then re-sell it as quickly as possible.

  • No Experience Required
  • Extensive rehab financing available (budgets > 50% of total cost)
  • Financing for upto 100% of renovation expense
  • Foreign National Eligible

Fix & Flip

  • Term
  • - 12 months standard
  • - 18 month option case-by-case
  • Rehab/Construction Financing
  • - Funding up to 100% rehab budget up to % Approved LTV of Total Costs
  • Maximum Loan-To-Cost(Ltc) Cost Is Purchase Price Amount
  • - Up to 90% LTC
  • Maximum Loan-To-Value(Ltv)
  • - Up to 70% After Repair Value (ARV) LTV
  • When Do We Use Ltv Vs Ltc?
  • - Generally, we use the lesser of LTV or LTC calculation
  • Loan Amount
  • - $50K - $5MM
  • Loan Purpose
  • - Rehab loan for non-owner occupied residential investment property
  • Borrower Type
  • - Entity required
  • Property Types
  • 1. Non-Owner Occupied:
  • 2. Attached or detached SFR
  • 3. 2-4 unit properties
  • 4. Townhomes
  • 5. Condos
  • Foreign Nationals
  • - Not allowed from ineligible country list
  • Minimum Experience
  • - NO prior experience required

Our Commitment

“Driven by a passion to see our clients succeed, we at Envision Lending go beyond the transaction. We’re committed to providing personalized, hands-on support to navigate the complexities of property lending. Because when you succeed, we succeed.”