FixnFlipLoans.com
Home
The Freestyle 100/100
The Lo-Doc 90/100
The Quick 80/100
Equity Builder 75/100
FixnFlipLoans.com
Home
The Freestyle 100/100
The Lo-Doc 90/100
The Quick 80/100
Equity Builder 75/100
More
  • Home
  • The Freestyle 100/100
  • The Lo-Doc 90/100
  • The Quick 80/100
  • Equity Builder 75/100
  • Sign In
  • Create Account

  • Bookings
  • My Account
  • Signed in as:

  • filler@godaddy.com


  • Bookings
  • My Account
  • Sign out

Signed in as:

filler@godaddy.com

  • Home
  • The Freestyle 100/100
  • The Lo-Doc 90/100
  • The Quick 80/100
  • Equity Builder 75/100

Account


  • Bookings
  • My Account
  • Sign out


  • Sign In
  • Bookings
  • My Account

FreeStyle 100/100

Additional Information

 WHAT DOES 100% FINANCING MEAN?


A hard money is short-term real estate investment financing, but what exactly is a 100% hard money financed loan?

This can be a little trickier because every hard money lender has their own definition.

There are three different categories of costs for a fix and flipper completing a deal:

  • Purchase Price
  • Repair Costs
  • Loan/Closing Costs

For most hard money lenders, 100% financing means they lend up to 75% to 90% of the purchase price of the property. Then they’ll lend perhaps 100% of the repair costs, and then the borrower also brings the loan/closing costs to the table as well.


Here is what WE do.


 WE focus on the property and the opportunity... Not on you the borrower.  WE lend 100% of the Purchase Price and 100% of the rehab!


No matter who you are, no matter your past (with very few exceptions), and no matter how much money you have or make, you can go out and find a great deal that we’ll finance 100% of the cost. 

 

We are willing to lend up to 75% of a property’s after repair value (ARV)—so if you can fit all your costs under that 75% number, then you’ve got a great shot at 100%  financing. (100% of all fees and closing cost will be rolled into the loan)  


Here’s how that looks:

Let’s say that you find a property that you believe will sell for $350k once you’ve fixed it up and sold it.


                         $350,000 x 75% = $262,500 (Our max Loan Amount)


So, in this example, the repairs are about $50,000 and the closing cost and fees are $20,000.  Your target Purchase price should be no more than: $192,500 

Learn More

More Program Details:

Once you are approved for the program, there is a $3,595 One-Time Application Fee.

100% of all Points fees and closing cost will be rolled into the loan   

Max Loan amount $350,000 for any one deal.  Only out-of-pocket fee is for appraisal. 

Six month term with extensions. 

Clean credit:  No BKs or Foreclosures. 

Apply Now

Copyright © 2024 Fix n' Flip Loans - All Rights Reserved.

Powered by SNC DEVELOPMENTS, LLC

  • The Freestyle 100/100
  • The Lo-Doc 90/100
  • Equity Builder 75/100

This website uses cookies.

We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.

Accept