Residential

Bridge

Single Family (1-4 Units)

Fix & Flip and Ground Up

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.

Solution for investmentWhen considering loans for 1-4 unit single-family residential (SFR) investment properties intended for fix and flip ventures, various financing options are available to facilitate rapid acquisition and renovation loans.

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