Fix-and-flip financing options are available for both seasoned investors and those just starting out. These loans are designed specifically for real estate investors who plan to renovate and resell properties for a profit. They offer short-term financing with flexible terms, allowing investors to acquire and renovate properties quickly, bypassing the lengthy approval processes of traditional mortgages.
These loans can cover up to 90% of the purchase price of the property and 100% of the renovation costs. This means investors can complete their projects without needing additional funding sources.
The updated loan products cater to a wider range of investors, including those new to the lending platform.
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