Fix and Flip Financing
Funding for Your Fix and Flip Projects
In some parts of the country, many properties are selling like hotcakes. It’s a good time to be in the fix and flip business. Property flipping entails buying property, making repairs and renovations, then selling the updated property for a handsome profit.
In order to get your projects completed on time, you may need fix and flip financing. Here at Magenta Commercial Capital, we are experts in providing funds for fix and flip business people. We offer both loans and lines of credit.
Fix and Flip Loans
Our loans come with the following benefits:
- Amounts ranging up to $10 million
- Terms up to two years
- Up to 85% of the cost for property purchases; up to 100% for renovations
- Competitive low rates
- Never any prepayment penalties
- Speedy closing within 17 days
Fix and Flip Credit Lines
Likewise, our lines of credit are equally impressive:
- Credit lines ranging up to $5 million
- Up to 90% of the cost for property purchases; up to 95% for renovations
- Low rates with terms up to 24 months
- Low fixed rates
- Usable for multiple properties
- Funding within 18 days or less
Give Us a Call Today
Connect with Magenta Commercial Capital to get the funding needed to keep your fix and flip projects moving toward timely and profitable completion.