Do you need a short-term loan so you can fix and flip a house? Our fix and flip loans allow you to purchase a property under market value, rehab it, and then re-sell it as quickly as possible. Typically, a 1-year term with no pre-payment penalty, it enables investors like you to maximize returns on quick flips. If you have a larger rehab project that is going to take longer than one year, do not worry we also offer 2-year fix and flip options as well.
1 YEAR
UP TO 80% LTV AND 85% LTC
NO PREPAYMENT PENALTY:
This is a great program for investors that fix and flip properties quickly.
2 YEAR
UP TO 80% LTV AND 85% LTC
THE 2 YEAR PROGRAM HAS AN 8 MONTH PREPAYMENT PENALTY
If you have a larger fix and flip project that you know will take longer than 1 year, Lion Finances also has you covered. Avoid the stress of securing a refinance in the middle of your project, use our 2-year fix and flip loan. We offer acquisition and renovation costs on 2-year fix and flip loans just as we do on our 1-year loans.
Lion Finances both acquisition AND renovation costs. The more real estate investment experience you have, the less out of pocket costs there will be. Simply bring your down payment to closing, use your funds to complete the first state of renovation, and as the project progresses Lion Finances will reimburse you for the work completed. It’s that easy.