October 16, 2017

FIX AND FLIP LOANS BASED ON AFTER REPAIRED VALUE

CA_BAY_AREA_FIX_AND_FLIP_LOANS

LENDING TERMS FOR FIX AND FLIP INVESTORS IN THE BAY AREA

Fix and Flip loans for investors based on after repaired value (ARV)?  This unique loan program allows investors to secure financing based on the “After Repaired Value” of a home with very low interest only payments.  Basically we will lend up front on the future value of the property based on planned repairs are to be made.

If you secure a property for $300,000 the the ARV is $450,000 we can likely lend to you 100% of the purchase price!

This is especially useful for investors looking to purchase short sales and bank owned properties.  If you are looking for a fix and flip loan please review our niche programs and download the highlights here.

WHEN YOU ARE READY CONTACT US HERE

HIGHLIGHTS FOR AFTER REPAIRED VALUE LOANS

  1. Loan Amounts from $200,000 up to $3,000,000
  2. Loans up to 70% of the After Repaired Value
  3. Use of Funds Construction or Rehab (Usually with 3rd-party-controlled ‘holdbacks’)
  4. Term 6 months to 2 years (Longer term considered on a case-by-case basis)
  5. Eligible Property Types All types, focus on single family homes, small multi-family, office buildings, small commercial properties, mixed-use and land
  6. Location California (Specialize in the San Francisco Bay Area)
  7. Closing 2 to 3 weeks from complete package to close
  8. Rates & Fees – Contact us for your custom pricing quote.
  9. Position 1st position loans are preferred (2nds are considered on a case-by-case basis)
  10. Occupancy – Non-owner or owner for commercial property
  11. Credit – No minimum FICO

This Fix and Flip specialty loan has an Interest Only payment schedule.

LEARN MORE ABOUT OUR OTHER NICHE LOAN PROGRAMS HERE

If you would like to get pricing or apply for a fix and flip loan based on the after repaired value of your property please email us here and ask about this program.

If you have additional questions just call us.

JASON WHEELER | 925-285-2172 | NMLS: 242672

This list of required documents is meant to serve as a guideline. In no way should this list be construed as comprehensive or complete. Lender, at lender’s sole discretion may require additional documents.

Lender acknowledges, however, that the scope of the requested documents should fall within the scope of required documents necessary in making an informed underwriting decision on any bay area fix and flip loan.

About Jason Wheeler - Real Estate & Lending

Jason Wheeler has been a top producing consultant in real estate and finance since 2003. Originating, conventional, government, portfolio and hard money loans throughout California for one of the top mortgage companies in the nation. Jason works directly with homeowners and purchases homes throughout the Bay Area with the purpose of adding value to older outdated homes. IF YOU LIKE OUR CONTENT GO VIP HERE

Comments

  1. lucie mai says:

    Hi,
    We bought the house in Pleasant Hill in December 2014. We would like to do addition to add a master suite to the house and remodel the kitchen. Do you know any loan that we can be qualified to get the fun for the addition? I can be reached at 925-786-8019 or lucie0916@yahoo.com
    Thank you

  2. How do you delete your blog comment that you left on someone else blog?

  3. Fred Clamp says:

    In instance of an annuity payment scheme, the routine payment continues to be the
    very same amount throughout the lending.

  4. I don’t know whether it’s just me or if perhaps everyone else encountering problems with your site.
    It seems like some of the text in your posts are running off the screen.
    Can someone else please provide feedback and let me know if this is happening to them too?
    This may be a problem with my internet browser because I’ve had this happen previously.

    Many thanks

  5. I need a fix and flip loan. Can you help.

  6. Give me a call Sammy and I’ll go through what I’ve got available for you. You can also find me on Facebook and ask me there https://www.facebook.com/CA.Bay.Area.Lending.Expert/

  7. It seems to be working fine in my browsers.

  8. How does this apply to my post Fred?

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