Fix and Flip Line of Credit

[Doug Braxton]

Fix and Flip Line of Credit for new, novice and professional rehabbers.

Key Points

• Minimum 620 Mid-FICO
• No Broker Origination Fee
• Close within 10 days of an executed contract
• No experience required
• Proof of funds available

 

Terms

• Line Amount: $500,000 - $10 million+ 
• Loan Amount: $50,000 - $2.5 million per property
• Purchase LTC: up to 90% financed
• Rehab Budget: up to 100% financed
• ARV: up to 75%
• Interest: from 6.75%
• Rate: Fixed
• Line Term: up to 18 months
• Loan Term: 12 months (per property)
• Amort: Interest Only
• No Prepayment Penalty
• No Escrows Required

Contact me to discuss further or visit www.1-4investor.com for additional information.

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Doug Braxton
Commercial Mortgage Broker
Braxton and Company
P: [phone]
www.braxtonandcompany.com | www.1-4investor.com