Fix N Flip Loans (REHAB)
Why Get a Fix & Flip Loan with Federal National Funding
A fix and flip loan is a type of short-term loan that can be used to buy real estate, make repairs and renovations, and quickly sell it for a profit. These transactions represent opportunities where time is of the essence. We want to be your partner in finding an efficient lending solution for a successful real estate investment.
With Federal National Funding' Fix-and-Flip Loans, we can close in as little as seven days. These loans are suitable for real estate investors who wish to buy and improve properties that they can eventually sell for a profit. The short-term loan you receive should cover the costs needed to renovate the property. A successful fix and flip project occurs when the house is purchased, repaired, and sold in just six to 12 months. Depending on the market you're in, you can expect to make a profit of anywhere from $100,000 to $1M by partnering with lenders offering the current best loan terms and rates. Our hand-picked lenders will guide you in completing the flip in 90 days or less with a profit margin of close to 28%.
Federal National Funding Fix-and-Flip Loans
Our Fix and flip loans loans can be a lucrative opportunity for you to generate returns relatively quickly. For a successful fix-and-flip, you can make anywhere between $40,000 and $70,000 depending on the market you're doing business in. Another potential benefit is completing the flip in less than 90 days with a 20 percent profit margin (28 percent is reasonable to expect no matter what, though). Faster Turnaround Speed is of the utmost importance when dealing with fix and flip real estate transactions. If multiple bids are being made for the same property, you need to quickly provide the best offer. While banks can take as long as 30 days to complete this type of loan, Federal National Funding can typically get the money to you in just a few days.
We Trust You and Your Investment Most banks view “fixer uppers” as risky investments, which makes them undesirable. At we are a private money lender that recognizes the potential of your return on investment and are comfortable providing loans for these properties.
Less Paperwork A fix and flip loan requires much less paperwork, which means that you'll have fewer hoops to jump through. If you have a residential property in mind, consult our experts for competitive rates and a short timeline from application to closing.
Fast Closing Fix and flip properties close within days to enable a quicker approval process, a short closing, and better leverage to help you perform more deals each year to scale your business.