Fix and Flip Financing
Get the Financing You Need for Your Fix-and-Flip Projects
Here at Oaks Commercial Capital LLC, we frequently offer financing to people who are involved in fix and flip projects. Fix and flip financing can help you purchase properties so you can fix them up, then resell them to someone else for a profit. Our fix and flip programs (we offer both loans and lines of credit) can help cover some of the costs of purchasing properties and fixing them up.
Fix and Flip Loans
Our fix and flip loans come with a lot of benefits and offer fast closing times. Here are a few advantages you can expect from our loan programs:
- Low interest rates
- Fast closings (generally within 17 days)
- Loan amounts up to $10,000,000
- Coverage for as much as 100% of renovation costs and as much as 85% of property purchase costs
- No prepayment penalties
- Terms up to 24 months
These loans work very well for individual fix and flip projects.
Fix and Flip Lines of Credit
Like our loans, our fix and flip lines of credit can get you the funding you need in minimal time. Here are some advantages of our fix and flip lines of credit:
- Low interest rates
- Fast closings (within 18 days)
- Credit lines up to $5,000,000
- Coverage for as much as 95% of renovation costs and 90% of property purchase costs
- Terms up to 24 months
Our credit lines can be put toward many different types of properties. To learn more about any of these different fix and flip financing options, contact us.