The day-to-day life of a real estate investor can be exciting, but the actual work follows a fairly predictable pattern. Find a property to flip, find financing, fix up the property, then get it on the market. The more time you can dedicate to locating great properties and flipping them, the more money you can make. That’s why we make financing easy at Brass Financial Group. Our loans for house flipping are easy to apply for and simple to use, so you can focus on making money.
Finding a Property
Being an expert when it comes to local market trends makes it much easier to zero in on the right property to fix and flip. You’ll want to find a house that is in a neighborhood with stable or growing property values, requires primarily superficial work, and nets you an ROI of 10% or higher.
Secure Your Financing
As any short-term real estate investor can tell you, one of the biggest barriers is securing financing, especially for that first flip. Luckily, we have options:
Fix and Flip
Our fix and flip loan is one of the best types of loans for flipping houses. We offer up to 100% of both the purchase and repair costs up to $2 million! Our bridge financing can be used for as long as 12 months and our rates are competitive, ranging between 9% – 14%.
Hard Money Loan
If you’re looking for longer loan terms, you could also utilize our hard money loans. These loans last for 1-2 years and provide up to 70% LTV with rates between 10% – 14%.
As always, Brass Financial Group doesn’t believe in making you jump through hoops or deal with all the red tape. We don’t base your application on your credit score, employment status, or income level. Our financing is asset-based, which means that your loan is based on your next project. Fill out our brief online application to get pre-approved today!
Fix It Up
When it comes to fixing up your new property, you’ll want to work quickly. Play to your strengths and fix what you can on your own and hire a pro for the rest. The faster you get it back on the market, the more profit you’ll earn.
Get it on the Market
Once you’ve made all your repairs, it’s time to get your home listed on the market. Two ways to help it sell quickly are to price it correctly and stage it.
Brass Financial Group’s Loans for House Flipping
If you want to learn more about loans for house flipping, give our office a call at 609-800-FUND to talk with one of our seasoned loan officers.