Fix & Flip LoansGet the financing you need for your fix & flip and fix & hold properties
RATES STARTING AT 9.75%*
Our Single Rental Loan enables investors to purchase a new property to expand their rental portfolio. Investors use this Debt Service Coverage Ratio (DSCR) loan to refinance a property for a better rate, or take cash out to access equity.
Key Facts About Our Fix & Flip Loans
Key Facts About Our Single Rental Loan
DSCR loan with no W2s, paystubs, or tax returns required Minimum 660 FICO Single Family Rental (SFR), warrantable condos, townhomes, PUD, 2-4 units eligible Foreign Nationals allowed
- NO prior experience required
- Extensive rehab financing available (budgets > 50% of total costs)
- Financing for up 100% of renovation expenses
- Foreign Nationals eligible
TERM | 12 months standard 18 month option case-by-case |
---|---|
REHAB/CONSTRUCTION FINANCING | Up to 100% of rehab budget |
MAXIMUM LTC (% OF PURCHASE PRICE) | Up to 90% LTC |
MAXIMUM LOAN-TO-VALUE(LTV) | Up to 75% ARLTV |
WHEN DO WE USE LTV VS LTC? | Generally, we use LTC on lopsided projects (where the purchase price is lower than rehab budget) |
RECOURSE | Full Recourse Only |
LOAN AMOUNT | $50K - $5MM |
LOAN PURPOSE | Rehab loan for non-owner occupied residential investment property |
BORROWER TYPE | Entity required |
PROPERTY TYPES | Non-Owner Occupied:
Attached or detached SFR 2-4 unit properties Townhomes Warrantable Condos |
FOREIGN NATIONALS | Not allowed from ineligible country list |
MINIMUM EXPERIENCE | NO prior experience required |
Why Choose a AJ Capital Funding Group Fix & Flip Loan?
- Fix & Flip loans are great for renovation projects, big or small.
- Grow with AJ Capital Funding Group: As you fund more property loans with us and gain experience, your terms may improve.
- Extensive Rehab financing is available for larger Fix & Flip projects.
We have the product to meet your needs.
Real Estate Commercial Lender Single Family Homes, Townhomes, Duplex, Triplex, and Condos Purchase Financing, Cash Out Refinance, Short and Long Terms Available Nationwide. Residential New Construction, Fix and Flip, Bridge and 30 Year Fixed, ARM financing options available for Single and Multiple Rental Portfolios.
“FOREIGN NATIONALS WELCOME”
(By Appointments Only)
Office: (800) 674-0757
Email: info@ajcapitalfunding.con
Address: 7345 W. Sand Lake Rd. STE # 214
Orlando, FL 32819
All Rights Reserved. Equal housing lender