Best California Fix and Flip Loans

Best California Fix and Flip Loans

Best California Fix and Flip Loans

If you are a seasoned flipper with 10 or more completed flips (purchased and exited) in the last 3 years OR if you are a first time flipper we have programs for you!

We cater to real estate investors looking to purchase and rehab 1-4 unit investment properties to resell for a profit.  We will loan up to 90% of the purchase price + rehab or construction costs, allowing investors to leverage their capital on one or multiple projects.

Valor Fix and Flip Program | Best California Fix and Flip Loans:

  • Rate as low as **6.99%**
  • 12 month term
  • Loan amounts up to $10mm
  • Interest only payments
  • Up to 90% of purchase and 100% of rehab costs
  • No Prepayment Penalty
  • Reimbursement Draw (Rehab funds distributed as rehab process progresses)
  • Close in 12-14 days (after full submission)
  • Non Recourse under $1.5M

The best way to get started is to provide you a quote and once reviewed and moving forward we will request all the needed documents for submission.

Needs for Quote: (E-mail Adam the following):

Property Address:
Purchase Price:
Current “as is” Value:
Rehab Budget: After Completed Value: Experience | How many fix and flips (purchased and exited plus other properties owned) in the last 3 years:
Approximate current Credit Score:
Vesting in and Entity or Individual name:

What you need to submit your Fix and Flip Loan:

  1. Resume of Experience (sponsored “on title” purchased and exited flips in the past 3 years | include purchase price and date & sales price and date | list current rental properties owned)
  2. Purchase Contract
  3. Rehab Budget
  4. General Contractors License number (owner builder or partnered GC)
  5. Copy of your Driver License (front and back)
  6. 2 Months most recent Bank Statements (all pages even if left blank)
  7. Hazard Insurance Quote for Subject Property
  8. Entity LLC or Corp Documents (if applicable)

Other Programs Available:

Give me a call for immediate attention to your scenario !

**APR 6.99%** based on CA property | 5 purchased and exited properties and/or owned properties in last 3 years | 700 Credit Score | $1M loan amount | Vested in Entity LLC

For the most up to date mortgage news visit: Mortgage News Daily

About the Author

Adam French

Mortgage Loan Originator
CA DRE# 02133169
NMLS # 1981517
Valor Lending Group
"Pride in Lending"
Petco Park
Diamond View Tower
350 10th Ave - 10th Floor
San Diego, CA
Direct: (702) 596-5639
Office: (619) 810-0088
Fax: (619) 872-2400
web: https://valorlending.com/meet-adam-french/
afrench@valorlending.com

You may also like these