Valor Lending Group funds the Top Rehab Investment Property Loan whether you a first time or a seasoned investor. Valor Lending Group has the program to fit your fix and flip loan needs. 12-to-24-month terms are available and rates to accommodate your loan scenario.
What is a Top Rehab Investment Property Loan?
Rehab loans are a short-term real estate loan that helps first time or seasoned investors purchase/rehab an investment property.
Rates can be anywhere between 7% and 12% depending on credit scores, experience, loan to cost, after rehab value, and reserve requirement. Always Interest only payments throughout the term of the loan.
What are the benefits of securing a Rehab Investment Property Loan from Valor Lending Group?
Undeniably one of the major advantages of a renovation loan is the lower down payment. Depending on your investor experience you can purchase the property as low as 10% down. Lower down payment allows you to leverage your money and invest in more projects. This increases your buying power and mitigates loss of all your capital.
What’s the difference between a fix and flip loan and a construction loan?
Construction loans fund a new build from the ground up, up, changing the framing, square footage, or zoning.
Renovation loans are structured to upgrade the current structure. Including flooring, drywall/paint, appliances, etc. No major work or construction takes place.
What do I need for get approved for a Best Fix and Flip Loan?
- Application
- Valid Photo ID
- Credit Pulled By Valor Lending Group
- REO Schedule or Investor History. First time investors welcome!
- 2 Months Business or Personal Bank Account Statements
- Purchase Contact
- Scope of Work
- Licensed, insured, and bonded General Contractor
CALL ADAM LAWRENCE TODAY FOR ALL AND EVERY LOAN SCENERIO 858-344-0323 or ALAWRENCE@VALORLENDING.COM
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