Fix N Flip Loans
Upon paying the Draw Fee, which normally ranges between $200-250, an inspection is scheduled with you. An Inspector comes to the property to check that the work has been done and to verify any permits pulled and any required licenses. Upon a positive review, the inspector submits their findings and the Reimbursement Funds are deposited into the Investor's account.
How long do Draw Reimbursements take? Usually, the first draw process takes 3-5 business days for account to be reimbursed and subsequent draws take 2-3 business days.
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Fix N Flip Loan Highlights
Loan amounts up to $3M per loan - Scale your property investment business
Loans up to 90% Purchase Price - Keep more money in your pocket
Loans up to 100% of the Rehab Covered - Finish your project with everything you need
Flexible Loan Length - Finding loans from 6-24months for your rehabs because some rehabs take longer than others
BRRRR - Buy, Rehab, Rent, Refinance, Repeat. - Fix N Flip loans help you reach your long term investment and wealth goals
Hard Money Made Easy - Loan Money Pro makes finding the perfect loan for you easy
Simplified Documentation - Loan Money Pro can find you streamlined application process focused on property analysis rather than extensive personal financial documentation.
No Experience Necessary - Loan Money Pro can find your perfect loan if you are a first time Investor or experienced Investor
Nationwide Lending - Financing can be found in most states nationwide.
Only Pay for What You Use - Finding financing for you where your payments only cover funds actually disbursed, not the full loan amount from day 1.
Loan Money Pro is your trusted partner in securing Fix N Flip loans! Perfect for investors looking to scale their profits.
How Do Fix N Flip Loans Work?
Fix N Flip Loans are investment property loans that qualify borrowers based on the potential profit gained from the renovation and sale of the property, rather than personal income from employment. This innovative approach offers serious investors the opportunity to build wealth through real estate quickly without the limitations of traditional debt-to-income calculations.
What percentage of the Rehab funds do I receive at the closing table? Generally speaking, only the funds for the Purchase Price are included at the closing table. Rehab funds are distributed through a Draw Process. So you will need some funds in reserve to start your project.
The Draw Process Explained
How Draws Work: The Draw Process is how each Investor gets their rehab funds reimbursed. You give notice that you have completed a portion of the rehab process and would like the funds spent on that reimbursed to you.
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