What are Fix and Flip loans?
A Fix and Flip Loan, also known as hard money or bridge loan, is a specific type of asset-based loan typically issued at a much higher interest rates than conventional commercial or residential property loans. They are seldom issued by commercial banks as well.
Hard money is like a bridge loan, which usually has similar lending criteria and costs to the borrowers.
The primary difference is that a bridge loan often refers to a commercial property or investment property that may be in transition and does not yet qualify for traditional financing.
In contrast, hard money often refers to not only an asset-based loan with a high interest rate, but a distressed financial situation, such as issues on the existing mortgage, or where bankruptcy and foreclosure proceedings are occurring.
CUSTOMIZED FINANCING PACKAGES
REGULAR FINANCING.
- 90% Purchase
- 90% Rehab
- 65% ARV
PREMIUM FINANCING
- 100% Purchase
- 100% Rehab
- 100% Closing cost
- Up to 75% ARV
Real estate investors know that time is money. The faster you can acquire, renovate, and resell a property, the greater your profit potential. Our loan programs are designed specifically for investors who need quick access to capital, flexible terms, and a funding partner who understands the unique challenges of real estate investing
Fix and flip loans are short-term financing solutions that provide real estate investors with the capital they need to purchase distressed or undervalued properties, renovate them, and sell them at a profit. Unlike conventional bank loans that tend to have strict requirements and slow approval processes, our fix and flip loans offer speed and flexibility. We fund nationwide and make it easy for you to move quickly when the right property hits the market.
Start Today
Do not let financing delays hold back your investment goals. Whether you are a seasoned investor or new to flipping, Star Rich Funding Group work with lenders who specialize in loans for fix and flip property opportunities.
📞 Call us today at (805) 209-9988 or (805) 437-9488
📧 Email: starrichinvestments@gmail.com
Take the first step toward your next profitable flip—partner with Star Rich Funding. and secure the funding you need today.