Fix & Flip Loans
Fast & Flexible Capital for Real Estate Investors and Property Flippers
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*Specializing in rapid financing for residential and commercial rehabilitation projects nationwide.
Service Snapshot: Fix & Flip Loan Program
| Feature | Details for Fix & Flip Investors |
|---|---|
| Primary Loan Types | Fix & Flip, Rehab Loans, Value-Add Properties, Bridge Financing |
| Typical Funding Time | 5-10 Business Days (as fast as 3 for qualified projects) |
| Loan-to-Value (LTV) | Up to 75% ARV (After Repair Value) / 85% LTC (Loan-to-Cost) |
| Target Property Types | Residential (1-4 units), Multifamily, Distressed Commercial, Mixed-Use |
Why Investors Choose Waterman Capital for Fix & Flip Loans
The success of a fix & flip project hinges on speed, access to capital, and an accurate understanding of a property's potential. Traditional lenders often can't keep pace with the demands of acquiring and renovating properties quickly.
Waterman Capital offers a strategic advantage for property flippers:
- Rapid Funding & Closing: We understand that finding a great deal means acting fast. Our streamlined process allows for quick approvals and closings, often within 3-10 business days, ensuring you don't miss out on profitable opportunities.
- Focus on ARV: Our loans are primarily based on the After Repair Value (ARV) of your property, giving you the capital needed for both acquisition and renovation costs, even for properties in significant disrepair.
- Flexible Terms for Rehab: We offer flexible draw schedules and terms that cater specifically to the construction and rehabilitation phase of your project, providing funds as work progresses.
- Less Emphasis on Credit: We prioritize the property's potential and your project's viability over strict credit scores, making our loans accessible to a wider range of experienced investors.
Frequently Asked Questions About Fix & Flip Loans
What is a fix & flip loan and when is it ideal?
A fix & flip loan is a short-term, asset-based loan designed for real estate investors who purchase properties, renovate them, and then sell them quickly for a profit. It's ideal when you need fast capital for properties that don't qualify for traditional financing due to their condition, or when market timing is crucial for securing a deal.
How quickly can I get approved and funded for my fix & flip project?
Our process is engineered for speed. For qualified fix & flip projects, we can often provide approval in 24-48 hours and fund loans in as little as 3-5 business days, with most closings within 7-10 business days. This allows you to seize opportunities before they're gone.
What types of properties do you lend on for fix & flip projects?
We lend on a broad range of residential and commercial properties suitable for rehabilitation, including single-family homes, multi-unit properties (duplexes, triplexes, quads), apartment buildings, distressed commercial spaces, and mixed-use properties. Our focus is on the property's potential After Repair Value (ARV).
Do you provide funds for both acquisition and renovation costs?
Yes, our fix & flip loans are structured to cover both the purchase price of the property and a significant portion of the renovation budget. We offer financing up to 75% of the After Repair Value (ARV) or a higher percentage of the total Loan-to-Cost (LTC), ensuring you have the capital needed for the entire project.
Ready to fund your next Fix & Flip project?
Get pre-qualified or apply now for a fast and flexible fix & flip loan.
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