Fix and Flip Funding
Fixing and flipping real estate is essentially buying properties at a lower rate, rehabilitating the property, and selling it for a higher dollar amount. While profitable, the process is sometimes expensive, and the upfront costs keep a lot of experienced flippers from maximizing the potential of their business. That’s where fix and flip financing options come into play.
In order to properly assess whether or not a flip is a good fit, lenders requires a write up on each property, listing the address of the property, an analysis of the neighborhood where you’re buying the property, and sale prices for comparable homes in the neighborhood. They’ll also need to know the strategy and timeline of the project, background information on anyone who will assist you with the project, and a backup plan in case the renovation doesn’t work.
It’s important to know that when you’re looking for fix and flip funding, traditional bank loans are typically not the best route to move forward. With seasonal and irregular income, banks often don’t look favorably on issuing a loan towards even the most experienced of fix and flippers. REIL Capital makes it easy to get funding for flipping with agreeable terms that won’t break the bank.
The REIL Advantage
When you apply for a fix and flip loan with us, you’ll get the REIL Capital advantage, which means you’ll get our unbeatable customer service and support. Our goal is make it as easy as possible for small business owners to receive the funding they need. If you business is in need of a fix and flip loan, or simply quick capital for your business with our merchant cash advance, invoice financing, or equipment financing services, you’ll receive the same impeccable level of care we give to everyone we do business with.
Small business owners have no time to waste waiting for a bank’s funding approval. That’s why REIL Capital has streamlined our entire application process by putting it online. fill out our instant funding application; in a matter of minutes, you’ll receive a call from one of our Capital Specialists, who will discuss all of your funding options and help you select the one that works best for you. In some cases, a quick revolving line of credit might be what best suits your business; in other cases, an SBA Loan might make more sense because of the longer terms and lower rates. Regardless of the financial situation, you can trust REIL to help you make the best decision for your business.
If you’re interested in a fix and flip loan, get in touch with us today to get the process started. Fill out our online application, call our customer support staff at (888)601-7345, or send an email over to ! No matter how you want to communicate with us, a REIL Capital Specialist will be standing by to tell you about the various services we offer. Don’t wait — your business need funding today! Contact REIL Capital and you could have small business funding sooner than you could imagine.