Fix and Flip

A fix and flip loan is short-term financing that real estate investors use to buy and renovate a property in order to resell it for a profit. Fix and flip loans are extermemly popular amongst aspiring, as well as seasoned house flippers.

Fix and flip loans are used to purchase residential real estate, finance renovations and improvements, as well as cover additional expenses associated with listing and selling the property. To determine the amount of funding you’re eligible to receive for your loan, FiBi the loan-to-value ratio or after-repair value. For example, if a property’s after repair value (ARV) is $200,00 the maximum loan amount would be $140,000.

The best part is that our fix and flip loans have no prepayment penalty, giving you the freedom to get in and out of your projects as quickly as possible.

Loan Terms.

• Up to 70% Loan to ARV (After Repair Value)

• 6 -12 months Terms

• $50K to $1M Loan Amount

• 9%-13+% Rates

• 2-4 Origination Points

• 3-5 Draws, if rehab required

• No prepayment penalties or minimum hold period

For any inquiries or concerns regarding these types of loans, we encourage you to apply through our online application process. Once submitted, one of our experienced loan officers will promptly reach out to you. Alternatively, if you prefer direct contact, please feel free to reach us at 832-275-0990. We are here to assist you with any questions you may have.

Please note that all loans are subject to approval from FIBI Capital LLC. We reserve the right to modify or adjust any of the advertised programs at our sole discretion.