A Fix and Flip Loan, also known as a hard money or bridge loan, is a type of asset-based financing where borrowers receive funds secured by the value of real estate. These loans are ideal for investors looking to purchase, renovate, and resell properties quickly.
At WE Group Capital, we specialize in connecting real estate investors with top lenders offering competitive Fix and Flip loan options. Contact us today, and we’ll help you secure the best rates from our trusted lending partners!
Fix and Flip loans typically have higher interest rates than traditional commercial or residential loans and are rarely issued by banks. Hard money loans are similar to bridge loans, both offering short-term financing for properties that may not yet qualify for traditional funding.
The main difference? Bridge loans are often used for commercial or investment properties in transition, while hard money loans cater to investors dealing with distressed properties, mortgage arrears, or even foreclosure proceedings.
Many Fix and Flip loans come from private lenders, often within the local market. These loans prioritize the value of the property over the borrower’s credit score. Typically, lenders offer a loan-to-value (LTV) ratio of 65-70%, meaning for a $100,000 property, you could secure $65,000-$70,000 in funding. This structure protects lenders while providing investors the capital they need to flip properties successfully.
🔹 Fast Funding
🔹 Flexible Terms
🔹 Competitive Rates
Ready to fund your next flip? Contact WE Group Capital today!
