100% Fix and Flip

100% Fix and Flip Funding Options for Experienced Real Estate Investors

Program 1 Call 888-848-3114

Overview

100% on Purchase
100% of Renovation
Loan Amount: $100,000 to $800,000
Rate: 10-11% and 2 - 3 Origination Points
Term: 12 Month Interest Only
Interest Paid on Funds Disbursed Only

Very Experienced Investors Only

Qualifications

Credit Score: 720

Experience: 1 Max LTV  70% ARV

Liquidity: $15,000 0r 25% of Budget whichever is greater

Income & Asset Verification
Proximity: within 100 Miles of Property (exception possible)

Available: Nationwide

Documents Needed

Drivers License / ID
Most Recent Asset Statements to Verify Liquidity
Current Year's Federal Tax Return
Entity Docs Including: Articles, Operating Agreement, EIN / SS4
Pictures (interior/exterior)
Detailed Itemized Repair Budget
Executed Purchase Contract

Schedule A Free Loan Consultation

Program 2 - Call 888-848-3114

Overview

100% on Purchase
100% of Renovation

Max loan 70% of ARV

Loan Amount: $100,000 to $1,000,000
Rate: 12% and 3-4 Origination Points
Term: 6 Month Term - Interest Only Payments

Light to medium rehab only

Available in: Nationwide

Qualifications

Credit Score: 680
Experience: 5 projects in last 5 years
Liquidity: 10% of Rehab Budget plus 6 months of payments

Documents Needed

Drivers License / ID
2 Months of Asset Statements to Verify Liquidity
Entity Docs Including: Articles, Operating Agreement, EIN Verification
Detailed Itemized Repair Budget
Executed Purchase Contract

Schedule A Free Loan Consultation

Program 3 Call 888-848-3114

Overview

100% on Purchase
100% of Renovation Up to 75% ARV

No experience 650 credit 65% ARV

No Experience 700 credit 70% ARV

3 experience in last 3 years + 700 Credit 75% ARV

Loan Amount: $100K - $1.25 mil

Rate: 11-12.75% and 3-4 Origination Points
Term: 9  Month Interest Only

Available: AL, DC, FL, GA, KY, MD, MA, MO, NJ, NC, OH, PA, SC, TN, TX, VA

Qualifications

Credit Score: 650 = 65% ARV, 700 = 70% ARV, 700 + 3 flips & light rehab =75% ARV

Liquidity: $15,000 0r 25% of Budget whichever is greater

Proximity: within 100 Miles of Property (exception possible)

                                          Last 3  Months Assets Statements

Documents Needed

Drivers License / ID
Asset Statements to Verify Liquidity
Entity Docs Including: Articles, Operating Agreement, EIN
Last 3 months Assets Statement
Detailed Itemized Repair Budget
Executed Purchase Contract

Schedule A Free Loan Consultation

Contact Us

FBC Funding
205 North Michigan Avenue Suite #810
Chicago, IL 60601
Phone: 888-848-3114
Free 15-Minute Loan Consultation

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