Fix and flip projects are popular real estate investments that can be very profitable. These investments require purchasing a property, renovating the property, and then putting it back on the market in hopes of being able to make a profit. Fix and flip investments often cannot be financed through conventional loan options making hard money the go-to option.
The most difficult part for property flippers is coming up with the funds to acquire the property in the first place. This is why they typically use hard money loans to purchase, renovate, and sell a property within one year. These loans are ideal for fix and flippers since they finance properties in poor condition.
Hard money loans have lower qualifications for approval, helping fix and flip investors receive approval quickly. Coast2Coast Mortgage – Hard Money Division offers fix and flip loans and lines of credit throughout Florida with the most competitive rates and terms available.
We understand that our clients may need the funding for more than just the initial property purchase, as there are many projects involved with home renovations. By taking a partnership approach with our clients, we are able to close loans quickly and efficiently while funding the many projects and investments that may come their way. This is what makes Coast2Coast Mortgage – Hard Money Division the premier lender for fix and flip financing throughout Florida.
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