Looking to Purchase and Rehab with an Investment Property Loan?
Fixing and flipping homes is a great source of income, but it can be difficult to find the right funding. In order to renovate a home and flip it for a profit, you need sufficient capital.
Our FixNFlip Programs
Lima One Capital offers a wide variety of fix and flip (FixNFlip) loans for the real estate investor looking to purchase and rehab an investment property. Our full offering of FixNFlip, Construction, Cash Out, and Bridge Plus loan programs provide investors the ability to capitalize on the fantastic real estate opportunities that exist across our entire lending area. At Lima One Capital we have a passion for real estate and providing the best financing solutions for real estate investors across the country as they pursue their real estate investing goals.
FixNFlip
For the investor who wants to purchase and renovate an investment property in order to sell it.
90% of Purchase and Rehab Costs
Loan to ARV: Up to 75%
Term Length: 13 months
Bridge Plus
For the investor looking to quickly purchase or refinance for resale or bridge to long term financing
LTV:: 80%
Experience:: 5+ completed flips in the last 36 months
Term Length: 13 months
Construction
For the investor who owns an investment property or fully platted lot free-and-clear and is in need of capital for construction.
Loan to ARV: 70%
Term Length: 13 months
Cash Out
For the investor who owns an investment property free-and-clear and desires to leverage that property for any reason.
Down Payment: 0% (if property is owned outright)
Loan to As-Is Value: 50%
Term Length: 13 months
Fix2Rent
For the investor who wants a single-close loan product to cover a single property for both rehab and rental
Property Types: SFR 1-4
Term Length: 13 Months for Construction Loan
30 years for Permanent Loan
Build2Rent
For the investor who owns an investment property free-and-clear and wants a loan to cover both construction costs and permanent rental financing
Property Types: SFR 1-4
Loan Type: Construction-only refinance
Term Length: 13 Months for Construction Loan
30 Years for Permanent Loan
Ready to Apply?
Our online application process is simple and easy to complete. You’ll be guided through the process step-by-step, and document tracking is a breeze.
FixNFlip Loan Overview
| Level | Completed Flips | Origination Fee | Interest Rate | Loan-to-Cost | Loan-to-ARV | Interest on Undrawn Construction? |
|---|---|---|---|---|---|---|
| 1 | 0 | 2 – 3% | 9.75 – 11.5% | 90% | 70% | Yes |
| 2 | 1-4 | 1.75 – 2.5% | 9.25 – 10.5% | 90% | 70% | Yes |
| 3 | 5 – 11 | 1.25 – 2% | 8.5 – 9.5% | 90% | 75% | No |
| 4 | 12-23 | 1 – 1.75% | 8 – 9% | 90% | 75% | No |
| 5 | 24+ | 1 – 1.5% | 7 – 8% | 90% | 75% | No |
Final rates vary based on LTV, loan type, loan amount, verification of application information, and other risk based factors.
Want more information?
Complete this form and a Lima One Capital analyst will be in touch to help answer your questions and discuss which investment option is best for you.
Lending Across The Nation
Click on the state you wish to invest in and you will be directed to a complete breakdown of our rates and terms. We are currently licensed to lend in 41 states as well as Washington, D.C. and we are continuously looking to expand into the top markets around the country.
See How It’s Worked For Others
Click a property below for more information. For a full list of case studies click here.
