Fix and Flip Loan – Minneapolis, MN

At Lima One Capital, we pride ourselves on being the premier lending partner for real estate investors. Our robust suite of loan products is second-to-none, and it allows us to help investors nationwide.

In this deal, Minnesota-based investors purchased this 4-bedroom, 1-bathroom single-family home with plans to update the property. With Lima One’s help, these investors were able to secure the funding necessary to restore this home.

Lima One’s fix and flip loan program is a huge part of what makes us successful. Lending to fix and flip investors is how Lima One got its start, and we’ve created a fix and flip program that offers flexible terms designed to help investors execute their investment strategies.

Fix and Flip Loan By the Numbers

  • Loan Amount: $445K
  • ARV: $600K
  • Loan to ARV: 75%
  • Loan Term: 13 months
  • Purchase Price: $400K
  • Construction Budget: $85K

Tips for a First Time Flipper

Tips for a First Time Flipper House flipping has continued to thrive during the housing recovery and has attracted many would be first time investors looking to try their hand at flipping houses. While the potential profits are a big draw for potential investors there...

Using Leverage to Maximize Profits

Using Leverage to Maximize Profits People watching HGTV on any given night are more than likely to stumble across a house flipping show. People have become fascinated with watching these seasoned real estate investors take a run-down, distressed property and with a...

What is ARV?

What is ARV? Looking to start flipping houses but you’re not sure what to look for in a property? There are several different factors to consider when looking at a property to flip. How much rehab will the home need? Is it in a nice neighborhood located near great...

3 Tips to Staging Your Flip

3 Tips to Staging Your Flip You’ve fixed up your first flip and now you need to sell it. What is the best way to sell your flip quickly and obtain a higher profit and return on investment? One thing you can do to sell your flip faster is to stage the home. Staging is...

Top Fix and Flip Markets in 2017

Top Fix and Flip Markets in 2017 As the fix-and-flip industry continues to grow, real estate investors may be looking to expand their business into new markets. One of the challenges investors face when expanding is identifying which markets offer the best...

Tips for Flipping Properties Faster

Tips for Flipping Properties Faster Flipping investment properties is a great way to grow personal wealth through real estate, as a source of additional income or as a full time business. It is essential for you to learn how to flip the property as expediently as...

Utilizing a Line of Credit to do More Deals

Utilizing a Line of Credit to do More Deals As an elite fix-and-flip real estate investor how can you leverage your experience into doing more deals? One option is a line of credit. A line of credit is an excellent option for you as an investor if you are looking to...

Correctly Estimating Your Rehab Budget

Correctly Estimating Your Rehab Budget As a fix-and-flip real estate investor, your profit is made through rehabbing and increasing the resale value of a home after the rehab is complete. Completing a rehab project requires you to properly calculate a rehab budget...

Additions to Make Your Flip Stand Out

Additions to Make Your Fix and Flip Stand Out Flipping houses is a great way to grow your personal income and revitalize distressed neighborhoods. However in a competitive market it is important to find ways to make your flip stand out in order to sell it quickly and...

Using Experience for Lower Interest Rates

Using Experience for Lower Interest Rates As you look to grow your real estate investing business, how can you obtain a lower interest rate for your deals? Being stuck with your current lender's same interest rate, regardless of your experience as an investor, can be...