Fix and Flip Loan – Orlando, FL
Lima One Capital offers some of the lowest and most competitive rates on fix and flip loans. We started out by lending to fix and flip investors, and we’ve funded thousands of flips over the past decade.
In this deal, a Florida-based investor needed funding to purchase an Orlando home he intended to flip. Lima One was able to help him secure funding to purchase this 5-bedroom, 5-bath, 3,737 square-foot home located in a gated community located directly on Lake Holden.
Fix and Flip Loan By the Numbers
- Loan Amount: $890K
- ARV: $1.4M
- Loan to ARV: 62%
- Loan Term: 13 months
- Purchase Price: $760K
- Construction Budget: $309K