Fix and Flip Loans
Fix and Flip Loans are for buyers who want to purchase a single-family home (SFR), duplex, multiplex or commercial building which requires any kind of extensive restorations. The goal in fix and flip financing is to quickly sell it for profit or refinance their asset for a long-term hold and sell when the market is best. When it comes to Fix and Flip loans, Northwest Private Lending will generally provide 80% of the purchase price and ideally would like to see our clients come up with enough money to renovate the property in question.
We love rehabbers / flippers because they know their market space, the demographics of the neighborhood, and can find undervalued homes which have great value with the right improvements.
Please contact Northwest Private Lending in Lake Oswego, OR today and let our fix and flip lenders show you just how easy it is to turn a run down house into someone's dream home.