Fix & Flip Loans in Spokane, WA

Why use Private Money for a Fix & Flip?

Private money loans are used for Fix & Flips or "Rehabs" for a number of reasons. Most commonly they are used when the condition of a property does not qualify for a conventional loan or needs significant repairs and upgrades in order to be profitable.

Fix & Flip loans are generally short term loans, as once the necessary repairs have been completed the property can be sold for a profit, or the loan can be refinanced with conventional financing.

You can channel your inner Chip or Joanna Gaines and renovate the property yourself, or you can hire out those services to a professional. Either way, Fix & Flips are one of the most rewarding types of real estate investing.

Loan Features:

  • Loan amounts up to 125% of the purchase price

  • Loan amounts up to 75% ARV (After Repair Value)

  • Note rates 8%-13%

  • APR's 10%-18%

Other Private Money Loans

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804 W Boone Ave, Spokane, WA 99201 | (509)926-1755