Fix & Flip and New Construction Loans Near Me

What are Fix & Flip & New Construction Loans?

Fix & Flip and New Construction Loans are specialized loans for real estate investors and developers to purchase, renovate or build new properties. These short-term loans give you the capital to buy and improve properties so you can maximize your return on investment (ROI) with smart property development.

These loans are for both seasoned investors and new to real estate development, offering flexibility to cover acquisition, renovation or construction costs. Whether you’re flipping a distressed property or building a new home, Fix & Flip and New Construction Loans is a streamlined way to fund your project.

Fix & Flip and New Construction Loans Features:

• Short term: 6 to 24 months to support fast project turnarounds.
• Funding for purchase and rehab: Covers property acquisition and renovation or construction costs.
• Flexible: Interest only payments and competitive rates.

When to use a Fix & Flip or New Construction Loan?

These loans are for real estate investors who need quick and flexible financing solutions to take advantage of investment opportunities. Ideal scenarios are:

• Property Flippers: For those who want to buy, renovate and resell properties for profit.
• Real Estate Developers: Developers building new properties can use these loans to fund construction costs until the property is sold or refinanced.
• Investors Renovating Rentals: Enhance rental properties to increase market value and rental income potential.

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Benefits of Fix & Flip and New Construction Loans

• Quick access to capital: Fast approval and funding so you can act fast on investment opportunities.
• Covers all project phases: Financing can include property purchase, renovation and even soft costs associated with development.
• Flexible repayment options: Interest only payments during the project term to manage your cash flow.

Fix & Flip and New Construction Loans Considerations

While these loans fund your real estate project, here are a few things to consider:

• Higher interest rates: Due to the short term and higher risk nature of these loans, interest rates are higher than traditional mortgages.
• Experience matters: Some lenders require borrowers to have previous fix-and-flip or development experience.
• Project plans: You’ll need a clear renovation or construction plan, including cost estimates and timelines, to qualify for these loans.

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Is a Fix & Flip or New Construction Loan for you? This loan may be for you if:

• You’re a real estate investor or developer looking for capital to buy and improve properties.
• You need short term funding with flexible repayment terms.
• You have a clear plan to renovate, build and sell or refinance the property.

How to Apply for a Fix & Flip or New Construction Loan

At Keyswag Lending we help real estate investors get the funding they need to complete their projects. Our process is streamlined so you get the money you need without the delay.

Here’s how we can help:

• Initial consultation: We’ll review your project goals and financial needs to determine the best loan options for you.
• Custom loan programs: Our team offers a range of loan structures, including flexible terms and competitive rates.
• Expert guidance: We’ll walk you through the application process, from preparing project documents to underwriting requirements.

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Ready to Get Started?

Contact Keyswag Lending today for a free consultation. We’ll guide you through the process of getting a Fix & Flip or New Construction Loan so you have the funds to bring your real estate projects to life.