Unsecured Real Estate Loans
Use Unsecured Credit For Fix and Flips
Unsecured Real Estate Loans can be a great tool for your fix and flip deals. It can help you speed up the purchase and construction by reducing the time spent on dealing with traditional real estate lenders.
Unsecured credit can help you avoid seasoning, reduce docs, reduce rate shopping, rules & more.
- Avoid Wasting Time
- Avoid Multiple Rates/Term Quotes from Multiple Lenders
- Avoid Seasoning
- Avoid the “minimum loan size” issue
- Avoid the “minimum purchase price” issue
- Avoid construction project experience rate premium
- Avoid the heavy rehab issue
- Avoid appraisals, underwriting and the time spent with documents and applications
- Make More Profit on Flip #1 (varies on UW & other factors)
Case Study: Investor planning 2 Flips in 12 months*
Comparison of unsecured credit lines for real estate vs. traditional fix and flip loans
For simplicity, we assume same deal for both flips
- $100,000 Purchase | $30,000 Rehab | $215,000 ARV
- Loan Expenses are averages from a National Private Money Lender & Large Funder of Unsecured Loans, LOC, and Cards
- Rates are current as of 5/3/2021
- FICO score of 790 & W-2 Income
- Minimum purchase price for a rental property – $100k
- Minimum market value for a refinance – $110k
Video Case Study- Unsecured Real Estate Loans for Fix and Flips
Get Pre Approved to finance your next Fix and Flip project with an unsecured real estate loan
- Get Pre-Approved without Affecting Credit
- Securely Apply in Under 2 minutes
- Pre-Approved in 2 hours (Average)
- Lines of Credit and Cash Term Loans
- Low Monthly Payments
- $5,000 to $500,000
- No Collateral Required
- Lease (if a rental)
- Access to 100’s of credit unions, banks and lenders
For questions, please call (317) 589-0118 or contact us here.
