Fix And Flip and Fix and Rent Loans

If you’re a property investor or developer looking to fix and flip or buy and rent, Speritas Capital Partners can help you access the right financing solutions. We specialize in arranging financing for 1-4 family, multifamily, mixed use and commercial properties. Through our large lender network, we offer a variety of programs that fit first-time fix and flip investors and experienced investors.

The experts at Speritas Capital will work with you to structure a solution that meets your needs, so that you have the capital necessary to complete your fix and flip projects quickly and efficiently.

Fix and Flip Single Loans to Purchase and Rehab a Single Property

Our lenders’ fix and flip loans for single properties feature:

  • Financing ranging from $75,000 and up
  • 9-15 month terms, longer terms available
  • Interest-only, fixed-rate payments
  • Up to 90 percent LTV on property acquisitions
  • Up to 100 percent of rehab costs
  • Up to 75 percent of after repair value
  • Construction financing available
  • Quick indications available for amount, LTV and rate
  • Closings as quick as 21 days
  • Property types: Single-family residences, 2-4 unit residences, condominiums, townhomes,         multifamily mixed use, and commercial

Article: Learn how millennials are shifting the single family rental market. Read about our recently funded fix and flip. 

Long-term Loans for Rental Properties

The rental financing programs are designed for investors looking to buy either stabilized or vacant properties and generate income from rentals. We have access to programs that lend based solely on the properties value (hard money) and to programs that focus on net operating income and property value.

Loans for single rental properties feature:

  • 30-year fixed rates available
  • Fully amortizing
  • $75,000 and up
  • Up to 80% LTV
  • Fannie, Freddie and FHA loans for multifamily and other commercial properties
  • Property types: Single-family detached residences, 2-4 unit residences, condominiums, townhomes, multifamily, apartments, mixed use and commercial

Loans for a portfolio of rentals:

  • Minimum 5 units
  • 5 or 10 year with balloon due at end of term
  • Up to 30 years amortization with interest-only options available
  • $700,000 to $5,000,000 loan amounts
  • Up to 75% LTV
  • Property types: Single-family detached residences, 2-4 unit residences, condominiums, townhomes, multifamily, apartments, mixed use and commercial

Fix and Flip Lines of Credit to Purchase Multiple Properties

Our lenders’ fix and flip lines of credit provide the capital necessary for everything from acquisitions, to renovations on single and multifamily properties. These lines are uncommitted lines and each property funded under the line is subject to an appraisal. Our fix and flip lines of credit offer a number of benefits, such as:

  • Lines ranging from $1 million to $50 million
  • Up to 90 percent LTV on acquisitions
  • Up to 100 percent of rehab costs
  • Up to 75 percent of after repair value
  • New construction financing available (build to rent)
  • Terms up to 24 months
  • Quick closings
  • Competitive interest rates
  • Pre-approval for line amount, LTV and rate
  • Minimum 620 FICO credit score
  • Property types: Single-family detached residences, 2-4 unit residences, condominiums, townhomes, multifamily and apartments

Get Started With Speritas Capital Partners

How does the process work? First, Speritas provides you with quotes and terms from one or more lenders. Once you accept an offer, the selected lender then orders credit checks, appraisals, and other due diligence items. Speritas will review the final loan terms with you, and then the lender schedules the closing.

Looking to finance a multifamily property?  Learn more about our multifamily real estate financing.

Contact Us

You need a strategic, cost effective solution to your financing needs and a funding partner you can trust. And one that never takes upfront fees. Let us put our decades of banking and structuring experience to work for you – contact Speritas Capital Partners about financing your next fix and flip project or line of credit today.