Fix & Flip Loans

Our Number One Goal

Getting the CLEAR to CLOSE!

Guy in blue plaid shirt working on ceiling with drill

Residential and Commercial
Fix & Flip
$10K to $10MM

Fast Funding for Real Estate Investments

Up to 90% of purchase price

Up to 75% of after-repair value

12,18 & 24 month terms 

FIX & FLIP LOANS 
UNDER $75K

YEP!

YOU READ THAT RIGHT!

Under $75K In 23 States

WITH NO MAXIMUM ON THE REHAB!

Minimum 600 Credit Score

4% Lender Origination Fees

$2500 Processing Fee

Rate starting at 11.99%

6 Month w/Extension Available

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Fix & contrator with yellow hard hat plastering a wall
NSS Lending LLC _312-391-7875_www.NSSLen

TRUE DEFERRED PAYMENTS

 $75K to $750K

90% Purchase & 90% Rehab

Minimum 640 Credit Score

4.5% Lender Origination Fees

Rolled into the Loan

$2500 Processing Fee

Rates Starting at

1% Per Month

6 - 24 Months

map of the USA areas colored in olive mark deferred payment states for fix and flip funding.

100% PURCHASE
100% REHAB

 $50K to $1MM

4/8/12 Month Terms

Minimum 620 Credit Score

One-Time Application Fee $250

Lender Origination Fee 2%

$2500 Processing Fee

Ground Up Options Available

FULL DOC LOAN

(Tax Returns, Paystubs, Bank Statements, Etc.)

map of the USA with states colored in blue indicating those are the states where we offer 100% financing on fix and flips
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HOW TO DETERMINE THE BEST MARKET FOR FLIPPING

Buying a House

Homeownership vs. Renter

Areas with high 

homeownership (versus rentals) is evidence of purchasing power. States with low homeownership rates make the chances of flipping homes for a living less probable.

Realtor and couple walking through the front door of a home

Number of Realtors

States with more realtors have a better chance of selling properties fast.  If only a few realtors are there, that is a clear sign of a market that is not conducive to flipping.

Overjoyed young family with little presc

 Household Income

The higher the median household income is in any given state, the higher the chances for you to sell the house.

Grey & white Kitchen cabinets

Average Remodeling Costs

You don't want to overspend on remodeling, especially with a low average sales prices.

white colonial style house

Higher vs. Lower
Home Values

You can generate more profit in markets where the average home price is high and equates to higher demand. 

House For Sale Sign

Average List & Sell Price

The best markets for flipping have a reasonable ratio of average listing and average selling prices.     

10 dollar bills

Median Monthly Housing Costs

Families prefer to invest where the housing costs (insurance payments, utilities, property taxes, HOA fees, and household maintenance) aren't through the roof. Additionally, you, as a flipper, don't want high housing costs while waiting to sell the home.

Couple arm and arm looking at a house

Average Time to Sell the Home

The longer the home stays on the market, the more money you lose. So, the locations with quick sell times rank higher.

floor under construction with water tubes for heated bathroom floors

How Much Can You Make Flipping Houses?

According to RealtyTrac's U.S. Home Flipping Report, the amount of money you can make from flipping houses largely depends on how many houses you can flip — not in finding a single house that will net you a huge profit. One of the most consistent house-flipping tips you’ll see is to search for houses where you can make a clear 10% to 15% profit on the sale after paying for repairs, realtor fees, title fees, and financing. Most experienced flippers hope to make around $25,000 per flip. What they won’t do is buy into a house that will only give them a profit of $10,000, which could be eaten up if there are unexpected expenses during the repair process.

What to Watch Out For

Unexpected repairs and holding the house for too long. An experienced flipper will have a complete flip done within 90 days, freeing up their money for the next investment. If it takes longer than 90 days to get the house sold, you’re likely losing money each day. Also, you should always estimate your repair costs on the high side by adding a 15% to 20% buffer to your expected expenses.

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Find banked-owned/foreclosure "REO" houses, because the banks have to continue to pay insurance, taxes, and maintenance on the property. Banks tend to be very motivated to sell their inventory even if it's at a deep discount. HUD houses, which are foreclosed homes with an FHA-backed mortgages are also a source of bargain properties. HUD publishes all its houses on a website, which makes it easy for investors to look for potential deals.

Maximize Your Profits With These Repairs

Buy Properties with A Lot of Equity. Be Realistic About Your Renovation Costs. Get Advice From Knowledgeable and Experienced Flippers. 

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Kitchens & Baths

Renovate kitchens and baths from top to bottom. Use recently sold properties with the highest values to determine materials you'll want to use.

Painting the Wall

Painting

Cool, neutral colors are a big hit with buyers. Light blue bathrooms and taupe living rooms are especially popular in homes that sell for more money. Homes with dark reds or browns sell for much less.

Garage Construction

Garages

Other than to spruce the garage up with a fresh coat of paint, don't do much more as it won't add value to the property.

Raised bed garden

Landscaping

Good landscape design can add up to 20% to your home’s value, so it’s no surprise that poor landscaping can have a negative effect. Make sure to balance your landscape for year-round curb appeal.

Switching Roofs

Roofing

A roof can be a very big expense, so you'll want to make sure you factor the cost of replacing replacement or repair into your budget.

Home Deck

Outdoor Spaces

Create a warm and inviting setting with any outdoor space, making it a place where you would relax with a glass of wine or watch the pets and children play.

Hardwood Floor

Flooring

Use laminate or hardwood flooring in the primary living areas and carpeting in the bedrooms. It's difficult to tell the materials apart. Laminate is durable, scratch-resistant, and less expensive.

Standing Air Conditioner

HVAC

Make sure the home has a working HVAC system. Air conditioning is a must in areas with warm climates, such as Florida and Texas. Central air is a big selling factor.

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Staging

In luxury homes, consider staging, adding select furnishings to show potential buyers how things work. Comfortable seating, side tables, and planters will do the trick!