The Truth About 100%/100% Fix & Flip Loan Products

Updated: Sep 8

The 100%/100% funding is not — let me emphasize — not for the borrowers looking to get into the Fix & Flip on the cheap. This product is for well-positioned buyers with good income and lots of liquidity. Be assured that money will be required to close this 100%/100% loan.


Here's What You'll Need

  • 2 to 4 points for the lender

  • The NSS processing fee

  • At least $2,500 to cover the appraisal

  • The $250 lender application fee

  • Title search costs

  • And more


The Truth About 100%/100% Fix & Flip Loan Products
The Truth About 100%/100% Fix & Flip Loan Products

THIS IS A FULL DOC LOAN IN THE ALTERNATIVE LENDING SPACE


What will be required?

  • Two years of business tax returns

  • Two years of personal tax returns

  • Six months of business bank statements

  • Six months of personal bank statements

The lenders also require that the money be seasoned, meaning the funds have been in the account for six or more months.


$50K to $1MM

Up to 65% of the After Repair Value (ARV’)


​WHERE CAN YOU GET FUNDED 100%/100%?


Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Kansas, Louisiana, Maine, Maryland, Massachusetts, Missouri, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Tennessee, Virginia, West Virginia, and Texas


8 views0 comments

Recent Posts

See All