Fix and Flip Financing
Get Fast Financing for House Flipping
Fixing up houses and selling them for a profit can be lucrative. To get started, you need funds for purchasing property and renovations. MAC Commercial Capital makes it easy with our fix and flip financing options.
Financing for House Flippers
Short-term financing works best for house flipping, as you expect to sell within a year or two. As a result, the traditional mortgage just doesn’t make sense for flippers. Financing designed for property investment is a much better choice due to its many benefits:
- No prepayment penalties
- 24-month terms
- Low interest rates
Credit Lines for Flexibility
What if you want more flexibility in your fix and flip financing? Instead of a lump-sum loan, consider a line of credit. This form of financing allows you to draw the amount you want when you want, and you only incur interest on the total drawn amount.
Loans Available for Qualifying Applicants
MAC Commercial Capital offers up to $10 million for lump-sum loans and $5 million for lines of credit. Loans close in as few as 10 days, while lines of credit take as little as 18 days. Both are far faster than a traditional mortgage, which can take more than a month to process.
If you like the sound of fix and flip financing, get in touch today. Our representatives can set up a no-cost consultation to discuss your options.