Question 1

Can I use a fix-and-flip loan to cover unexpected renovation costs?

Accepted Answer

Yes, our fix-and-flip loans include options for financing renovation expenses and have flexibility to handle unexpected costs, so your project stays on track.

Question 2

What are the typical interest rates and terms for a fix-and-flip loan?

Accepted Answer

Our fix-and-flip loans come with 12-month interest-only terms, giving you lower monthly payments and maximizing cash flow. We also offer flexible extension options if you need more time to complete your project. Funded Capital provides competitive rates starting at 10.75%, ensuring you get the best financing solution to maximize your returns..

Question 3

How do draws work in Funded Capital’s fix-and-flip loans?

Accepted Answer

Our SnapDraw System allows you to access rehab funds within 24 hours by simply uploading pictures using a mobile friendly link. Instead of waiting on traditional inspections, you can request a draw once each stage of work is completed. This ensures a fast and seamless process, so you can keep your project moving without delays.

Question 4

Can I finance multiple flips at once?

Accepted Answer

Funded Capital offers two flexible options for financing multiple projects. You can get funded on a deal-by-deal basis, ensuring each project gets the right financing tailored to its needs. Alternatively, our Fix-and-Flip Portfolio Loan Program allows you to secure funding for multiple properties under one streamlined loan, optimizing cash flow and simplifying management.

Question 5

What is the maximum Loan-to-Value (LTV) for a fix-and-flip loan?

Accepted Answer

Our LTV ratio is up to 90% of the purchase price and 100% of the rehab costs, giving investors maximum leverage while balancing risk.

Maximize Your Fix & Flip Profits with Smart, Simple Financing