Property Flip Loan
Bridge Loan | |
| Property Types | 2-4 Units, Industrial, Office, Retail, SFR, Warehouse |
| Lendding Area | maryland, virginia |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $1,500,000 |
| Terms | 1 year |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| General Pricing or Guideline info | Highlights: - No prepayment penalties - Same day terms - Close within 7 days Need access to short term capital to preform work on your property until long term financing can be secured? Our Bridge Loans are a great solution to fill the gap. - Loan term(s) up to 12 months - No prepayment penalties - Use equity in primary residence as collateral - Available for commercial and residential |
| Updated as of | 2023-02-04 |
Bridge Loan | |
| Property Types | 2-4 Units, SFR |
| Lendding Area | maryland, virginia |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $1,500,000 |
| Terms | 1 year |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| General Pricing or Guideline info | Highlights: - No prepayment penalties - Same day terms - Close within 7 days Acquisition loans designed with maximum flexibility for real estate investors. - Loan term(s) up to 12 months - LTV must not exceed 70% - No pre-payment penalties - No minimum credit score |
| Updated as of | 2023-02-04 |
Summary of all Guidelines | |
| Loan Types | Bridge Loan, Construction Loan, Hard Money Loan, Rehab Loan |
| Property Types | 2-4 Units, Industrial, Mobile Home Park, Self-Storage, SFR |
| Lendding Area | maryland, virginia |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $1,500,000 |
| Interest Rate Minimum | 12% |
| Interest Rate Maximum | 14% |
| Points Minimum 1st TD | 2 |
| Terms | 1 year |
| LTV Bridge | 65 |
| LTC Construction | 100 |
| ARV Rehab & Construction | 65 |
| LTC Rehab | 100 |
| Company Size | Individual |
| Percentage of Budget Financed - Rehab | 100 |
| LTC Percentage of Budget Financed | 100 |
Property Flip Loan is a private money lender based in Annapolis, Maryland.
Our focus is on building long term relationships with real estate investors by providing fast access to capital in the Mid-Atlantic region.
It is important to note that we lend using our own money, keeping the middleman out and your cost of capital down.
We pride ourselves on being able to close loans within days of receiving an application and are much easier to work with than traditional lending institutions.
Property Flip Loans is located in Annapolis, MD. They offer financing for Bridge Loans, Construction Loans, Hard Money Loans and Rehab Loans. The property type they primarily lend against is SFR, 2-4 Units, Industrial, Mobile Home Park and Self-Storage. Their minimum loan amount is $100,000. Their maximum loan amount is $1,500,000. Maximum duration of 1 year. Although rates can change they are typically lending at a minimum rate of 12%. Maximum interest rate of 14%. Points charged are deal specific, but historically have charged a minimum of 2.
These descriptions are limited information and meant for general reference purposes.