Fix & Flip Loans

Purchase/Refi/Cashout

  • SFH Individual - Fix & Flip

    • Up to 90% LTC + 100% renovations with rates as low as 8.45% interest
    • Loan amounts are as low as $75,000. Purchase price can be any amount, but total loan (90% LTC + renovations) must be $75,000 or greater with $100,000 ARV
    • 12, 18 or 24 month loan term
    • SFRs, portfolios, 2-4 plex, Condos, PUDs, Manufactured Homes

    Rates, LTC, and terms are subject to borrowers FICO (min. 660), experience level, and property location

  • SFR Individual - Purchase/Refi/Cash Out

    • 5/1 ARM, 6/1 ARM, 10/1 ARM, & 30 yr. fixed
    • 30 yr. am.
    • Up to 80% LTV on purchase
    • Up to 75% LTV on refi
    • Rates as low as 6.125%
    • 1.0 DSCR minimum
    • ARV $100,000
    • Stabilized & appraisal ready with tenants
    • 90 day seasoning

    Rates and terms are subject to lenders minimum requirements based on borrowers FICO, ARV, LTV, and property location

  • SFR Portfolio - Purchase/Refi/Cash Out

    • 5/1 ARM, 6/1 ARM, 10/1 ARM, & 30 yr. fixed
    • 30 yr. am.
    • Up to 80% LTV on purchase
    • Up to 75% LTV on refi
    • Rates as low as 6.5%
    • 1.0 DSCR minimum.
    • $100K ARV per door
    • Stabilized & appraisal ready with tenants
    • 90 day seasoning

    Rates and terms are subject to lenders minimum requirements based on borrowers FICO, ARV, LTV, and property location

  • Multifamily Portfolio - Purchase/Refi/Cash Out

    • 2 to 4 units min. to 100+
    • 5/1 ARM, 10/1 ARM, & 30 yr. fixed
    • 30 yr. am.
    • Up to 80% LTV on purchase
    • Up to 75% LTV on refi
    • Rates as low as 6.5%
    • 1.2 DSCR minimum.
    • $50K ARV & $600 rent min. per door
    • Stabilized & appraisal ready with tenants
    • 90 day seasoning

    Rates and terms are subject to lenders minimum requirements based on borrowers FICO, ARV, LTV, and property location

  • SFR3 Refi/Cash Out

    Many investors purchase lower value properties to hold as long-term rentals. They buy $50K or less with cash. After stabilization, they achieve significant ROIs of 12%-15%. Once they are ready to refi, there are unable to find lenders offering long term loans for less than $100K ARV. As a result, they have capital invested indefinitely, unable to deploy on future projects. With REI Brokers, you can now roll your lower value properties into an SFR3 loan with a portfolio of a minimum of three SFR properties and re-invest your capital into new projects. This is a game changer for investors seeking to employ the BRRRR strategy for these types of assets.

    • Rental Properties*
    • 30 yr. fixed
    • 30 yr. am.
    • Rates as low as 7.2%
    • Up to 75% LTV
    • $50K min loan amount/$67K+ min ARV
    • Stabilized & appraisal ready with tenants

    * Minimum three rental properties with $50K+ ARV per property and $700+ rent per door (based on market rent).
    * Minimum 700 square feet per property.
    *Properties may be vacant but must be turnkey/appraisal ready with signed leases on or before closing date.