The #1 Place to Get a Fix and Flip Loan
If you’re ready to flip more homes and increase your sales, a fix and flip loan is just what you need!
At Shepherd’s Finance we work with you to create a loan plan that fits your budget and property needs. To flip more houses and continue to grow your house-flipping business, reach out to us today to learn more!
Increase Your Income
House-flipping is becoming a more popular way to make money each year. You see a shabby home down the street, snatch it up, remodel it, and sell it for a substantial amount of money.
In the time of freelancing and contracting work, home-flipping is becoming a desirable source of income for many professional builders and investors, as well. It’s not hard to understand why!
While you can make great money flipping houses, it also requires quite a bit of money to be put down. Not only do you have to pay for the property itself, but you have to pay for the materials and labor needed to flip it. This adds up quickly, which is why we’re here!
If you’re looking to grow your home-flipping business, you’re going to want to always be working on a house. We understand that after buying a property, money may be a little bit tight. This is why we want to help you pay to renovate.
Ready to talk?
Connect With Us Today
If you dream of flipping a home or building a spec home, don’t put it on the backburner for any longer.
Tackle this project with our financial help today! Feel free to browse through our resources and talk with a representative before making your final decision.
We’d love to help you in any way we can. To learn more about our services, reach out to us today with any questions!
The Benefits and Features of Our Program
When you choose to apply for a fix and flip loan through Shepherd’s Finance, you’re applying for help from experienced professionals as well as funding.
The process is pretty quick when you work with us, as we understand that you’re ready to start flipping. We don’t require tax forms or other financial information that many lending companies require.
We try to approve your project as fast as possible so you aren’t just waiting for months for an answer. The quicker that you can get to flipping, the quicker you can start expanding your portfolio, knowledge level, and income. We get that, and we’re here to help.
With the ability to fix and flip existing homes, we offer loans with no minimum requirements. So, whether you want to paint the walls and throw some carpet in the house, or completely gut it, there’s a loan plan that will work for you.
In addition to moving quickly, we aren’t going to dock any junk fees onto the loan amount that you’re applying for. What you’re paying is going straight towards your project.
Our disbursements are quick and simple, and any loan fees that we ask for are covered by the loan.
Our Terms and Conditions
Before we can start working with you to create an individual loan plan, there are some requirements you must possess to be eligible.
Once we know you fit the criteria, we’d be more than happy to set you up with a representative and start talking about your fix and flip loan!
We must see proof that you have experience in this area. Whether you’re an investor, remodeler, seasoned flipper, or new construction builder; we want to know what experience will make flipping this home a success.
Once we know that you have the physical experience to qualify for the fix and flip loan, we’ll want to see your credentials.
We require our builders to have the necessary licenses for their project before moving forward. Additionally, we’ll want to see evidence of past employer or client satisfaction. Acceptable credit histories must also be proven.
Once we know that you’re eligible for the loan as an individual, we’ll want to make sure your property fits our criteria as well.
We don’t offer funding for the remodeling or flipping of condominiums. The property should be a detached, single-family home or townhome. This property should also be within your scope of experience.
If you’ve only worked on homes that are 1,300 sq. feet which required minimal work, we can’t fund a 3,500 sq. foot home that needs to be completely remodeled. We look for consistency while lending to builders.
Lastly, our loans are maxed at $500,000 for fix and flip builders.
When it comes to our loan requirements, we require a variety of different types of insurance.
- Builder’s Risk Insurance
- General Liability Insurance
- Flood Insurance
We also will want a boundary survey to be done on the property, as well as a Lender’s Title Policy. We require consistent work upon disbursing the loan as well.
We use direct deposit to disburse money, including the invoiced materials and labor we are able to cover for your project.
When you choose Shepherd’s Finance for your fix and flip loan, you’re choosing personalized and unique care.
We have representatives with years of experience who are more than happy to answer any questions you have regarding the loan process. Should you have any questions, comments, or concerns outside of meeting times, our representatives are only a phone call or email away!
We take pride in our ability to create long-term relationships with our clients. We love to work with builders for multiple projects as we take the trust our clients feel with us very seriously. At Shepherd’s Finance you will never be just another client or another number.
You will always be treated as the valuable professional that you are!
Apply for Your Fix and Flip Loan Today
If you’re ready to take your home-flipping business to the next level, we’re ready to help!
Don’t hesitate to get the financing that you need to flip more homes, and don’t hesitate to reach out to us with any questions that you have!