- Single Family
- 2-4 Units
9.99%-13.99% depending on a number of factors, credit and cash-on-hand included. We offer a product that requires no minimum credit, cash-on-hand, or income requirements.
Yes. We will hold the repair amount in escrow and release the money in escrow draws as the repairs are completed.
We have a product that requires no credit score minimum, income requirements, or cash-on-hand.
No, we only provide loans for non owner-occupied properties.
Yes, we solely lend to company entities, among them LLCs and corporations.
At closing, all of the repair funds for a property will be held in escrow for release in draws.
The borrower will submit an escrow draw request, and within 24 hours, one of our loan servicing specialists will review the request. Within 48 hours after submitting the request, funding should be released. It is important to note that should a borrower submit inadequate documentation of the work to be completed, or already completed, this will delay the release of funds. Some escrow draws will require a site visit by one of our loan servicing specialists, which may also delay a draw request. A site visit can also be automatically scheduled as a result of poor documentation provided in an escrow draw request.
We don’t make any money on escrow draws. The cost of the draws support our loan servicing staff to ensure that the work is done properly and up to code.
Our loan amounts have no minimum and can go up to $1MM (with exceptions).
Investor Loan Source is a private money lender offering short-term purchase loans to real estate investors for investment properties. Locating Fix and Flip lenders that understand your market is very important. Get a private money loan for an investment property purchase, rehab or new construction in your area.
Fix And Flip Loans
Rates as low as 10.99%*
Investor Loan Source fix and flip loans can provide the cash you need to grow your real estate investment property portfolio:
- Closings in as little as 5 business days after appraisal
- No hurdles- flexible loan options designed to meet your strategic needs
Advantages of our Fix and Flip Loans
- Up to 100% of property purchase amount
- 100% financing on rehab costs
- Up to 70% ARV
Ready to get started with a fix and flip lender that knows the your market?
Speak to an expert today by calling 409-RE-LOANS or Apply Now!
Resources to help make you successful.
Home Staging Tips for Fix and Flip Properties
You’ve worked hard getting your fix and flip renovations done so you can get your investment property on the market. But before you begin showing your flip, there is one important step you may not want to skip that can maximize your return on investment – staging the home. Many studies show that not only … Read more
Money Maker or Money Pit?
Red Flags to Look for Before Buying Your Next Fix and Flip Property For fix and flip real estate investors, there’s nothing better than finding that perfect “diamond in the rough” property. It’s like a dream come true. It’s in the perfect location at the right price, but is what we like to call “an … Read more
The Basics of House Flipping
Do you ever watch reality tv house flipping shows and dream about making a big profit in weeks? Real estate investors that purchase homes in need of repairs and cosmetic work can earn huge returns in a relatively short period of time. It’s important to keep in mind that house flipping involves work and careful … Read more
How to Add Curb Appeal
You only get one chance to make a first impression. Having good curb appeal is one of the most important factors in attracting buyers to sell your fix and flip homes quickly. If your curb appeal is lacking, the right buyers may never even set foot in your home. Walk around your home and look … Read more
What Newbie Real Estate Investors Should Do in Lockdown
The real estate business isn’t easy to deal with, especially if you’re new to the industry. You may have to double your efforts to keep up with veterans and larger players in the field. You can contact money lenders who can help you with financing a real estate investment. And, during the lockdown, it’s best … Read more
A Letter from Our CEO, Tom Berry
As I write this letter, I can’t help but think that this will probably be the craziest, most unpredictable experience of my lifetime. First, I hope you and your family members are well and are in good spirits and optimistic about the future. I read in a “good book” one time that “without vision, the … Read more
Estimating Cash Flow on Multi-Family Rental Property
In the real estate industry, having skills in math is a must, especially when there’s profit involved. According to investment lenders, by estimating the potential cash flow, seasoned investors can tell if the multi-family rental property on the table is worth the time and money or not. The good news is, you don’t have to … Read more
How Hard Money Loans Can Help Close Deals Quickly
Hard money loans are an excellent choice for purchasing a property that you intend to flip or use as a rental. They can be easier to obtain than other loans, especially for borrowers that don’t have a high credit score or are looking for faster funding than traditional loans provide. If you’re purchasing real estate investment … Read more
Why Choose a Hard Money Loan for Distressed Property Deals?
A distressed property is a property that’s being sold by the lender or is in foreclosure. There are a few different reasons a property may be in this situation, but regardless of the cause, a distressed property offers a great opportunity for investors to get a great purchase price and significant profit. If you’re considering … Read more
The Perks of Investing in Commercial Property
When it comes to smart investments, real estate is usually a safe bet. Though both commercial and residential properties can be excellent opportunities, commercial properties tend to offer a bigger financial payoff than single-family homes and rental apartments do. But that’s not the only advantage they have over residential properties. Before you begin looking for … Read more
Hard Money Lending vs. Crowdfunding: A Realty Test
Real estate investing can turn a substantial return when investors understand market trends and demographics and have a good understanding of what will make a good investment property. Investing in real estate requires capital, which is not always readily available, especially when you’re beginning the investment process. Fortunately, there are different ways you can obtain … Read more
Top Considerations before Investing in a Real Estate Project
Investing in real estate is an attractive option for new and old investors alike. However, no matter where you fall experience-wise in investing, it’s crucial that you go into real estate investment understanding a few important factors. If you’ve been presented with a new opportunity for real estate investing, here are some things you should … Read more
Top Hard Money Loan Exit Strategies
Hard money loans are a great way to get into the world of real estate investments. These loans don’t have as stringent of income or credit score requirements, so they’re a great option for many borrowers. However, the duration term is much shorter than conventional loans and hard money loans usually have higher interest rates … Read more
The Five C’s of Securing a Commercial Real Estate Loan
There’s no doubt that commercial lending practices have become more regimented since 2008, since lenders must take additional steps to protect themselves from losses by evaluating the credit worthiness of commercial borrowers. This enhanced focus on the credit worthiness of borrowers and their loan requests has in some ways restricted lending, but it represents a … Read more
Investing in Transitional Properties With Hard Money Loans
“Transitional property” is a newly coined term for something that’s been around for ages. It poses bigger risks than typical properties, but its return on investment is better. What Qualifies as a Transitional Property? It’s a structure or piece of land that’s changing from one type of real estate to another. Some examples include an old … Read more
Tips for Avoiding Common Hard Money Lender Scams
For many engaged in real estate investing, hard money loans, also known as bridge loans, can be a helpful tool in financing transactions quickly and efficiently without the need for an extensive approval process. That’s because the loan approval is not based on the credit worthiness of the borrower, but rather the appraised value of … Read more
How to Maximize Return on Your Commercial Real Estate Investment
There’s always a degree of risk in any investment. However, there is a tremendous upside in that you can make great gains with a little savvy, research, knowledge, and good luck. Commercial real estate investment can offer one of the most reliable and lucrative types of real estate investment opportunities. Because of that, commercial real … Read more
Is a Fixed or Variable Rate Best for Your Investment Loan?
There are numerous ways to make a big profit in real estate, whether you’re planning to flip homes, purchase more rental properties, or sell rental properties to tenants. However, you need a good amount of capital to do this, so it’s important to know which loans will best meet your needs. Investment lenders in Texas … Read more
A Loan-to-Value Ratio Guide for Real Estate Investors
Loan-to-value ratios are an important metric for investor real estate loans in Texas and other states. LTVs determine the amount of the loan by comparing the value of the property involved. As a real estate investor, you need to be familiar with loan-to-value ratios. Here is a guide that will help you understand the basics. … Read more