We currently lend in Texas, Florida, Ohio, Indiana, Louisiana, Virginia, Georgia, Oklahoma, Colorado, Kansas, Missouri, Alabama, Tennessee, Kentucky, Virginia, North Carolina and South Carolina.
- Single Family
- 2-4 Units
We offer competitive rates that depend 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. Call us at 409-735-6267 or email a loan specialist for details.
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
Competitive Rates
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 LoansÂ
- Up to 100% of property purchase amount
- 100% financing on rehab costs
- Up to 70% ARV
NEW! One Time Close Fix to Rent Loan
You asked for it...and we listened. Investor Loan Source is excited to announce a new loan product we will now offer nationwide. Our exclusive One Time Fix & Rent loan is like getting two loans for the price of one. It begins as a short-term loan, then converts to a long-term loan after 12 months. We've been working on this product for over a year and we are finally able to offer it. Here are the details:
- Months 1-12: Short Term Rate
- Months 12+: Converts to a 20 or 30 year ARM or a 20 year fixed rate at a competitive rate based on the long-term loan you qualify for
- One time processing fee of 5%
- A TRUE one time close
- Savings of approximately $1,500-2,500
Ready to get started with a fix and flip lender that knows the your market?
Speak to an expert today by calling 409-735-6267 or Apply Now!
Resources to help make you successful.
House Flipping 101
Whether you’re looking for a new career or just a way to make money on the side, flipping houses can be profitable and rewarding if done right. In 2019 approximately 245,864 homes were flipped in the United States. The median gross flipping profit on home flips in the fourth quarter of 2019 was $62,500. Sounds like … Read more
Different Types of Investment Loans for Real Estate Property
Do you know the different real estate investment loans? Learn more from Investor Loan Source, a top investment property lender offering loans nationwide. Are you planning on investing in real estate? There are primarily two ways to do this, either with cash or with an investment loan. Not all real estate investors have cash on … Read more
Determining Fair Market Rent for Your Rental Property
At Investor Loan Source, we’re here to help you get the funds you need to invest in real estate. Rental properties can be an excellent source of income, and our real estate investor funding is a great way to get one or more rental properties under your belt so that you can begin collecting rent. … Read more
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