Texas and Ohio
- 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 can range from $25K to $1M (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 9.99%*
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 75% 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!
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