Fix & Flip

Quick Closing, 100% of Rehab Funded, Easy Draw Process

Overview

Securing financing for a house-flipping project can be challenging and time-consuming for investors because traditional banks do not usually provide loans for distressed properties. The difficulties are compounded for new investors who may have limited resources and no track record of successfully completed projects. Whether you are a beginner or a seasoned-pro, CapSource can help leverage your working capital by providing short-term financing for the purchase & rehab of non-owner occupied properties. Our interest only, no pre-payment penalty loan options allow you as the investor to get in and out of your next investment project with little money down and no hidden fees.
Speed

Speed

A streamlined, user-friendly process that gets you from contract to closing with ease.

One Source

Capital, coaching, and collateral in one source. Your one-stop shop for all your real estate needs.

Partnership

Our partnership is focused on building long-lasting, profitable relationships.

Flexibility

We employ creative financing to ensure you receive the best terms and rates that fit your project.

Collateral:

Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes: 5+ Unit Apartments; Mixed-Use Properties

Term:

12-24 Months with Extension Options

LTV:

Up to 90% of the Purchase Price + 100% of the Renovation Cost; Not to Exceed 75% of the ARV

Pre-Payment Penalty:

No Pre-Payment Penalty

Minimum As-Is Property Value:

$75k SFR, $35k per Unit 2-4 Family, $50k per unit Multi-Family (5+)/Mixed-Use

Credit Score:

660 minimum median

Loan Amount:

$100k Minimum for 1-4 SFR, Condos, Townhomes, PUDs

$250k for Multi-Family (5+)/Mixed Use

Experience:

No Experience Required