Fix and Flip Loans in Charlotte
Are you looking for quick fix and flip loans in Charlotte to rehab a property and turn it into an amazing deal? Then, you’re in good hands with CapSource LLC! We are a commercial mortgage brokerage, providing fast, flexible, and investor-friendly financing to real estate investors in the Charlotte area. With our streamlined loan approval and quick funding options, you’ll be on your way to making profitable deals in no time at all.
Property flippers in Charlotte create a positive impact on the entire community, which includes boosting home values, generating jobs, and increasing local tax revenues. Supporting these positive impacts, we offer you financing options with competitive rates, flexible terms, and quick closings. Our firm’s focus is to secure fast, cost effective funding for your real estate investment needs while providing you with the knowledge and blueprint needed to meet your real estate investment goals. We encourage you to choose our fix and flip loans in Charlotte and make more profitable deals faster. Don’t let the chance to make money pass you by, apply for a loan today to kick-start your house-flipping project!
Get the Funding You Need To Grow Your Real Estate Empire
Navigating the lender landscape and loan process can be difficult for both new and seasoned investors. At CapSource, we streamline the process by providing the knowledge and resources you need to understand fees, interest rates, and the length of the process to ensure a quick closing.
We provide flexible fix and flip loans in Charlotte for new investors and experienced who want to expand their real estate business. Give us a shout if you need investment funding for new purchases, rehab loans, short-term refinance, fix to rent, new construction, or otherwise.
Unlike anyone else in the industry, we close loans fast. Our loans are designed to help fund your projects by allowing you to avoid the headache of dealing with traditional banks and lenders. Indeed, our short-term, interest-only loan options can provide you with the extra capital you need to move your real estate portfolio forward. Whatever your project is, we have versatile loan structures to meet all your needs. CapSource LLC does all the financing, you take all the profit — it’s that simple.
Why Apply for Our Fix and Flip Loans in Charlotte
CapSource LLC’s fix and flip loans are designed to help you fund the purchase and renovation of distressed properties, then sell them for a profit. You will be working with one of the industry’s most experienced post-closing underwriting teams to ensure that the process goes smoothly.
Here are some reasons why clients keep coming back to us for their real estate financing needs:
- 12 to 24 months loan term (with extension)
- 75k and 250k (commercial) minimum loan amount
- Lowest rates and interest-only payments
- Fast and easy approval process
- Purchase, refinance, rehab, cash-out
- Non-owner occupied properties
- Up to 90% of the purchase price
- 100% renovation cost
- No prepayment penalty
- No minimum FICO required
- Beginner to experienced investors
- 1-4 SFR; 2-4 multi-family condos, townhouses,
We Finance. You Profit.
You have tried it all to finance your next fix and flip project, but everyone has turned you down. As a result, you are starting to feel like a failure. However, we are here to turn things around. We can partner with you to provide the capital you need to start your house-flipping projects, and turn them into cash flow as soon as possible.
With our partnership, you’ll find it easy to make strategic decisions — decisions where we can lend a hand. As your lending partner, we guarantee that our relationship will provide the following benefits:
Ultra-Fast Approval
We believe that a straightforward approach makes things easier. We work to ensure our customized process keeps you stress-free and has the funds when you need it.
One-Stop Source
Capital, coaching, and collateral — you name it! We are your one-stop shop for all the ingredients to success in your real estate ventures.
Solid Partnership
Partnering with us means partnering with a company committed to your goals. We prioritize business relationships that last and will lead to long-term success.
Flexibility
Whether your needs are large or small, our creative financing experts will ensure you receive the best terms and rates that fit your project.
Secure Your Fix & Flip Loan Today
As an investor, your time is valuable. You don’t have to waste it with various financial institutions who will then turn down your request for some reason. If you come straight to us, we will approve your loan in no time. Whether you need to fund single-family or multi-family properties in Charlotte, we can provide you with a loan to help you get the job done and scale your business.
We have funded nearly $500 million in loans for our clients, and time has proven that our clients are happy with our service.
Apply today for a no-obligation, complimentary loan analysis and assessment of your present situation.
Fix and Flip Loans in Charlotte: FAQs
What is a fix and flip loan?
A fix and flip loan is a short-term real estate loan designed to assist investors with purchasing, renovating, and reselling properties for profit. These loans are often viewed as risky by conventional lenders, which is where hard money lenders, such as CapSource LLC, step in.
Do you lend for both purchase and rehab costs?
Yes, CapSource LLC provides 100% financing for the rehabilitation and up to 90% of the purchase price on distressed properties in Charlotte, NC. We also offer equity-based lending for a variety of investment opportunities.
What’s your current rate for a fix and flip loan?
Rates are always fluctuating, but give us a call to find out our best rates. We are the on of the lowest lenders for fix and flip loans in Charlotte. Each property and borrower has unique characteristics that will determine the interest rate (It’s competitive, though!). If you want to find out how low our rates are, contact us, and we will email you a quote within 24 hours.
What types of properties do you offer fix and flip loans in Charlotte?
We specialize in fix and flip loans on the following types of properties:
- Single-family residence (with one to four units)
- Condos
- Townhouses
- Five or more unit apartments
Can a family member or a friend occupy my fix and flip property?
No, all of our loans are strictly for non-owner occupied investments.
Do you require a minimum credit score?
Some other private lenders will require a FICO. However, CapSource LLC is flexible, so we don’t need a minimum credit score. Our flexibility permits us to scrap credit scores and allow you to grow your business through our financing solutions.
If I apply for a fix and flip loan, do I need a business entity?
Yes. Individuals who would want to avail our fix and flip loans in Charlotte will need to be represented by an appropriate entity. For instance, an LLC, a limited partnership, or a corporation.
What paperwork do you need to fix and flip loans in Charlotte?
Thanks to our unique loan solutions, we can save you the time and hassle of navigating a traditional bank. In short, we make it as easy to get a loan for your next house-flipping project in Charlotte. We underwrite loans quickly, transparently, and with less red tape than a bank as well.
For loan approvals, please reach out and a rep will give you what we need.
What are your minimum and maximum loan amounts?
The amount of your loan will depend on the property type. However, you can borrow as much as 90% of the purchase value. Moreover, CapSource LLC can lend a minimum of 250K for multi-family/mixed-use properties with five or more units. For condos, townhomes, and SFR, you can borrow a minimum of 75K.
How long does it take to close my fix and flip loan?
Our goal is to provide quick and efficient funding for you.
Do you impose a prepayment penalty?
We do not charge prepayment penalties on our fix and flip loans in Charlotte.
