Fix & Flip Loans

These loans are used to finance Fix-and-flip projects.

The loan covers up to 90% of the purchase and 100% of the renovations. 

Key differences from traditional mortgages:

• Speed: Fix & Flip loans are known for quick approval and funding, often within days, compared to the weeks or months for traditional mortgages.
• Approval Criteria: Lenders prioritize the property's value and potential, while traditional lenders focus more on the borrower's credit score, income, and debt-to-income ratio.
• Interest Rates: These loans generally have higher interest rates (e.g., 9.25% compared to traditional mortgages that might be at 6%).
• Repayment Terms: These loans have shorter repayment periods, usually one year, compared to 15-30 years for traditional mortgages.
• Down Payment: These loans require 10% - 20% down payments, which are similar to longer term financing.
• Regulation: Fix & Flip lenders are not subject to the same strict regulations as traditional lenders.

HIGHLIGHTS:

• Quotes Within Hours Not Days 
• Funding Within 5-7 Business Days
• Loan Amounts - $100,000 - $5,000,000
• No Application Fee
• No Interior Inspection

EASY TO QUALIFY!

• No Experience Required
• No Income Documents
• No Bank Statements
• No Tax Returns

Call me if you need this type of loan and I can take your information over the phone. I'll fill out the quick quote form for you. 

If you prefer, you can click the button below to fill out the form and submit it.

I can get you a quote usually within 2-4 hours and the loan can close within 10 business days. 

** Note that the property must be located in California.

CLICK TO VIEW THE REQUIRED DOCUMENTS

CLICK TO VIEW OUR LOAN PROCESS

______________________________________________________________________________________________________________________________________________________________________________

I ALSO OFFER THESE SERVICES:

I LIST AND SELL PROPERTIES
If you are a homeowner who would like to list your property for sale to reach buyers who can offer you a higher market price, I can list your property and place it on the MLS, where it will be forwarded to all websites where buyers are searching for homes. 

Once a buyer makes you an offer that you accept, I will place it into escrow and manage the process through closing. 

My fee is paid by the seller when we close escrow. The fee is based on the actual sales price. 

I BUY PROPERTIES FOR CASH
• I buy properties from homeowners who need to sell quickly for various reasons 
• I buy properties for cash or I take over the loan, paying back payments if any, to bring the loan current
• I give cash to the homeowner for part of their equity
• The homeowner makes no repairs (the property is purchased as is)
• The homeowner pays no sales commission or closing costs   ________________________________________________________________________________________________________________________________________________________________________________

Call, text or email me and I will do my best to help you!

Cheryl Gollnick (951) 318-6420

________________________________________________________________________________________________________________________________________________________________________________

SMS Terms & Conditions                   
By submitting your phone number on this website, you explicitly consent to receive recurring informational text messages from RE Capital Loans regarding property evaluations and housing options at the phone number provided. Message frequency 1 to 5 times. Message and data rates may apply. Reply STOP to opt out at any time. For assistance or support terms, reply HELP or contact our customer support team directly at (951) 318-6420 or via email at cheryl@recapitalloans.com.