Fix & Flip Loans
Oftentimes, the worse the property condition the more difficult it is to obtain financing. A majority of mortgage companies and banks will not fund the repairs needed on distressed opportunities. With Knollhaven Capital, you can secure funding needed to fix and flip properties of all condition levels.
TERM: 12 months standard18 month option case-by-case
REHAB/CONSTRUCTION FINANCING: Up to 100% of rehab budget
MAXIMUM LTC (% OF PURCHASE PRICE): Up to 90% LTC
MAXIMUM LOAN-TO-VALUE(LTV): Up to 75% ARLTV
RECOURSE Full Recourse Only
LOAN AMOUNT $50K - $5MM
LOAN PURPOSE Rehab loan for non-owner occupied residential investment property
BORROWER TYPE Entity required
PROPERTY TYPES Non-Owner Occupied: Attached or detached SFR. 2-4 unit properties, Townhomes, Warrantable Condos
EXPERIENCE NO prior experience required
If you have a project that doesn't check all of the boxes above, please reach out. Creating a solution tailored to your exact needs may be possible.