85% LTV Fix and Flip Private Money Loan In Long Beach

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85% LTV Fix and Flip Private Money Loan In Long Beach

First Capital Trust Deeds secured a 85% LTV fix and flip private money loan in Long Beach for an experienced investor doing a cosmetic flip on a distressed duplex.

The borrower did a great job sourcing this short sale, buying the property at a significant discount off of as-is value. When this scenario plays out, we are often able to secure loans in the 85-90% LTV of purchase price range, which allows investors to have more money for renovations or even for the down payment on another property.

Fix and Flip Financing Terms:

  • $297,500 Loan Amount
  • 12-Month Term
  • No Prepayment Penalty
Do you have a similar financing scenario?
Inquire about your financing options with FCTD.