The investor bought the property at the right price and knew the after repair value (ARV) to the tee, reselling the home within 90 days at the exact number they had penciled out.
We like to see fix and flips work so successfully for our investor clients. With experienced investors, with expert knowledge of their area, these types of scenarios happen quite frequently.
Fix and Flip Financing Terms:
- $730,000 Loan Amount (Total Including Purchase & Rehab Funds)
- 12-Month Term
- No Prepayment Penalty