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FIX 2 RENT

FIX 2 RENT

Fix 2 Rent Loans

  • Loan to Value (LTV):
    • Up to 90% of purchase costs
    • 100% of rehab budget
  • After Repair Value (ARV): Up to 75%
  • Loan Term:
    • Rehab: 13, 19, or 24 months
    • Rental: 5, 10, or 30 years
  • Loan Amount: $50,000 to $10,000,000
  • Eligible Properties: Single-family homes, 1-4 units, condominiums
  • Occupancy: Non-owner occupant
  • Lien Position: First lien position
  • Experience: Preferred but not required
  • Credit Score: 680
  • Closing Time: Close in 3 weeks