A “fix and flip” loan is a short-term bridge loan used to purchase property with the intent to sell it for a profit after the renovations are complete. A fix and flip loan is a great fit in the following situations:

1. When you need to close fast (Our average time to close is 7 days!)
2. When the property needs renovations.
3. When you need high leverage (We offer up to 90% LTC)
4. When the property is not yet stabilized, leased up, or generating any income.
5. When you can’t provide verifiable income (no tax returns available).
6. When you only want a short term loan with no prepayment penalty

At Amcap home loans, our fix and flip loans close very quickly… even in as little as 7 days! Our fix and flip loans require no personal income verification and very little documentation! Our Fix and Flip loans are a great way to start leveraging your existing capital and generate more income with the ability to close & flip more projects at once!