Since 2013, First Capital Trust Deeds (FCTD) has originated 700+ hard money fix and flip loans, particularly for properties in California. This blog post will highlight some of the best examples from California and throughout the country, to give you an idea of the loan amounts that have helped real estate investors bring their projects to fruition.
FCTD provided a long-time investor with a $3.85 million fix and flip loan on this ocean view home in La Jolla.
FCTD worked with the investors to acquire this Encinitas home, transforming it from an outdated ranch to a modern 2-story.
An experienced investor transformed a Costa Mesa ranch home by adding an accessory dwelling unit (ADU) to the back of the property.
FCTD provided a developer with the financing to acquire and renovate a 1950s beach cottage into a brand new 2-story home, just steps from the water.
FCTD’s investor client brought life back into a mid-century modern home in Palm Springs.
Fix and flip lender Kiavi turned down this project due to the high loan amount. FCTD secured acquisition + rehab financing for the borrowers.
FCTD provided the investor with a 10% down payment fix and flip loan to acquire a cosmetic fixer-upper in San Jose, coming in at 90% LTV on the purchase + 100% rehab financing.
This is another example of a high-leverage fix and flip loan with 85% LTV purchase + 100% LTC rehab financing.
This investor used 80% LTV for the purchase + 100% LTC rehab financing.
The investor acquired this Moraga property with a $1 million purchase loan and $500,000 for the renovation.
The investor used a fix and flip plus rehab loan on this property in Southern Oregon.
A Portland real estate investor transformed a 100-year old home in Northeast PDX.
This REO purchase and cosmetic flip was funded by an 88% LTV fix and flip loan.
An experienced real estate investor quickly turned this Nampa, Idaho home around for a quick flip.
Long-time investors acquired and successfully flipped an SFR in Greeley, Colorado.
Experienced real estate investor utilized hard money fix and flip + rehab financing to renovate an SFR with a great view of the valley.
FCTD secured a private money purchase + rehab loan for a Hawaiian investor.
FCTD provided a real estate investor and developer in Chicago with the hard money fix and flip financing to renovate two homes.
Properties in Coral Gables and Boca Raton, Florida were flipped with high-leverage fix and flip plus rehab financing.
These hard money fix and flip loan success stories are just a sampling of the projects FCTD's real estate investor and rehabber clients take on. FCTD originates fix and flip loans between $150,000 and $10 million for numerous investment properties across the country.
4 min read
Ted Spradlin : Jan 24, 2024 6:48:37 AM
Over the past 10 years, high-leverage fix and flip investor rehab loans have become a popular private money and hard money loan program for house...
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Ted Spradlin : Feb 3, 2024 3:49:32 PM
Fix and flip loans are the primary source for funding a fixer-upper project, and understanding how they work is pivotal to your planning and success....
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Ted Spradlin : Jan 21, 2024 12:00:24 PM
If you've always wanted to flip houses and just found a great deal on a fixer-upper that would make a perfect flip, your next step is to find the...
Ted Spradlin
