Fix and Flip Loans
In today’s competitive housing market, cash and speed are crucial for successful property flips. As a real estate investor with an eye for hidden gems. You’re drawn to undervalued properties brimming with potential, just waiting to be transformed. This is where fix and flip loans step in as your indispensable tools for property transformation.
At ATC Managers, we provide financing act like cash, empowering you to make competitive offers on properties you might otherwise miss. Our fix and flip loans cover up to 80% of the purchase price, allowing you to retain the necessary cash for renovations. With no prepayment penalties, you can sell the property as soon as it's ready. Additionally, we don’t charge extension fees, so if your project takes longer than expected, you can confidently keep your loan with us for as long as you need.
General Loan Rates and Terms
Loan Sizes:
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Ranging from $5,000,000 up to $80,000,000+
Fixed Rates:
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Starting at 9.7% APR
Monthly Payment:
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Interest Only
Loan Term Duration:
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6 to 48 months, extensions available
Loan-to-Value (LTV) Rates:
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Up to 85% LTV for commercial properties
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Up to 70% LTV for raw land
Loan-to-Cost (LTC) Rates:
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Up to 90% LTC for construction and renovation projects
After Repair Value (ARV) Rates:
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Up to 70% for fix-and-flip projects
Closing Costs:
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Typically range from 1 - 5 Points, paid by borrower, includes appraisal, legal, and processing fees
Collateral Options:
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Flexible collateral requirements including real estate, equipment, and inventory
Pre-Payment Penalty:
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No additional fees for paying off your loan early
Average Funding Duration:
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10-15 days from application to funding
Service Areas:
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Nation-wide
Let's work together to find the perfect funding solution for you. Fill out our online application today and take the first step towards achieving your financial goals.