Loans Custom Built For Real Estate Investors
Whether you buy and hold, fix and flip or build to rent CambridgeHomeLoan has the funds to make your dream a reality. We are the nations Number One Lender for Fix and Flip and Fix to Rent investment loans. We can lend up to 90% of the purchase price and 100% of the rehab amount. Funding in as little as 5 days. When it comes to fix and flip there is no better partner than CambridgeHomeLoan.com.
We lend in all 50 States and whether it is your first $100,000 investment home or your 10th multi million dollar hi rise, CambridgeHomeLoan makes the financing part of your transaction a breeze. If you would like to speak with an expert real estate financing consultant about your project call 800-826-5077.
Pointers for a successful fix and flip investment
Take these simple steps to invest in fix and flips.
1. Know your market. Engage the most knowledgeable realtor in your market and see if they will work with you. You have a built in expert in home values, rentals and possibly someone who sees deals first.
2. Drive your market. Drive the area where you want to invest. Look at the condition of the houses, the lawns and landscaping. Get a feel for the area and the types of houses. Look for real estate signs. Lookup houses for sale and check the square footage, finishes, amenities, recent listing and sale prices. On weekends go to realtor open houses.
3. Find a reliable contractor. Without someone to properly price and manage repairs and upgrades you are dead in the water. An investment that should take 1 month could take 6 months throwing off your cash flow and throwing out your profit.
4. Keep your credit in great shape and get to know your lender and their fix and flip programs. Once your lender gets to know you it makes it easier to provide the best products at the lowest rates for your fix and flip home loan. Good partners create success.
Expert Real Estate Financing Advice
Minimum Property Requirements (MPRs) For A VA Home Loan MPR’s VA has established Minimum Property Requirements (MPRs) to protect the interests of Veterans, lenders, servicers,