Fix and Flip Financing

Fix & Flip Financing

Obtain financing for up to 90% of the purchase price + up to 100% of the renovation costs with rates starting as low as 7.74%

LOAN CRITERIA

Collateral:
Non-Owner Occupied 1–4 Family Real Estate; Condos; Townhomes

Rates:
Starting at 7.74%
Interest Only Charged on Outstanding Balance

Term:
12 Months

Loan Amount:
$50K–$2M
LTV:
Up to 90% of the Purchase Price + 100% of the Renovation Costs
(Not to Exceed 75% of the After Repair Value)

Property Value:

“As-Is” Appraised Value Must Be Greater Than $50k

Credit Score:
620 Minimum Experience: Prior Real Estate Investing Experience Not Required
But Affects Leverage & Pricing

APPLY TODAY!

Gretchen Guarino and Dave Guarino
Magis Funding Solutions LLC
716-544-2932
gretchen@magisfunding.com & dave@magisfunding.com
www.magisfunding.com

Fix & Flip Financing

Fast Financing that Fits Your Real Estate Investments

New Investor Intermediate Investor Experienced Investor
Experience Completed 0–2 Flips or Owned 0–2 Rental Properties in the Last 3 Years Completed Between 3 & 10 Flips or Owned Between 3 & 10 Rental Properties in the Last 3 Years Owned 10 or More Investment Properties (Flips and/or Rentals) in the Last 3 Years
LTV Up to 80% of the Purchase Price + 100% of Renovation Costs;Not to Exceed 70% of the After Repair Value Up to 90% of the Purchase Price + 100% of Renovation Costs; Not to Exceed 75% of the After Repair Value Up to 90% of the Purchase Price + 100% of Renovation Costs; Not to Exceed 75% of the After Repair Value
Rates Starting at 10.49% Starting at 8.49% Starting at 7.74%
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