Fix and flip

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We are very keen on financing all sorts of fix and flip deals as we know this every Real Estate investor's dream. We are here to be your financing partners as we want to partner with you and grow together. We have financed over 4000 fix and flip deals in the last three years. All investors and anyone willing to learn are welcome to apply to this program.

GENERAL GUIDELINES

  • Owner and Non-owner Occupied

  • Lending across all states

  • Purchase, and Rehab included

  • Interest rate at 4%

  • up to 100% LTV

  • $50K-$2 Million

  • SFR, MFH, 1-4, 5+, Condos

  • Interest Only/balloon Payments

  • Stated Income/Bank Statements Only

  • No Minimum FICO Requirements

  • No Pre-payment Penalty

  • Loan duration for up to 3 years

DOCUMENTS NEEDED

  • Valid Identification(Such as Driver's License, International Passport & National Identity Card)

  • Recent Bank Statement not less than 2 Months

  • Pay stubs

  • A copy of a business license such as a LLC registration document, EIN certification (Optional-only if you wish to apply and close with a business name)

Eligible Properties for Fix & Flip Loans

Single Family

Single Family is classified as one to four-unit residential use dwellings including condominium, P.U.D., townhomes, duplex's, triplex's, and quadplex's. HouseMaster, we will lend to real estate investors and entities looking to purchase, refinance, fix & flip, or buy to rent from $50,000+.

Multi Family

Multi-family is a classification of housing where multiple units (5+) for residential use are contained within one or more buildings within one community or complex. At HouseMaster, we will lend to real estate investors looking to purchase or refinance multi-family properties with loan amounts of $250,000+.

Mixed Use

Mixed-use is a type of development that blends residential and commercial uses into one integrated complex or building. At HouseMaster, we will lend to real estate investors in the following scenarios: purchase, refinance, bridge to stabilization, bridge to sale, or bridge to construction take out on mixed use projects with loan amounts from $250,000+.

Personal Documents

  • Loan Application

  • Track Record

  • Recent Bank Statement

  • Drivers License and/or Passport

Business Documents

  • Articles of Incorporation

  • Operating Agreement (LLC) or Bylaws (Corp.)

  • EIN Letter