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Fix and Flip
At Elite lending Partners we are direct lenders that have extensive experience with providing funding for acquisition and rehab projects as well as bridge financing. Our loan program allows for flexibility and quick access to capital that is in line with our swift underwriting procedures. We lend on loan sizes up to max of $5M on a 1 to 2 year short-term loans.
What We Provide
For non owner occupied real estate investments
At Elite lending Partners we are direct lenders that have extensive experience with providing funding for acquisition and rehab projects as well as bridge financing. Our loan program allows for flexibility and quick access to capital that is in line with our swift underwriting procedures. We lend on loan sizes up to max of $5M on a 1 to 2 year short-term loans.
What We Offer
- Collateral-based loans, up to 90% of the acquisition and 100% of the renovation cost, closing within 5+ days, not credit sensitive, Commitment In 24 Hours, Underwrite and Fund In-House. m $250k to $10M
- Nationwide Footprint
- Fast approvals and funding since we are not a bank
Further Advantages
- No prepayment penalties, you ONLY pay for what you use.
- We offer up to 90% of Purchase and 100% of Rehab or 75% ARV
- No monthly minimum, where the investor is locked in for 3-6 months of payments.
- Unlimited draws, no lien waivers, No photos, No invoices, simple inspection, simple draw.
- No junk fees.
- H.M. Rates starting from 9.75%+, based on LTV (pro rata)
Convienance for you
Borrower/Sponsor:
- Resume / Summary of experience showing 2+ previous completed deals
- Personal Financial Statement
Are fix and flip loans revolving?
Fix and flip loans come in several shapes and sizes—ranging from lines of credit to federally-guaranteed rehab loans. Some of these financing options are term loans, while others are revolving. All fix and flip loans, however, are secured—typically by the property being rehabbed.
What else we do
- Elite Lending Partners are proud to offer all of our services internally:
- Closings
- Underwriting
- Inspections
- Draws
- Construction Management
Join Us on Your Investment Journey
At Elite Lending Partners, we are committed to helping you achieve your real estate investment goals. Whether you’re a seasoned investor or just starting out, our team of experts offers tailored financing solutions with competitive rates and flexible terms. Let us be your trusted partner on the path to financial success, providing the guidance and support you need every step of the way.
