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Fix-n-Flip Loans

The Private Commercial Finance & Capital Group, LLC has real options for real estate investors looking to rehab (fix and flip) single-family houses, 2-4 units or multifamily. The terms and rates listed below are examples of what you could receive for your particular property. All loan programs, terms and rates are based on property valuation and borrower credit. Please call Troy at 804-658-7179 to discuss your particular scenario.

Single Family or 2 to 4 Units Rehab Loan

For loans used to fix and flip multifamily buildings – click to jump below.

Loan Use: This loan is available to real estate investors who buy single-family houses or 2-4 units that are in disrepair and fixes them up to sell on the market to an owner-occupant for an acceptable profit.

Minimum Loan Amount: None | Minimum FICO Mid-Score: 600 | Prepayment Penalty: None

Loans $75,000 or less are capped at 65% ARV.

Loan to Cost: 90% | Loan to Value: 70% | PCFC Group Broker Fee: 1%

Borrowers with a FICO of less than 680 qualify only for 85% LTC and 65% LTV.

Term: 13 months, Fixed Interest, Balloon Note | Interest rate is determined by investor experience (see below)

Flips Completed

Origination Fee

Interest Rate

Interest Charged on Undrawn Construction?

0 to 1 in past 2 yrs

3.5%

12%

Yes

2 to 4 in past 2 yrs

3%

11%

Yes

5 to 14 in past 2 yrs

2%

9.99%

No

15+ in the past year

1.5%

7.99%

No

 

To learn more about the Borrower Underwriting, Property Underwriting and Construction Draw Schedule for this loan,
sign-up below and you will get a copy of our loan package guide!

Multifamily Rehab Loan

Loan Use: This loan is available to real estate investors who buy apartment buildings (5 units or more) that are in disrepair and fixes them up to sell on the market to another investor for an acceptable profit OR refinances into a permanent loan to hold.

Minimum Loan Amount: $250,000 | Minimum FICO Mid-Score: 670 | Prepayment Penalty: None

Maximum loan amount is $5,000,000.

DSCR: No “as-is” DSCR requirements | PCFC Group Broker Fee: 1%

No “as-is” occupancy requirements.

Term: 2 Year Interest Only | Lender Origination Fee: 2.5% to 3%

Types of Financing: Purchase/Rehab, Refinance/Rehab, or Cash Out

Max Leverage: 80% for Purchase/Rehab – 70% for Refinance/Rehab – 55% for Cash Out

Interest Rate: Determined by investor experience (see below)

Level

Credit

Ownership/Experience

Rate

Origination Fee

1

670 to 709

Moderate

10%

3%

2

710+

Strong

8.99%

2.5%

 

To learn more about the Borrower Underwriting, Property Underwriting and Construction Draw Schedule for this loan,
sign-up below and you will get a copy of our loan package guide!