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RCD Capital is a private money lender that offers fix and flip loans in California For 1-4 Units, Multi-Family (5 Units), Or Mix-Used Property. <br>There is no prepayment penalty, you have to pay the interest only on the outstanding balance, not on the full loan amount. You can visit our website for more information. www.rcdcapital.com
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A Comprehensive Guide on Fix and Flip Loans www.rcdcapital.com
Flipping property is a popular investment option for institutional investors and individuals. Fix and flip loans help cover the gap between the property's purchase price and the renovation costs, and the buyer's capital.
What are Fix and Flip Loans? Fix and flip loans are short-term loans used mostly by real estate investors for purchasing and improving the properties to sell them in the future at higher prices to make profits. The property improvements can range from minor renovations to complete reconstruction of a house.
What Can You Do With Fix and Flip Loan? Purchase A borrower has the option to buy a property that is not getting sold from a distressed seller. He will get heavy discounts on it and earn profit by selling it at higher prices with some minor renovations.
RENOVATION A borrower can decide to buy an old single-family house and renovate it into something appealing before putting it on the market for selling it. Renovations might include the installation of new kitchen cabinets, hardwood floors, or replacing the floor tiles.
CONSTRUCTION A borrower has the option to purchase land with a shabby house in it, demolish all of it and replace it with a newly constructed residential house to sell it.
THANK YOU! Email us at info@rcdcapital.com if you have any question www.rcdcapital.com 800.369.7009