FIX AND FLIP FINANCING
Financing Tailored to the Needs of Property Investors
At Wingspan Funding Inc., we specialize in crafting financial solutions for all real estate investors, from novices to seasoned professionals. We acknowledge the unique challenges encountered in the property flipping business, so we offer accessible and adaptable fix and flip financing options. Fix and flip financing allows investors the ability to purchase distressed or undervalued properties with the intention of making significant improvements or renovations and then selling quickly – typically within 12 months of closing. The goal is to enhance the property’s value through renovations and repairs, thereby maximizing the potential sale value. Our funding options range from lines of credit to loans, suitable for acquiring and rehabilitating single or multiple properties.
Lines of Credit for Fix and Flip Projects
Our fix and flip lines of credit offer the necessary resources to manage from single property flips to hundreds of simultaneous projects.
Key features of our lines of credit include:
- Credit limits maxing out at $5 million
- Applicable for 1 to 500+ properties
- Financing up to 90% of property purchase costs
- Covering up to 95% of renovation costs
- Generous terms up to 12 years
- Expedient closings in as little as 12 days
Fix and Flip Loans:
Wingspan Funding extends fix and flip loans to property investors of all levels:
- Loan sizes up to $10 million
- Covering up to 85% of property purchase costs
- Financing 100% of renovation costs
- Terms extending to 24 months
- Competitive interest rates
- No penalties for early repayment
- Swift closings between 10 to 17 days
Eligible Properties
Our fix and flip financing options can be used for a variety of property types:
- Condominiums
- Single-family homes
- Multi-unit buildings
- Townhouses
Contact Us
Whether you’re planning your first fix and flip, juggling multiple projects, or seeking additional funding to maintain momentum, reach out to Wingspan Funding Inc. today.