Fast Fix And Flip Financing
Fix and flip investments can be extremely profitable for real estate investors. As a hard money lender specializing in fix and flip loans, ABL’s primary focus is providing fast and reliable access to capital for our investors.
It takes talent to be able to spot a problem property and envision a renovated, sale-ready home. It also takes money to acquire the property and do the work. We primarily provide 12 month loans to both first time and experienced investors. In a state like Florida, where home values and population are increasing, and time on market is decreasing, investing in real estate is a smart and savvy strategy.
Whether you’re a new investor or have done multiple deals, ABL has assembled a fix and flip guide for the state of Florida that breaks down investing in the sunshine state and ensures the right path forward.
Access to quick, reliable funding is critical to the success of any fix and flip deal. In a hot market like Florida, having the ability to close quickly gives investors a distinct advantage in the purchasing market. ABL provides financing solutions that typical lenders cannot. We can close in as few as three days and our average closing time is 10 days.
ABL has close relationships with many Florida borrowers who invest in some of the top fix and flip cities in the state. Our investors can rely on us to cover up to 90 percent of purchase price and 100 percent of rehab costs so they can focus on what really matters- flipping their property for a profit!
ABL is extremely active funding new construction projects in Florida with hard money loans. When conventional financing is not the right answer for a project, experienced investors, contractors and builders can trust us as a top hard money lender to fund 60 percent of the land value and 100 percent of construction costs.
Our underwriting criteria is flexible; we have no minimum credit score requirement. However, we won’t fund a loan if a borrower’s experience doesn’t convince us that everyone involved in the deal will profit.
Top Hard Money Lender in the State of Florida
ABL selectively chooses to lend in 7 states that we know can be profitable for both us and our borrowers.
Recently, we expanded our loan programs from previously only servicing south Florida to now, the entire state. Our research and evaluation processes are extensive. We only decide to lend in areas that are prime locations for real estate investments and we can proudly say that Florida is one of the best!
Because we are a regional lender and knowledgeable about the areas we lend in, borrowers can trust our loan officers and underwriting team to assist them in identifying good deals and avoiding bad ones.