What Property Investors Should Know About the Benefits Of Fix and Flip Loans
                     What Property Investors Should Know About 
the Benefits Of Fix and Flip Loans
Are you a real estate 
investor? Do you want to 
take advantage of 
fix and flip loans in Cali
fornia
? As more & more people 
get into house flipping, 
getting a fix and flip loan 
is turning out to be more 
popular. Here is what 
property investors should 
know about the benefits of 
fix and flip loans.
Quick approval:
The time it require to close a fix & flip loan is pretty short in comparison to conventional 
loans. This is due to the fact that they are typically made by private investors in place of a 
bank or credit union.
The application procedure for such type of loan is fast. You will need to show a plan 
demonstrating how you can pay off the loan after the property has gotten rehabbed. The 
private lender is mainly interested in the project more than they are the individual they are 
lending to. You can anticipate to get approval for a fix and flip loan inside a few days.
No pre-payment fees:
With conventional loans, you may get penalized if you pay them off prior to the maturation 
date. However, the majority of fix and flip loans don’t have such a penalty. Look into fix and 
flip loans if you think pre-payment penalties could reduce your profit.
Secure investment:
In a fix and flip loan, the home itself is your security. If for any reason you are not able to 
pay the loan off, the lender could take possession of the home. This can happen through 
foreclosure or you can negotiate a deed in lieu. Most private money loans do not report to 
the credit bureaus. With conventional loans, you can be almost certain that they report to 
the credit bureaus, so any late payments or delays in the project could mean an impact to 
your personal credit.
Repairs are covered:
When you buy a property you want to flip, you are perhaps going to invest a considerable 
sum of the loan on construction & remodelling. Fix and flip lenders usually set up a loan 
reserve to cover the repair costs. This will certainly remove a great deal of pressure from 
the shoulders of builders. They don’t need to worry of paying out of pocket for payments 
or repairs.
Flexible terms:
Conventional bank loans and loans from other lenders are subject to specific processes, 
rules, and structures. These must be followed to the letter. If you wish more flexibility with 
your terms, or if you cannot get approved by a conventional lender, you can still have 
success getting approved for a fix & flip loan.
Apply your Fix and Flip Loans in California through All California Lending and enjoy the 
most flexible terms and the best interest rate.