Fix and Flip

Fix and flip refers to a real estate investment strategy where an investor purchases a property, renovates or “fixes” it, and then sells it for a profit. This strategy is popular among real estate investors looking to generate short-term returns.

The process typically involves finding distressed or undervalued properties, securing financing through fix and flip loans or other sources, and conducting necessary renovations or repairs to enhance the property’s value. Once the property is improved, it is sold quickly to capitalize on the increased market value.

Fix and flip investments require careful evaluation of the property’s potential, accurate cost estimation for repairs, and a solid understanding of the local real estate market. Investors must also consider factors like acquisition costs, carrying costs (such as loan interest, taxes, and utilities), and potential risks involved.

Fix and flip loans are specifically designed to finance these projects, providing investors with the necessary capital to purchase and renovate properties. These loans often have shorter terms, higher interest rates, and are based on the after-repair value (ARV) of the property.

Quick Close Loans primary commitment is to process and close our customer’s business commercial loans FAST. Some say we close our loans at Warp speed, (1-4 weeks).