CALL US 1(888) 792-0665 | [email protected]
CALL US 1(888) 792-0665
Make Priority Realty Lending your preferred Fix and flip lender TODAY!
Our fix and flip financing options are perfect for seasoned investors and beginners alike.
At Priority Realty Lending, our fix and flip loans are specifically designed to provide financing for real estate investors who are purchasing properties with the intention of renovating and then selling them for a profit. These loans offer short-term financing with flexible terms, allowing investors to quickly acquire and renovate properties without lengthy approval processes associated with traditional mortgages.
In addition to financing the purchase of the property, our fix and flip loans cover 100% of the renovation costs, enabling investors to complete their projects without relying on additional funding sources.
Our updated family of loan products better serves market expectations for investors new to Priority Realty lending platform.
Make Priority Realty Lending your preferred Fix and flip lender TODAY!
Our fix and flip financing options are perfect for seasoned investors and beginners alike.
At Priority Realty Lending, our fix and flip loans are specifically designed to provide financing for real estate investors who are purchasing properties with the intention of renovating and then selling them for a profit. These loans offer short-term financing with flexible terms, allowing investors to quickly acquire and renovate properties without lengthy approval processes associated with traditional mortgages.
In addition to financing the purchase of the property, our fix and flip loans cover 100% of the renovation costs, enabling investors to complete their projects without relying on additional funding sources.
Our updated family of loan products better serves market expectations for investors new to Priority Realty lending platform.
SHORT TERM, FIX-AND-FLIP LOAN GUIDELINES
SHORT TERM, FIX-AND-FLIP LOAN GUIDELINES
LENDING CRITERIA
The first part of every successful fix and flip is finding the rightreal estate property. That’s why we’ve created this easy, 5-point guide to help you find the “sweet spot” deal, which can give you the best chance at making money in real estate, while safeguarding your investment.
At Cogo Capital we are only interested in funding projects that will give you the best opportunity at realizing success. Therefore our criteria is centered around these 5 points:
*Higher credit scores (680+), and down payment (20% or more) trumps 3,4 and 5.
Homes above the FHA cap are statistically more likely to experience drastic fluctuations in value and can be more susceptible to local and overall market depreciation. Homes in the 5-point realm tend to be more resilient to these influences.
WHY THESE CRITERIA?
This is important. When you invest within these parameters, you can attract a larger segment of the market, including FHA buyers. This increases your ability to appeal to more people in more demographics.
Why price your home at or below FHA requirements?
FHA loans bring home ownership into reach for first-time home buyers who might have a hard time getting approved with conventional lenders. This increases your ability to sell your property faster and broadens your ability to attract more potential buyers.
Why a smaller home with no more than 5 bedrooms and 3 baths?
Millennials and Boomers are the two segments expected to dominate the market in the next five years. Both of these segments are looking at smaller homes: Millennials because they’re just starting out; Boomers because they’re downsizing. Candace Taylor of The Wall Street Journal wrote, “These days, buyers of all ages eschew the large, ornate houses… in favor of smaller, more modern-looking alternatives.”
Why less than 1/2 acre?
Both Boomers and Millennials are looking for less upkeep: Boomers because they’re getting older and Millennials because they’re just starting out. More acreage also means more expense.
Priority Realty Lending slogan is “investing made simple.” This keeps it simple while giving you the best chance to make money in real estate!
Priority Realty Lending is a Private Money Lender offering creative financing solutions for real estate
investors through Private Money Loans
CONTACT US
Priority Realty Lending
127 Jonesboro # 201
Jonesboro, GA, 30236
1(888)792-0665
Monday – Friday: 8:00 AM – 5:00 PM
Quick Links
© 2024 Priority Realty Lending • All Rights Reserved • Privacy Policy-Terms Of Use
LENDING CRITERIA
The first part of every successful fix and flip is finding the rightreal estate property. That’s why we’ve created this easy, 5-point guide to help you find the “sweet spot” deal, which can give you the best chance at making money in real estate, while safeguarding your investment.
At Priority Realty Lending we are only interested in funding projects that will give you the best opportunity at realizing success. Therefore our criteria is centered around these 5 points:
*Higher credit scores (680+), and down payment (20% or more) trumps 3,4 and 5.
WHY THESE CRITERIA?
Homes above the FHA cap are statistically more likely to experience drastic fluctuations in value and can be more susceptible to local and overall market depreciation. Homes in the 5-point realm tend to be more resilient to these influences.
WHY THESE CRITERIA?
This is important. When you invest within these parameters, you can attract a larger segment of the market, including FHA buyers. This increases your ability to appeal to more people in more demographics.
Why price your home at or below FHA requirements?
FHA loans bring home ownership into reach for first-time home buyers who might have a hard time getting approved with conventional lenders. This increases your ability to sell your property faster and broadens your ability to attract more potential buyers.
Why a smaller home with no more than 5 bedrooms and 3 baths?
Millennials and Boomers are the two segments expected to dominate the market in the next five years. Both of these segments are looking at smaller homes: Millennials because they’re just starting out; Boomers because they’re downsizing. Candace Taylor of The Wall Street Journal wrote, “These days, buyers of all ages eschew the large, ornate houses… in favor of smaller, more modern-looking alternatives.”
Why less than 1/2 acre?
Both Boomers and Millennials are looking for less upkeep: Boomers because they’re getting older and Millennials because they’re just starting out. More acreage also means more expense.
Priority Realty Lending slogan is “investing made simple.” This keeps it simple while giving you the best chance to make money in real estate!
Priority Realty Lending is a Private Money Lender offering creative financing solutions for real estate
investors through Private Money Loans
CONTACT US
Priority Realty Lending
127 Jonesboro # 201
Jonesboro, GA, 30236
1(888) 792-0665
Monday – Friday: 8:00 AM – 5:00 PM
Quick Links