Property flippers in Cape Coral, FL face challenges when they need to finance their projects. Traditional lenders have high credit and collateral requirements, and long processing times, and they simply do not understand the property market in Cape Coral. First Class Lending is based right here in Cape Coral, and we work directly with local property flippers to provide customized solutions for fix and flip projects of every size. We have successfully financed projects throughout Cape Coral, including:

• Del Prado
• Pine Island
• Cape Harbour
• Matlacha
• Tarpon Point
• Yacht Club Islands
• Gold Coast
• Hermitage
• Marina South

First Class Lending offers fix and flip lines of credit, as well as fix and flip loans to cover the needs of property flippers in Cape Coral, FL.

Fix and Flip Lines of Credit in Cape Coral, FL

Fix and flip lines of credit from First Class Lending can be used for a variety of property types in Cape Coral, including:

• Condominiums
• Single-family
• Multifamily
• Town houses

Our fix and flip lines of credit can be used by property flippers at all levels, from single properties to hundreds of units, to entire portfolios. Fix and flip lines of credit offer the following benefits to property flippers in Cape Coral, FL:

• Credit limits up to $5 million
• Available for 1 to 500+ properties
• Up to 90% of cost for property purchases
• Up to 95% of cost for renovations
• Terms up to 12 years
• Fast closings within 12 days

Fix and Flip Loans in Cape Coral, FL

Fix and flip loans from First Class Lending can be customized to fit any project in the Cape Coral area. First-time flippers and seasoned pros alike can take advantage of our fix and flip loans, which feature:

• Loans from $50K to $7.5M for condos, town houses, and 1-4 unit multifamily
• Loans from $250K to $10M for 5+ unit multifamily and mixed-use
• Up to 90% of cost for acquisitions
• Up to 100% of rehab cost
• Up to 75% ARV
• Rates as low as 7.49%
• Terms up to 12 months with a 6-month extension available
• No prepayment penalty

Our fix and flip loans can be used for the following range of property types in Cape Coral, FL:

• Condos
• Mixed-use
• Multifamily
• Non-owner occupied 1-4 family
• Town houses with 5+ units

Fix and flip loans from First Class Lending are designed to be accessible to property flippers without the high requirements of traditional loans. To qualify for fix and flip loans, applicants in Cape Coral must demonstrate:

• Minimum as-is property value of $50K for single family homes
• Minimum as-is value of $25K per unit for 2-4 family properties
• Minimum as-is value of $35K per unit for 5+ family and mixed-use properties
• 620 Minimum FICO

Get the Financing You Need

If you need funding for your fix and flip projects, contact the team at First Class Lending today.