Residential Fix & Flip
Middle of the fairway.
Short Term Bridge
Strategy is the foundation.
Alternative Financing has never been easier
Our parent company has a history of over 20 years of successful entrepreneurial skills in multiple industries.
Our journey began at the end of 2020, and we can’t wait for what 2021 holds and the many years to come!
FlipCo Financial was founded on being the premier, easy to work with, creative financer, that focuses on our borrower’s needs. Our passion is partnering with real estate investors to help them achieve their goals. We work hard to build lasting relationships with our client’s by earning trust through our transparent fees and processes.
Most Popular Questions
At FlipCo, we understand that time is of the essence for real estate transactions. We can fund projects within 24 (48) hours provided the property title is free & clear and all parties have the necessary documents for closing.
The most important part of our deal structure is ensuring our client are set up for success. We go the extra mile to ensure that title issues are not overlooked, legal documents are prepared correctly for our clients and that our clients have all of the tools they need for their projects. Our client's success comes before anything else.
The monthly interest payment calculation is explained in detail via the agreed upon Term Sheet that is signed prior to project closing. We do not charge for funds that have not been used yet.
Yes, every property we lend on is required to have title, builder's risk and hazard insurance.
- Single Family Residential (No Owner-Occupied)
- First lien position with little exception – no subordination (we evaluate 2nd lien and splitting 1st lien on a case by case basis)
- Previously flooded properties require additional diligence from our underwriting team.
We typically approve our clients within 24 hours.
If necessary, appraisals are completed in-house, reducing project costs as well as providing enhanced efficiency to the underwriting process timeline.
- 6 months of Liquid Reserves plus first sketch of project rehab
- Recent Bank Statements (T60)
- Completed Borrower Application
- Completed Financial Statement
FlipCo typically does not require a credit check. We pride ourselves on lending on the asset and strategy rather than the borrower’s credit score.