Charlotte Hard Money Lender
We provide direct private loans to help investors achieve project success.
Loan includes a rehab budget which is 100% funded.
Close fast with no pre-payment fee.
Allows non-owner occupied investors to leverage their funds.
Participate in a transaction without bringing funds to the table.
Charlotte Hard Money Lending
FlipCo Financial is a premier hard money lender specializing in fix and flip loans in the Charlotte, North Carolina market. We take pride in working closely with our clients and listening to their goals while finding resourceful solutions for them. We are always transparent about the process throughout our partnership. We are eager to create an unforgettable experience for you regarding your investment property fix and flip loan. We develop long-last relationships through trustworthy partnerships with our borrowers, and we look forward to discussing your project goals and needs today.
Attractive Living
Charlotte is the largest city in North Carolina and is a prominent financial center in the country. There are many job opportunities, high salaries and affordable houses - which makes it an attractive place to live.
Business Hub
With diverse industries headquartered in the city, Charlotte is considered a business hub. Some visitors come to the city for business-related reasons and it opens up opportunities for rental properties.
Increasing Demand
North Carolina’s population is growing steadily. With limited inventory, increasing demand, and uptrend home prices, we can expect that North Carolina real estate will continue to be a hot market.
Charlotte Hard Money Loan Programs
Quick closing
Minimal doc collection
All investor loans (non-owner occupied)
No appraisals, credit or background checks
- Loan includes a rehab budget which is 100% funded.
- Leverage funds for multiple projects at once.
- Asset based approval.
- Quick and virtual rehab reimbursement.
- Close fast with a shortened guaranteed interest.
- No guaranteed interest.
- Stay ultra-competitive while making offers.
- Ideal for quick turnarounds and refinance exit stratgies.
- Allows non-owner occupied investors to leverage their funds.
- Ideal for auction purchases.
- Close with cash and let us put it back in your pocket.
- Get out of high interest rate private and hard money loans.
- Participate in a transaction without bringing funds to the table.
- Have a true closing to report.
- Seamless transaction.
- Bring your wholesaling game up a notch!
What Clients Say About Us!
FAQ's
A hard money loan is a type of short-term financing secured by the property’s value rather than the borrower’s creditworthiness. FlipCo Financial specializes in hard money loans for real estate investors, offering quick access to capital for property purchases and rehab. These loans are ideal for fix-and-flip projects, BRRRR strategy investments, and other short-term needs.
As a true asset-based lender, FlipCo Financial focuses on the property’s potential rather than your credit score. We provide flexible terms, faster funding, and a borrower-friendly approach, removing common pain points like lengthy underwriting processes, excessive due diligence requirements, and excessive deal delays.
Loan amounts are based on the property’s projected After Repair Value (ARV). FlipCo will lend up to 75% ARV. We follow industry standard underwriting guidelines, ensuring comparable properties (comps) are similar in size, type, and location. Our approach helps investors maximize their projects’ potential while managing risk.
Yes! As a true asset-based lender, we prioritize the asset over the borrower’s credit. Because of this, we do not have a credit score minimum or require a credit check as part of the application process. Although credit does not impact funding qualification with FlipCo, it can impact a borrower’s ability to get long-term financing if the exit strategy is to hold the property as a rental.
Yes! While experience can strengthen your application, we work with first-time investors and provide guidance throughout the process. Budgets larger than $60,000 will require additional review if a first-time investor.
FlipCo’s streamlined process allows us to fund loans within a matter of days. We move as fast as you do! Once your application is complete and approved, we work quickly to ensure you can close your deal without delay.
To apply, you’ll need to complete a loan application, submit your project budget in the FlipCo format, property photos, and purchase contract. If you do not choose to finance your rehab with FlipCo, we will still need to see your proposed SOW to understand the final product for accurate valuation. Our team reviews this information to ensure the project aligns with our lending criteria. Upon Underwriting Approval, final due diligence documents include entity documents, EOI, and Proof of Funds.
Borrowers can easily submit property photos through FlipCo’s online application portal or via email to their assigned account manager. We require clear photos of the property’s exterior, interior, and any areas requiring repair or renovation to support the underwriting process.
For property inspections, FlipCo accepts formal inspection reports from licensed inspectors, appraisers, or contractors. In some cases, detailed walkthrough videos or virtual inspections may also be accepted, provided they meet our underwriting requirements. Our team will guide you on what’s needed for your specific loan application.
Apart from the subject property, FlipCo requires the borrowing entity be registered and operating within the US as well as in good standing. Borrowers must provide proof of current liquid funds to meet calculated Minimum Reserves; this requires providing most recent bank statement and screenshot of current bank balance within 10 business days of closing. No active or pending judgements, liens, foreclosures, or bankruptcies personally or associated with a business entity.
FlipCo lends on residential, single-family homes and multi-family units. Property types include single family residence, duplex, triplex, quad. The property must be for investment purposes and cannot be owner-occupied and/or the borrower’s primary residence. Manufactured homes and shared wall units such as townhouses and condos are excluded.
FlipCo lends in several states and recently expanded to Ohio cities. Our states include Arkansas, Florida, Georgia, Indiana, Kansas, Missouri, North Carolina, Ohio, South Carolina, Tennessee, Texas, and Virginia. Check our website for a detailed list of states where we operate.
FlipCo can lend up to $1,000,000 per unit. FlipCo does not have a loan minimum. We do have an origination minimum of $2,500.
How does FlipCo handle draw requests for rehab projects?
FlipCo issues reimbursements through draw requests once work is completed and paid. While there’s no required timeline for draw submissions, we encourage borrowers to submit within the first 30 days to keep their projects on track. To make a draw request, visit: FlipCo Rehab Draw Request – FlipCo Financial
Absolutely! FlipCo provides guidance to make the transition seamless with our in-house DSCR specialists!
FlipCo will only charge interest of funds drawn, not total committed. Your FlipCo quote will provide estimates on your minimum and maximum fully drawn interest payment for your review in assessing your potential carrying costs.
FlipCo offers short-term financing for 3- and 6-month terms. Extensions are available. Additional fees may apply.
Stay Connected:
