FlipCo Financial

Myrtle Beach Hard Money Lender

We provide direct private loans to help investors achieve project success in Myrtle Beach.

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​Loan includes a rehab budget which is 100% funded.

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Close fast with no pre-payment fee.

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Allows non-owner occupied investors to leverage their funds.

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Participate in a transaction without bringing funds to the table.

Myrtle Beach SC Hard Money Loan by FlipCo Financial

Myrtle Beach Hard Money Lending

If you’re looking for quality hard money lenders in Myrtle Beach, South Carolina, look no further than FlipCo Financial. We’re here to help you with your real estate investment needs, and we have the experience and knowledge to get the job done right. We understand that when it comes to investing in real estate, time is of the essence. That’s why we work quickly and efficiently to get you the funding you need. We also offer competitive rates and terms, so you can be sure you’re getting the best deal possible. For more information about our myrtle beach hard money lending services, please contact us today. We look forward to helping you achieve your investment goals.

Myrtle Beach SC Hard Money Loan by FlipCo Financial

Tourist Destination

Myrtle Beach is a top tourist destination for many reasons. The beautiful beaches, the variety of activities available, and the friendly atmosphere are just a few of the reasons why people love to vacation here. It is a prime location to invest in real estate for fix and flip or your next air bnb project.

Affordable Beach Front Properties

Beach front houses in Myrtle Beach are very affordable. There are many opportunities to fix and flip a home in this city or create your next rentable tourist vacation spot.

Low Tax Rates

The most notable part of investing in Myrtle Beach real estate is the very low tax rate on properties. South Carolina is ranked the eighth least among all states in the US.

Myrtle Beach Hard Money Loan Programs

5/5

Quick closing

Minimal doc collection

All investor loans (non-owner occupied)

No appraisals, credit or background checks

Fix and Flip Loans

  • Loan includes a rehab budget which is 100% funded.
  • Leverage funds for multiple projects at once.
  • Asset based approval.
  • Quick and virtual rehab reimbursement.

Short-Term Bridge

  • Close fast with a shortened guaranteed interest.
  • No guaranteed interest.
  • Stay ultra-competitive while making offers.
  • Ideal for quick turnarounds and refinance exit stratgies.

Refinancing

  • 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.

Transactional Funding

  • 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

At FlipCo, we understand that time is of the essence for real estate transactions. We can fund projects within 48 hours of receiving clear title and all underwriting documents.

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 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 charge interest only payments and only ever on funds used.

Yes, every property we lend on is required to have title, builder’s risk, hazard, and general liability insurance.

  • Single Family Residential, up to 4 doors (No Owner-Occupied)
  • First lien position
  • Previously flooded properties require additional diligence from our underwriting team
  • Additional square footage will require a survey prior to funding

We typically approve our clients within 48 hours of receiving all required documents.

We do not require third party appraisals. All underwriting and price opinions are performed in house reducing project costs as well as providing enhanced efficiency to the underwriting process timeline.

  • Last 3 months of bank statements
  • Financial statement
  • Completed borrower application

We offer a 3 and 6 month term.

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.

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