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Fix N Flip

Essencap is the direct lender in the fix N flip loan. We are still lending.


The loan is designed to give you the most leverage. We give you all money and you keep the profits.



PROPERTY TYPES: 1-4 family, non owner-occupied


LOAN SIZE: From $250,000 to $1,000,000


LOAN TERM: 12-18 months


AMORTIZATION: Interest Only


INTEREST RATE: 8.99% – 11.99%


LOAN-TO-VALUE: Up to 65% of the “as repaired” or “as completed value”


EXPENSE DEPOSIT: Adequate to cover third-party reports, legal fees, and customary expenses


CLOSING TIME: Typically within 10 business days


For more information www.essencap.com, or wecare@essencap.com or 888-269-1033


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Modern Glass Building

Contact Us

Phone:      888-269-1033

Hours:       9:00 to 5:30 Monday - Friday

 

Email:       wecare@essencap.com

 

Address:   1 Barstow Rd, Suite P6,

                   Great Neck, NY 11021

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