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


CONTACT US

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45 Middle Neck Road, Suite 220

Great Neck, NY 11021

www.essencap.com

wecare@essencap.com

888-269-1033

 

​​​​© 2020 by Essencap (trademark)

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