Fix and Flip Financing for Properties in Charlotte, NC

When property flippers in Charlotte, NC need fast and accessible financing for their fix and flip projects, they turn to Rustwood Capital. Rustwood Capital works with property flippers at all levels to provide the funding they need to purchase and renovate real estate in Charlotte. Fix and flip financing from Rustwood Capital has been used all over Charlotte, including such areas as:

• SouthPark
• Elizabeth
• South End
• Barclay Downs
• Third Ward
• Fourth Ward
• Sedgefield
• NoDa
• Ballantyne
• North Charlotte
• Sardis Woods
• Starmount

Fix and Flip Lines of Credit for Properties in Charlotte, NC

Rustwood Capital provides lines of credit to property flippers in Charlotte, NC so they can purchase and renovate one or hundreds of units. Our fix and flip lines of credit offer a source of funding that can be used as needed, so it can be scaled to meet the needs of any fix and flip project. Fix and flip lines of credit from Rustwood Capital offer the following features for properties in Charlotte, NC:

• Credit limits up to $5 million
• Available for 1 to 500+ properties
• Up to 90% of cost for property purchases
• Up to 95% of cost for renovations
• Terms up to 12 years
• Fast closings within 12 days

Fix and flip lines of credit from Rustwood Capital can be used for the following property types in Charlotte, NC:

• Condominiums
• Single-family
• Multifamily
• Town houses

Fix and Flip Loans for Properties in Charlotte, NC

In addition to lines of credit, Rustwood Capital also offers fix and flip loans for properties in Charlotte, NC. Fix and flip loans from Rustwood Capital include:

• Loans from $50K to $7.5M for condos, town houses, and 1-4 unit multifamily
• Loans from $250K to $10M for 5+ unit multifamily and mixed-use
• Up to 90% of cost for acquisitions
• Up to 100% of rehab cost
• Up to 75% ARV
• Rates as low as 7.49%
• Terms up to 12 months with a 6-month extension available
• No prepayment penalty

Our fix and flip loans can be used for a variety of property types in Charlotte, such as:

• Condos
• Mixed-use
• Multifamily
• Non-owner occupied 1-4 family
• Town houses with 5+ units

Accessible Fix and Flip Financing Requirements

Rustwood Capital offers a streamlined application process with accessible requirements, so property flippers in Charlotte, NC can get the financing they need without long processing times or arbitrary loan board decisions. Applicants must meet the following requirements:

• Minimum as-is property value of $50K for single-family homes
• Minimum as-is value of $25K per unit for 2-4 family properties
• Minimum as-is value of $35K per unit for 5+ family and mixed-use properties
• 620 Minimum FICO

Contact Us

To get the financing you need for your next fix and flip project in Charlotte, contact the experts at Rustwood Capital.