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Irvine Fix and Flip Loans
Irvine Fix and Flip Loans
Fix and Flip has become a well-known term in today’s pop culture. There is a hefty amount of television programming devoted to the art of buying a cheap house, fixing it, and then flipping it for a profit. Some people even do this for a living. If you’ve got repair knowledge and believe you might have a knack for flipping houses, then you’re going to need to secure some form of funding for your endeavor. For these types of project, you’ll need to look past traditional bank lending and head straight for hard money lenders. The folks here at Delaney Street are hard money lenders with a penchant for making Fix and Flip dreams come true.
The “Fix” part of Fix and Flip stands for the work that someone does after they buy a cheap residential or commercial property. It might be a house, a rental unit, or a commercial business building that has fallen into disrepair and sells for dirt cheap in the Irvine real estate market. Creative investors have an idea going into the purchase of how they can quickly increase the value of the property, and their lender will also have some input on that. Delaney Street specializes in making dreams like this come true, so the first thing we’ll do is analyze the obstacles and formulate a plan to overcome them through the Fix. Your fix might include adding a new roof onto a home, landscaping the yard, adding on bedrooms or living rooms, or adding a pool. The trick is to perform all of these actions cheaply so that when you put the house back up for sale on the market, you’re going to make a large profit. That’s another area of specialty here. We know how to help you take your dream and make it a reality.
Flipping the Real Estate
A good Fix and Flip plan is going to be spelled out before you even go into the project. You’ll have a blueprint for how to increase the value of the home and it will coincide with the reality of real estate in Irvine. Thanks to today’s modern technology, we can have a pretty good idea of what will increase the value of a property in Irvine, so we’re going to first look at that. We’re innovators here, though, and we love to step off the most-taken path. So we’ll listen to your ideas enthusiastically and give you our feedback.
As hard money lenders, we lend money based on the value of your potential real estate. That means we make an investment in your idea and then help you bring it to life over time. With hard money lending, you’re using your property as collateral and the lender isn’t going to look at your income and credit history. What we look at closely is your idea and the expertise you might have in home or building repair. Do you have a gift for plumbing and want to buy a house that is at a rock bottom price because of a plumbing issue? Do you want to buy a house that has fallen into disrepair and simply doesn’t have enough uniqueness to stand out in the market, but you are excellent at design and know how to make that house take on the special magic of a home that’s going to sell for a big price on the Irvine housing market? We can take a look at your plan and bring it to life.
Our Team is Ready to Help
No matter what your plan is, the first thing you need for any of these projects is money. As a hard money lender, we’re standing by ready to let you use your real estate purchase as your collateral, and based on the quality of your idea, we can lend you more or less so that you can flip the home or building and make it something truly special. If there’s anything we understand, it’s the value of money. In order to really flip a house, you’re going to need ample funding to do so. Without that, you just have an idea in your head and it isn’t going to go anywhere.
When you call on us, we’ll sit down with you as fellow creative thinkers and really come up with a solid, realistic fix and flip plan that’s going to work for you and your lender. Your success is our success, so we take what we do very seriously. The folks at Delaney Street want to see your dreams come to life. Nothing is quite so satisfying as a good, difficult, and rewarding fix and flip project. Let us help you get your ideas off the ground and into the world of real estate.