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Beginner Fix and Flip Loan

First time flipping a house? Global Expansion Private Equity Fund has you covered! We work with first time flippers all the time and have 17+ years lending experience to help you every step of the way. Our loan process is simple, and we can assist in financing both the purchase and the renovation costs of your first investment property fix and flip.

Want to hold the property after renovations are complete? No problem, we have a 30-year fixed portfolio rental loan program once you’re ready to rent. Ask your AE about our DSCR products, or learn more on our DSCR page.

  • Investment Properties Only
  • Fix and Flip, Fix and Hold Loan Options
  • Closing in 3-5 days
  • No Pre-payment Penalty
  • Lending Since 2006
  • Gain Higher Leverage with More Flipping Experience

Compare Loan Programs for New and Experienced Flippers

At Global Expansion Private Equity Fund, we believe in Transparency. Our Leverage and Rates are based on Risk and Experience. The more experience you have, the lower the Rates and the higher leverage we can finance.

3+ Flips Last 36 Months

0-2 Flips Last 36 Months

LOAN AMOUNT

$100,000 to $2,500,000
$100,000 to $1,500,000

RATES

10.99% – 12.99%
11.99% – 12.99%

POINTS

1-3%
1-3%

PAYMENT

Monthly, Interest Only, No Prepay Penalty
Monthly, Interest Only, No Prepay Penalty

LOAN TO COST (LTC)

Up to 95%
Up to 85%

LOAN TO PURCHASE FINANCED (LTP)

Up to 90%

Up to 85%

LOAN TO REHAB FINANCED

Up to 100%

Up to 100%

AFTER REPAIR VALUE (ARV)

Up to 75%

Up To 70%

TERM

6, 12, or 18 Months
6 or 12 Months

ELIGIBLE LOAN TYPES

Purchase+Rehab, Refinance+ Rehab, Fix and Flip, Fix and Hold
Purchase+Rehab, Refinance+ Rehab, Fix and Flip, Fix and Hold

Ready to Get Started?

Program Recap

For our most experienced borrowers

LOAN AMOUNT

$150,000 to $6,000,000

RATES

11.99% – 12.99%

POINTS

1-3%

PAYMENT

Monthly, Interest Only, No Prepay Penalty

LOAN TO COST (LTC)

Up to 85%

LOAN TO PURCHASE (LTP)

Up to 85%

REHAB FINANCED

Up to 100%

MAX REHAB AMOUNT FINANCED

Up to $250,000

LOAN TO ARV (ARV)

Up to 70%

TERM

6 or 12 Months

More Loans, More Experience, More Leverage. We require less down payment the more loans you do with us. Your first flip we require as little as 15% down, but with experience qualify for as little as 10% down.

Loan Details

Global Expansion Private Equity Fund specializes in investment property residential real estate and can fund various properties for your first property purchase.

  • Single Family Homes
  • Duplex, Triplex, Quadplex
  • Warrantable Condominiums
  • Townhouses
  • Multifamily 5+ Units (Experience Required)
  • No Rural Properties

Global Expansion Private Equity Fund eliminates junk fees and has straight-forward pricing when it comes to fees associated with closing your loan.

  • Document Preparation Fee – $1,495.00
  • 3rd Party Attorney Fee – $535.00
  • Appraisal: $500-$700 typically

To close a Fix and Flip Loan at Global Expansion, there are a few basic items that you will need to submit to our team. Below is a general list of some of the requirements. Once you apply, you will receive a document portal for easy upload!

  • Purchase Contract (If Purchase)
  • Rehab Budget
  • REO Schedule (Experience)
  • Drivers License
  • Property Insurance
  • Copy of Last 2 Bank Statements
  • LLC / Entity Docs (if using LLC)

Discover the Global Expansion Advantage!

Close Fast (TYPICALLY
3-5 BUSINESS DAYS)

Competitive Rates
(Rates from 10.99%)

Nationally Trusted
(Over 1 Billion
Funded!)

What is a Fix & Flip Loan?

There are a handful of options when it comes to financing an investment property. Loan types often differ based on their qualification requirements and the terms they offer. The best loan for you will depend on your individual needs.

With a fix and flip loan you can qualify for a short-term mortgage meant to help finance the purchase, repair, and renovation of a property, all within one simple loan.

It works well for real estate investors who need to move quickly to purchase a property that they can then flip to sell or flip to rent within an appropriate timeline, to make a profit. These short-term loans make it possible to afford renovations. When a project is completed, the loan can be paid back or refinanced into another loan type meant for a longer term.

Fix and flip loans also allow for more flexible qualification requirements because they don’t have to meet the documentation requirements that the Consumer Financial Protection Bureau sets for standard loans. Fix and flip loans rely on the profit potential of the investment property.

Rapid Rate Quote

Share some basic details about the financing you’re looking for by answering a few simple questions. We’ll take a look and reach out to discuss your loan options.