Fix and Flip

Requirements:

• No new construction 
• Arizona, Texas, Georgia Only 
• 580+ Fico 

Fix and Flip loans are a powerful tool for brokers and other lenders looking to expand their offerings and cater to real estate investors. These loans provide the necessary capital to purchase and renovate properties. Investors are able to save money buy buying it as good as cash, paying investor title rates and purchase prices. By partnering with Versara Capital, you can offer tailored financing options that meet the unique needs of your clients, whether they require funding with or without construction support. Our goal is to help you support your clients' success while growing your business alongside.

Fix and Flip with Construction Funding

• Up to 80% of purchase price funded

• Rate starting from 10.9%*

• Up to 100% rehab funding

• Flexible terms ranging from 3 to 12 months

• Up to $1.8MM

• Interest only loan

• Fast closing process to business owners

• Business Purpose

Past Loan 1: An investor requested funding for a $459,000 single-family home in the Papago area of Phoenix, including both purchase and renovation costs. Versara Capital provided 80% of the purchase price and 100% of the $135,000 renovation budget. The investor completed the renovation and sold the property for $665,000 after five months, achieving a successful return.

Past Loan 2: A borrower identified a property in Gilbert, Arizona, and required funding within 72 hours to secure the deal. We provided $410,500 for the purchase and an additional $50,000 for renovation. The project was completed in three months, resulting in increased property value and a successful sale.

Fix and Flip without Construction Funding

• Up to 85% of purchase price funded

• Rate starting from 10.9%*

• Terms available from 3 to 12 months

• Interest only loan

• Up to $2MM

• Fast closing process to business owners

• Interest only loan

• Business Purpose

Past Loan 1: An investor purchased a Scottsdale condo for $550,000 and required $440,000 in funding. Versara Capital provided the necessary financing, allowing the borrower to complete minor upgrades independently. After seven months, the investor sold the condo for $720,000, generating a solid return on investment.

Past Loan 2: We funded a $700,000 single-family home in Phoenix, providing $558,000 towards the purchase. The borrower completed necessary improvements within two months and quickly re-listed the property, securing a profitable sale due to accessible funding and favorable market conditions.

Have a fix and flip loan that needs a quick closing hard money loan? Complete the form below to get started!