Financing for Property Flippers in Tampa, FL
Seminole Heights, Westshore Palms, East Tampa, and every other neighborhood in Tampa, FL is full of great opportunities for local property flippers. Whether you are taking on your first property flip, or if you are a seasoned pro renovating multiple properties at once for off-campus housing for students at the University of Tampa, Spearing Capital and Consulting has you covered. Finding adequate financing for fix and flip projects is a challenge. Traditional lenders are raising their requirements for property flippers, even though there is a growing demand for renovated residential property. At Spearing Capital and Consulting, we are committed to making financing accessible to property flippers in Tampa, FL. From our fix and flip lines of credit to our fix and flip loans, we provide financing to property flippers at all levels.
Fix and Flip Lines of Credit in Tampa, FL
Fix and flip lines of credit from Spearing Capital and Consulting provide a flexible source of funding for individual properties or multiple properties. Our fix and flip lines of credit are tailored to the local property markets in Tampa, FL. Our team works one on one with property flippers in Tampa to understand their needs, so we can extend a fix and flip line of credit to cover property acquisitions and renovations. Fix and flip lines of credit from Spearing Capital and Consulting feature:
- Lines of credit available for 1 to 500+ properties
- Financing amounts ranging from $500,000 up to $5 million
- Up to 90% of cost for property purchases
- Up to 95% of cost for rehab and renovations
- Terms from 12 up to 24 months
- Fast closings within 18 days
- Low fixed interest rates starting at 7.49%
- Origination fees as low as 2%
Fix and Flip Loans for Properties in Tampa, FL
Spearing Capital and Consulting provides fix and flip loans for properties in Tampa, FL. We offer the financing local property flippers and investors need to purchase and renovate properties. From fix and flip projects to fix and rent, and even fix and hold, our team will work with you to structure a loan to fit your needs. Our fix and flip loans for properties in Tampa, FL include:
- Financing amounts ranging from $50,000 up to $20 million
- Up to 90% of cost for property purchases
- Up to 100% of cost for rehab and renovations
- Up to 75% of After Repair Value (ARV)
- Terms up to 24 months
- Fast closings within 14 days
- Interest only payments
- 15% down payment
- Origination fees as low as 2%
- Low interest rates starting at 5.99%
- No prepayment penalties
- No experience necessary
- Credit score 600+
Financing for a Variety of Property Types in Tampa, FL
Fix and flip financing from Spearing Capital and Consulting can be applied to the following property types in Tampa, FL:
- Condos
- Town houses
- Single-family properties
- Multifamily properties
Contact Us
If you need financing for your next property flip in the Tampa area, contact the team at Spearing Capital and Consulting.