Case Study: Houston, Texas Flip Project
One Houston, Texas investor recently purchased and rehabbed a 3-bedroom property using a Fix & Flip loan from Longleaf Lending.
The rehabbed property stayed in the market for 9 days before being sold for $525,000.
Loans from Hard Money Lenders like Longleaf Lending can help real estate investors quickly snap up offers as they come up on the market. This gives them an edge over other competitors who wait on traditional lenders to finance their deals.
Here are some of the before and after photos of the project.
If you need financing for a fix and flip project, rental bridges, loan refinancing, or land purchase, at Longleaf Lending, we offer short-term residential loans with the fastest closings on the market. No minimum credit score required with rates starting at 12%.
Submit a loan request today and you may request a Proof of Funds letter from us to strengthen your next deal. Even with no property in mind yet, you can apply ahead so you can have a hassle-free transaction when your next project comes.
It takes 60 seconds to apply and less than 24 hours to get pre-approved.