RE Flip Loan

Our RE Flip loan program, is ideally suited for those investors who have a “wholetail” deal they are buying. If you are purchasing a property well below the As-Is Value, you will be cleaning it out/ conducting a demo to then sell to a Fix and Flipper, then this loan product is for you! Below are some highlights of our Land Flip loan program:

• Loan Purpose

  We only offer purchase loans for this loan program. 100% FINANCING AVAILABLE (includes all closing costs and purchase price)

• Asset Type

  This loan program is only for SFR (1-4 units), Condos, and Townhouses. This is not available for land or commercial assets.

• Approved States

  We lend in ALL states except the following:
  - California
  - Nevada
  - North Dakota
  - South Dakota
  - Vermont

• Borrower Type

  For our RE Flip loans, we require the title to be held in a land trust, with our attorney as the trustee. *Please contact us should you have any questions.

• Borrower Experience

  No prior experience is required.

• Loan Amounts

  We offer loan amounts for this program as low as $15,000 and up to $250,000. After 5 completed RE Flips with Blue Bay Capital, we will explore $250K+ loan requests.

• Loan Terms

  We offer 6-month loan terms. 1-month extensions are available.

• Loan Rates

  Our RE Flip loan starts off at 3.00% per month, with monthly interest accruing. No monthly payments are expected. A minimum of 3 months' earned interest will be required upon payoff.

• Loan LTV's

  We fund 100% of the purchase amount, including all closing costs. The total loan cannot exceed 50.00% of the As-Is value.

To find out more about our Land Flip loan program, download our guidelines sheet below. We look forward to funding your next project soon!