Rehab/ Fix & Flip with Renovo
We work with you from pre-acquisition of the project through the final sale to streamline financing and allow you to focus on finding and completing more projects. We understand project financing is an integral part of your business, but it shouldn’t be a burden. With rates as low as 2 points and 10% APR, we have a loan that will accommodate your budget.
Working with Renovo Capital, LLC will allow you to:
- Take advantage of time-sensitive opportunities with prompt issuance of commitment letters
- Close quickly on properties with no appraisals or junk fees
- Simplify cash-flow management with no monthly interest payments
- Take construction draws on your timeline
- Help manage and organize project payments
Standard Terms Summary
- Up to 65% of the ARV
- 2 to 4 point origination fee depending on the loan to ARV ratio
- 10% annual interest rate and no monthly interest payments
- 8-month maturity
- $30,000 minimum down payment plus closing costs
Need Financing For Your Next Project?
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Renovo Capital, LLC is organized, quick to respond and my closing agent says they are easy to communicate with. David’s insight as to potential purchases and profits on investment properties are very helpful in making the right decisions.