My name is Karl Mikkelson and I loan money. Sometimes called “hard” money, that is secured by a first Deed of Trust. After flipping and using so called “hard” money I have started my own finance company for fix and flip loans as well as other types of loans. Look through the website and then give me a call or an e-mail to see if you qualify.
Fix and Flip Loans
Fix and flip loans are made to Realtors or real estate entrepreneurs who buy houses in need of repairs at wholesale prices. The process is straight forward, though not easy and it takes a bit of time to find the right deal. After the purchase, the buyer makes the necessary improvements and sells the home to an end user or a homeowner whom will enjoy the freshly updated home.
Should you need it, I will also supply the funds for the fix up. The repair money will be disbursed, usually in three installments. I do my own inspections in a timely manner at no cost to you. About a third of my loans have the draws built into the loan, if there is room. Also at times I can roll in the first 3 payments.