BB
@brrr_beth
Fix & Flip·1w ago

Funding Fixers

When evaluating loan options for fix-and-flip projects, consider interest rates, terms, and repayment structures. In Louisville's competitive market, a well-structured loan can make or break a project's profitability. Thoroughly analyze financing costs to ensure alignment with projected net profits and ARV.

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2 comments
FO
@flipped_out·1w ago

I'd add that understanding the lender's experience with similar projects and their ability to close quickly is crucial. What's the typical loan-to-value ratio and what kind of documentation is required? In a competitive market like Louisville, speed and flexibility can be just as important as interest rates.

TP
@txrei_pro·4d ago

What's the average loan-to-value ratio you're seeing in Louisville, and how do you ensure the repayment structure doesn't cut into projected net profits?

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