Financing for Long-Term Rentals and Fix and Flip Projects
At Rexford Commercial Capital, we provide financing solutions for properties of all types, with a focus on long-term rentals, as well as fix and flip projects.
Financing for Long-Term Rental Properties
Rexford Commercial Capital offers financing for long-term rental properties ranging from 1-4 units. Commercial real estate investors can use our long-term rental financing for individual properties or entire portfolios. Our long-term rental financing for properties features:
- Loan amounts from $50,000 up to $1 million
- Terms up to 30 years
- Full amortizations
- Minimum credit score of 660 to qualify
- Debt-to-income for borrowers: none
- Available for single-family rentals, 1-4 units, PUDs, and condos
- Nationwide availability
- Low interest rates
- Fast closings
Lines of Credit for Property Flippers
Fix and flip lines of credit from Rexford Commercial Capital provide property flippers with the financing they need to cover acquisitions and renovations. From individual fix and flip projects to entire portfolios comprising hundreds of properties, our fix and flip lines of credit can be scaled to fit the needs of property flippers. Fix and flip lines of credit from Rexford Commercial Capital feature:
- Credit limits up to $5 million
- Available for 1 to 500+ properties
- Up to 90% of cost for property purchases
- Up to 95% of cost for renovations
- Terms up to 12 years
- Fast closings within 12 days
Fix and Flip Loans for Properties
Rexford Commercial Capital also offers fix and flip loans. Our fix and flip loans feature fast closings, and are accessible to first-time flippers as well as seasoned pros. Our fix and flip loans offer the following benefits to borrowers:
- Fast closing times (typically within 10 to 17 days)
- Up to 85% of acquisition costs
- Up to 100% of renovations and rehab costs
- Terms up to 24 months
- Low rates
- Nationwide availability
- Interest-only payment structures
- No penalties for prepayments
- Loan amounts as high as $10,000,000
- Very low origination fees
- Up to 75% of After Repair Value
Property Types Eligible for Fix and Flip Financing
Rexford Commercial Capital offers fix and flip financing for the following property types:
- Condos
- Town houses
- Single-family
- Multifamily
Financing Tailored to Local Markets
No two properties are the same. At Rexford Commercial Capital, we believe in working directly with our clients to provide customized solutions. We understand that cookie-cutter loans are never tailored to specific property markets, nor can they be scaled to account for the unexpected during a renovation. The team at Rexford Commercial Capital works closely with investors and developers involved with the various submarkets so we can provide accessible and sufficient financing to our clients. Contact Rexford Commercial Capital today to get the financing your need.