If you want to fix and flip in the South Florida retail market, you’ll find that there are many opportunities throughout Miami and the surrounding region. But make no mistake—South Florida’s fix and flip market features some steep competition. What does that mean for you as an investor?
1. The more capital you have, the better.
The first thing to know about the fix and flip loan Miami market is that property values can be high. Not only that, but fix and flip projects can be high risk, and this is something that lenders are aware of.
For that reason, the more capital you can bring to your fix and flip projects, the better. Having the resources and the readiness to invest in your projects tells lenders that you can handle the risk and are serious about the projects you need to fund.
2. You need to be ready to move fast.
Because there is so much competition for Miami fix and flip properties, it is to your advantage to be able to close as rapidly as possible. At Lending Bankers Mortgage, we can close in as few as five business days. If you work with a slow lender, someone else could get in ahead of you and grab an opportunity right from under you.
We Make it Fast and Easy for You to Qualify for a Fix and Flip Loan in Miami
Along with 10 day closing, we offer a streamlined, easy application process. All you need to do to get started is let us know the scope of work and submit a sales contract along with interior photos when you apply. We work with a huge network of area lenders and can connect you with a fix and flip Miami loan ideal for your needs. Within just days of submission, you can view the final terms.
Ready to apply for the fast financing you need to fix and flip in South Florida now? Please give us a call today at 786-220-1100.