Purchase and rehab
Fix-and-flip loans in Illinois
Purchase and rehab money for investors in Chicago and across Illinois. Sized to the deal. Paid off when you sell or refinance.
You found the house. We fund the purchase and the work. Rehab money is released in draws as the job moves. When you sell or refinance, the loan is paid off.
Subject to underwriting. We don't publish a rate.
What we need to start
Address, purchase price, rehab budget and scope, estimated after-repair value, your exit, and your experience. None is fine.
Questions
- How do draws work?
- Rehab money is held back and released in draws as work is completed.