i FUND CITIES - Fix and Flip Loans for Richmond, Virginia, Real Estate Investors
i Fund Cities is an alternative, non-bank, private money lender providing fast, flexible, reliable, and investor-friendly financing to real estate investors in Richmond, If you are investing near Richmond and you need a Fix and Flip Loan for a property purchase, rehab, or a cash-out or rate-and-term refinance, then give us a shout!
Fix and Flip Loans Rates As Low As 7%*
i Fund Cities Fix and Flip Loans can provide the cash you need to grow your real estate investment property portfolio:
Advantages of our Fix and Flip Loans in Virginia
Fix and Flip Loans as Low As 7% in Richmond, Virginia
i Fund Cities Fix and Flip Loans get you fast, flexible, and reliable funds for your next Richmond, Virginia real estate property investment!
What Makes Our Richmond, Virginia Fix and Flip Loans Awesome?
Hey Richmond, Virginia investors! Need a Kick A$$ Fix and Flip Loan?
Fix and Flip Loans in Richmond, Virginia
What are i Fund Cities's current Fix and Flip Loan rates in Richmond, VA?
i Fund Cities offers Fix and Flip Loan rates as low as 7%.
Word of caution: do not believe the low rate marketing gimmicks you see out there in the lending world. Rates are always determined by the following criteria:
Real estate asset Investor experience Investor credit score Investor liquidity
What length of loan terms does i Fund Cities offer for Fix and Flip Loans in Richmond, VA?
i Fund Cities offers Fix and Flip Loan terms of 6 to 24 months.
Do you lend on both a property purchase and the repairs for Fix and Flip in Richmond, VA?
Yes. We lend 100% of the construction financing and up to 80% of the purchase price of the asset in and around Richmond, VA.
What property types does iFC offer Fix and Flip Loans for in Richmond, VA?
We offer Fix and Flip Loans on the following property types:
Single Family Residences (1-4) Townhomes Condos Multifamily 5+ Commercial, Mixed-Use (must have 50% residential for us to lend)
Are there any exceptions to property types for your Fix and Flip Loans?
We do not fund properties in Richmond, VA that are designated as "rural."
Does iFC have a minimum credit score for Fix and Flip Loans in Richmond, VA?
Yes. For Fix and Flip Loans, we require a minimum FICO score of 580.
Does iFC have minimum and maximum loan amounts for Fix and Flip Loans?
Our minimum loan amount in Richmond, VA, is $75K and our maximum loan amount is $5M.
What states does iFC lend in?
Can I borrow from iFC if I am from another country?
What documents do you need from me for underwriting Fix and Flip Loans in Richmond, VA?
For Fix and Flip lending in Richmond, VA, our underwriting process is less extensive than a traditional bank. We also make it as transparent and straightforward as possible.
1. Contact info for Buyer (and Guarantors), and Title, and Insurance Companies 2. Loan Application + Driver's License 3. Agreement of Sale or Deed 4. Buyer's Real Estate Experience/History 5. Project/Entity Information 6. Construction Budget 7. 2-Month's Bank Statements 8. ACH Wire Transfer Info and W-9
Do you do an appraisal for Fix and Flip Loans in Richmond, VA?
Do I need a business entity to get an iFC Fix and Flip Loan in Richmond, VA?
Is there a prepayment penalty?
Can I (or a friend or family member) live in my Fix and Flip property.
Fix and Flip Real Estate Market in Richmond
Richmond, VA, Average Home Prices for Fix and Flip Properties
Be a Fix and Flip Pro in Richmond: Free Ultimate Construction Checklist
Average Days on Market (DOM) Data for Richmond, VA, Fix and Flips
Richmond, VA, Real Estate Inventory
Key Growth Factors in the Richmond Real Estate Market
Commercial: Richmond businesses include diversified industries such as Health and Medical, Tourism and Hospitality, Technology, Manufacturing, and Professional Se
Economy: The development of Richmond's top companies and industries will continue to be key drivers in the growth of the city's real estate market.
Education: Graduates from local Richmond schools, as well as those from nearby schools and universities, provide a foundation for the growth of the city's businesses and industries.