We want to take a look at all of your opportunities our underwriting is flexible and our team can help investors get creative.
Loan Amounts
$50,000 to $2,500,000
Interest Rates
7.99% to 12%
Loan Terms
12 months to 36 months
Origination Fees
2% to 3.50%
Lien Position
1st
Property Types
- 2-4 Units Residential
- Condominium
- Hotel
- Industrial
- Mixed-Use
- Motel
- Multifamily
- Portfolio of Commercial Properties
- Portfolio of Residential Properties
- Single Family Residence
Loan Types
- Private Money
- Hard Money
- Residential Bridge
- Residential Fix and Flip
- Residential Rehab and Rent
- Residential Ground-Up Construction
- Commercial Bridge
- Commercial Property Value Add
Specialty Loan Types
- Line of Credit Portfolio of Properties
Max Loan-to-Purchase Price
80%Borrower Must Have Property Under Contract
noWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Gap Lender
Experience Required
yesMinimum Number of Value-Add Projects Completed by Borrower
1Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
100%Interest Charged for Renovation Costs
Entire Amount of Total Project CostsTypical Number of Days for Funds Draw
3Maximum After Repair Value
75%Development Experience Required
yesMinimum Number of Ground-Up Construction Projects Completed by Borrower
3Max LTC for Ground-Up Construction Costs
75%Interest Charged for Construction Costs
Entire Amount of Total Project CostsWill Lend on Partially Completed Construction Projects
yesFees which are mandatory for all new borrower clients
- Appraisal Fee
- Credit Report Fee
- Background Check Fee
- Extension Fee
Fees which are paid to a third party company
- Appraisal Fee
- Credit Report Fee
- Background Check Fee
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FlipSimpli provides affordable capital to real estate investors while keeping the process simple.
Office Locations
Ernie Blockburger2605 S MacDill Ave, Tampa, Florida 33629
Contact 1122
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