Fix and Flip Financing Solutions for Properties in Chicago, IL
AK Capital Finance supports property flippers who are breathing new life into individual homes and entire neighborhoods throughout Chicago, IL. Fix and flip projects allow commercial real estate investors at every level to generate income quickly and efficiently while revitalizing communities and attracting new residents to the Chicago area. To help local property flippers reach their goals, AK Capital Finance provides fix and flip lines of credit, as well as fix and flip loans.
Fix and Flip Lines of Credit for Chicago Property Investors
Designed for property flippers in Chicago, IL who are taking on one or more projects, fix and flip lines of credit from AK Capital Finance provide a robust and flexible solution. Our fix and flip lines of credit for Chicago property investors feature:
- Lines of credit available for 1 to 500+ properties
- Financing amounts ranging from $500,000 up to $5 million
- Up to 90% of cost for property purchases
- Up to 95% of cost for rehab and renovations
- Terms from 12 up to 24 months
- Fast closings within 18 days
- Low fixed interest rates starting at 7.49%
- Origination fees as low as 2%
- Applicable to condominiums, town homes, single-family, and multifamily properties
Fix and Flip Loans for Properties in Chicago, IL
At AK Capital Finance, we offer fix and flip loans to property investors in the Chicago area. Fix and flip loans offer flexible and versatile solutions with a number of advantages for local property flippers, such as:
- Financing amounts ranging from $75,000 up to $10 million
- Up to 85% of cost for property purchases
- Up to 100% of cost for rehab and renovations
- Up to 75% of After Repair Value (ARV)
- Terms up to 24 months
- Fast closings within 10 to 17 days
- Interest only payments
- Origination fees as low as 2%
- Low interest rates starting at 8.5%
- No prepayment penalties
- Applicable to condominiums, town homes, single-family, and multifamily properties
Flip Your Next Property with AK Capital Finance
AK Capital Finance understands the challenges facing property flippers in Chicago, IL. Traditional lenders continue to raise their requirements while simultaneously lowering the limits on funding for local commercial real estate investors. Our team has years of experience and a deep knowledge of Chicago property markets. Our expertise, combined with our ability to go above and beyond for property investors in the Chicago area, allow us to offer financing solutions that can be scaled to fit fix and flip projects of any size in Chicago, IL. Our fix and flip financing is accessible to seasoned pros, those new to investment properties, and everyone in between. The team at AK Capital Finance will work with you directly to understand your needs, so we can structure fast and efficient funding to ensure your fix and flip projects are successful. Contact AK Capital Finance today to learn more about our fix and flip solutions for Chicago properties.