©2016 BY Monette Properties, LLC 

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Monette Properties, LLC

7740 Dale Ln Houston, TX 77040

409-223-2720
 

Fix & Flip Line Of Credit

  • Exposure line up to $100MM for experienced investors (1+ completed flip in the past 2 years)

  • $50K - $3MM

  • 9 months, with option for 3 months extension

  • Funding up to 90% of purchase price

  • Up to 95% of rehab costs, max 75% of ARV

  • No Prepayment Penalty 3 months minimum interest

  • Interest Rate: 6.99% and up

  • Individual, LLC, or Corporation

  • Credit: 620+

  • Non-Owner Occupied: Single family residences, 2-4 family units, Condos, Townhomes, Multi-family properties up to 20 units, and Ground-up construction