Fix and Flip Loan | Carthage, NY

As a first time borrower, it is important to have the support and help you need to turn a profit on your flip. This first-time flipper discovered how Lima One’s fix and flip loan programs include much more than a loan, because our in-house team of experts is there throughout the entire process to help and guide you the investor, from initial contact to underwriting, servicing, and construction management.

The flipper bought this property for $65K in Carthage, NY as-is for $65K, and set out a construction budget of $75K. With Lima One’s help, this client was able to claim over a 30% profit on this first flip when it sold for $200K. The investor now has cash and knowledge for the next flip, and this New York neighborhood has a beautiful 5 bedroom, 3 bathroom family home available at an affordable price.

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