Financing for Property Flippers in Boston, MA

Progressive Capital Funding provides financing for fix and flip projects throughout Boston, MA. From Allston to Beacon Hill, Charleston, and all neighborhoods throughout the city, property flippers are breathing new life into entire communities and generating revenue for their efforts. Progressive Capital Funding is a locally-based financial firm that works directly with property flippers at all levels to provide the financing they need to purchase and renovate dwellings in Boston, MA.

Fix and Flip Loans for Properties in Boston, MA

Progressive Capital Funding offers fix and flip loans that are accessible with fast closings. Our fix and flip loans feature:

  • Loans from $50K to $7.5M for condos, townhomes, and 1-4 unit multifamily
  • Loans from $250K to $10M for 5+ unit multifamily and mixed-use
  • Up to 90% of cost for acquisitions
  • Up to 100% of rehab cost
  • Up to 75% ARV
  • Rates as low as 7.49%
  • Terms up to 12 months with a 6-month extension available
  • No prepayment penalty

To qualify for our fix and flip loans, applicants must meet the following requirements:

  • Minimum as-is property value of $50K for single family homes
  • Minimum as-is value of $25K per unit for 2-4 family properties
  • Minimum as-is value of $35K per unit for 5+ family and mixed-use properties
  • 620 Minimum FICO

Fix and flip loans from Progressive Capital Funding can be used for the following property types:

  • Non-owner occupied 1-4 family
  • Condos
  • Townhomes with 5+ units
  • Multifamily
  • Mixed-use

Fix and Flip Lines of Credit for Properties in Boston, MA

Fix and flip lines of credit from Progressive Capital Funding can be used by local property flippers to tackle individual properties on up to hundreds of units at once. Fix and flip lines of credit are flexible, accessible, and can be tailored to fit the size of any project (or projects) you have lined up in Boston, MA. Our fix and flip lines of credit include:

  • Credit limits up to $5 million
  • Available for 1 to 500+ properties
  • Up to 90% of cost for property purchases
  • Up to 95% of cost for renovations
  • Terms up to 12 years
  • Fast closings within 12 days

Progressive Capital Funding offers fix and flip lines of credit for the following property types in Boston, MA:

  • Condominiums
  • Single-family
  • Multifamily
  • Townhomes

Financing Tailored to the Needs of Property Flippers in Boston, MA

Property flippers in Boston, MA need financing tailored to the local real estate market and submarkets. They also need funding that can be arranged quickly to avoid unnecessary delays and red tape. Progressive Capital Funding is a locally-based firm with a focus on real estate financing in the Boston area. Our team is familiar with the ebb and flow of the market, as well as which neighborhoods are experiencing growing demands for renovated properties. If you need financing to purchase or renovate properties in Boston, contact the experts at Progressive Capital Funding.