Fix-and-flip loans are short-term credits intended to help real estate investors to acquire property, renovate it, and resell it at a profit. They allow investors to fix up an outdated or unappealing property and make proceeds from selling it. Sometimes referred to as “private money loans,”, fix-and-flip loans are offered by private investors or an investor fund rather than banks and credit unions.
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Last updated: [August 7, 2023]
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