With a Fix and Flip Loan you will be able to quickly have access to funding once you’re approved for one of these loans. It may take a few weeks to process a home loan. A Fix and Flip Loan may be processed in a few days.
The rules of such loans are also flexible. A large number of people that are not able to recieve conventional home loans may qualify for such loans. In addition, there is lower risk that comes with obtaining these types of loans. Fix and Flip loans are backed by property, so you will not lose your own house if you are unable to pay it off.