©2018 by Pimlico Group.

When it comes to flipping properties, the traditional route can be difficult and slow. With Pimlico, the experience is different. We believe in simple and straight forward loans, such as our Fix & Flip loan, which gives you an “all in one” program to help you acquire, rehab and quickly sell a property.

With this option, you’ll not only receive acquisition funds, you’ll also have access to a construction hold back account for the approved construction budget. We understand your need to finish your project and get the property back on the market quickly. With our streamlined online draw request process, you’ll receive draws when you need them throughout your rehab project.

Loan Requirements

  • For Individuals and Business Entities

  • Maximum LTV 70% (Finished Value)

  • Minimum Down Payment 10%-15 of purchased price

  • Personal Guaranty

Standard Loan Terms

  • 10-12% Interest Rate (Interest Only Payments)

  • 2-4 Origination Points

  • $0 Processing Fee

  • $0 Draw / Inspection Fee

  • 6-9 Months (Extensions Available)

Fix and Flip