We recently funded a $330,000 fix-and-flip deal for one of our clients with nothing down and $0 out of pocket at closing.

He did it using our Cross-Collateral loan. This is how it worked:

Our client, a local realtor and investor, locked up a nice deal in Lady Lake, FL. He also owned a condo in Orlando.

Instead of our client making a down payment, we were able to tap into the equity in his condo by utilizing our cross-collateral loan.

We set this loan up so that we covered the entire acquisition plus closing costs. Our client was able to close on this one without bringing a dollar to the table!

We love getting creative and doing deals like this with our clients!

If you own real estate and would like to use your equity to acquire more with nothing out of pocket, reach out to us right away!