Fix and Flip Loans in Massachusetts
Massachusetts’ real estate market continues to present strong opportunities for property investors. Norfolk Capital provides fast, flexible fix and flip loans across the state to help investors acquire, renovate, and resell properties without the delays of traditional financing.
About Norfolk Capital’s Fix and Flip Loans in Massachusetts
Real estate investors across Massachusetts rely on fast access to capital to secure profitable opportunities. Norfolk Capital provides fix and flip financing designed to help investors acquire properties quickly, fund renovations, and bring homes back to market efficiently. With decades of experience working with developers and real estate investors, our team understands how to structure financing that aligns with renovation timelines, resale goals, and local market conditions throughout Massachusetts.
Whether you’re renovating a single-family home or repositioning a multi-unit investment property, our fix and flip loans provide the flexibility and speed investors need to stay competitive in today’s real estate market.
Advantages of Our Fix and Flip Loans in Massachusetts
Norfolk Capital offers flexible financing solutions tailored to the needs of real estate investors across Massachusetts. Our lending programs are designed to help investors move quickly, complete renovations efficiently, and maximize returns on their projects.
Competitive interest-only fix and flip loan programs
Loan terms starting at 12 months with flexible extensions
Fast closings to help investors secure opportunities quickly
Low down payment options based on project structure
No prepayment penalties on many loan programs
Dedicated loan specialists who understand investor financing
Interest rates and loan terms vary based on asset valuation, borrower experience, and project structure.
Fix and Flip Loans Frequently Asked Questions
What is a Fix and Flip Loan?
A fix and flip loan is a short-term financing solution designed for real estate investors who purchase, renovate, and quickly resell properties. In Massachusetts, these loans are commonly used to fund acquisition and renovation costs with the goal of maximizing resale value.
What is the difference between Hard Money and Conventional Loans?
Hard money loans focus primarily on the value of the property and the investment opportunity, rather than borrower income or credit alone. This allows for faster approvals and closings compared to traditional financing, which is ideal for time-sensitive real estate investments.
What interest rate are your loans?
Interest rates start at a competitive rate but are dependent on a number of factors, including project type and complexity, the value of the
project, loan size, location, and borrower experience.
Why partner with Norfolk Capital?
you get a team that understands your needs and can help you get the best program for your situation. When you work with
Norfolk Capital, you get more than a lender. You get a team that’s on your side, focused on your success.
What kind of projects do you fund?
- Residential properties with 1-4 units
- Multifamily projects with 5+ units
- Mixed-use projects
- Commercial properties
We fund all types of situations, from acquisitions to refinance, and from buy and hold to sell.
What do I need to apply?
Information about the project:
- Address
- Property Type
- Acquisition cost
- Renovation goals, budget, and an estimated renovated value
Information about yourself:
- Experience with similar projects
- Job and stated income
- Liquidity (cash and retirement accounts)
- Other real estate owned
- Credit score – We only run credit if we have to. But keep in mind that low credit is not a barrier to getting a loan.
What documentation is required?
- Sales Contract
- Construction Budget
- Bank statements
- A list of properties you currently own (an REO Schedule)
- Experience with Similar projects
- Credit and background checks
- Rental income (for rental projects)
- LLC Operating Agreement or Articles of Incorporation
How much money do I need to close?
- Down payments as low as 10% of the acquisition
- Money to start work on your project
- Closing costs and loan fees
- Interest payment reserves
Some of this will be collected at closing; some of it we will want to see in your bank statement to ensure you have the liquidity to keep the project moving.
How quickly can you close?
appraisal generally holds up the process, though this is not always required for a loan. If you want to close quickly, make sure
you respond quickly to documentation requests and have everything ready.
What States do you lend in?
Do I need an entity to purchase a home, or can I purchase as an individual?
Are rehab loans fully funded at closing?
through a draw process. Once a portion of the project is completed, you request a draw inspection. The inspector typically
comes out within 48 hours to review work and submits a report. In some areas, this is a Norfolk Team member who partners
with you throughout the process.
Can I qualify if I have bad credit?
other factors such as your experience. We’ll want to understand the situation behind your credit score, but borrowers with bad
credit qualify for hard money loans all the time.
