Fix Up Funding provides private money loans for the acquisition and fix up of twin cities real estate.

We have been involved in the Twin Cities residential real estate full time for the past 15 years and we know areas and values; this helps with quick decisions without the need to appraisals. We are the ones who will directly meet with you and evaluate your deal. We are a licensed by the state of MN to originate loans service loans; this is important because we do not rely on other companies to originate loans that we fund.

It is always better to deal with a company that is licensed to originate and service loans. We are a regulated entity under NMLS#  1738460 and do not need to rely or third parties to originate the loans for you. This results in savings that can be passed on to you as well as peace of mind that all will go smoothly with your transaction. Because the Principal has been involved in over 859  single family home  transactions in the Twin Cities, there have not been many title scenarios that we have not encountered and have not already had to deal with.

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We provide loans that are secured by real estate owned or about to be owned by your company we also provide the funds necessary to fix the property up for resale.  When you find a property that meets our criteria we will provide the financing that is sometimes called Hard Money or a private money loan for your company to acquire and fix a property up.

While every deal is different we will lend funds for the acquisition or refinance of properties at rates ranging from 9-14% interest with  2 to 5 origination points for a 6-9 month term . We sometimes loan behind other financing to provide borrowers with the equity needed to fund the transactions. While we are looking  to fund deals maximum loan to value of 70% we will make some exceptions depending on other collateral you may have.

Once you fill out our Deal Evaluator tool and meet the qualifications, we can meet at the property do a quick walk through and verify your numbers and proceed to a closing. The process usually takes 3-4 business days although we have the capacity to close more quickly if needed.