Texas Hard Money Lender: Here's Why December is the Best Time to Get a Fix and Flip Loan

It might sound crazy but getting a fix and flip loan in December or January is a perfect time. Read on to find out why.

Most people think about taking on a flip in the so-called "hot" months of the spring and summer. While any time of year can be a good time to do a fix and flip, there are many good reasons why December is the best month to find a project, get your funding secured, and start working. Here are just a few of them.

1. Prices Are Low. Real estate is traditionally a bit cold in the winter months. People don't relocate as much during the winter and this is especially true during the holiday season (November and December). The people who are selling are often desperate — maybe they have to move because of a job or a reassignment, or they're underwater on their loan and have to get out. Whatever the reason, homes that do hit the market during this time period tend to be cheaper.

2. The Timing is Perfect. It's the oldest adage in the book: buy low and sell high. The average time to complete a rehab in Phoenix, Arizona is 151 days according to Atom Data Solutions. That's just about five months, which puts your completed project on the market right as things are heating up. By timing it this way you might be able to put another 5-10% in your pocket when the deal is struck.

3. Competition is Lower. Many rehabbers use the holidays to relax or go on vacation, waiting until the new year to jump on a new project. You can use that to your advantage and snag a great property while they're "sleeping."

Fix and Flip Hard Money Loans Can Help You Strike at the Right Time

Convinced to grab a hot deal in the cold months? A hard money fix and flip loan can help. Unlike the banks, hard money lenders can approve you and get you your funding within a matter of weeks, which can mean the difference between striking at the right time or waiting until the wrong time.

Get a Loan at Level 4 Funding

Level 4 Funding offers a variety of options for fix and flip loans for your needs including 100% rehab cost loans. You'll find rates as low as 5.99% and terms that range for 3 months to sixty months. Fill out a quote form or give us a call to get started.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701
About: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.
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