What type of insurance do I need to flip houses?
Channel: Gleb
Date: 2022-04-16

Insurance is one of the most important things that you have to take care of whether you are going to do fix and flip or just purchase a rental property.

In this Zoom call, we are covering this aspect.

If you have any questions feel free to call me at 650.495.62.03 or simply text me a message on Facebook - https://www.facebook.com/glefimenko

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My name is Gleb. I am an account executive at Optimus Capital Corp (CA DRE #01979668). 

We are one of the biggest volume-based Private Capital Lenders in the US. 

We funded over 1,700 real estate projects since 2014 for the total amount of $900 mil. 

We strive to provide the best financing options for real estate investors (even first time), ranging from fix & flip, rental (including Airbnb), and new construction loans to help grow your portfolio and profitability. 

We have the most aggressive pricing, one of the most streamlined processes and we get your deal funded correctly the 1st time with no fees paid upfront.

Min loan amount - $100k. Min property value - $130k.

We lend primarily in California, Texas, and Florida, but cover also major metro areas in 40 states. 

My team of professionally trained underwriters and processors will help you to take care of all the aspects of the paperwork and appraisals. 

I am going to tell you right up front what I need from you to close quickly and efficiently and I’m going to hold you accountable throughout the entire process to make sure that you make it to the closing table on time.

That's why our loan closing ratio is over 90% by the way.

Our core products: 

Fix & Flip - Up to 90% of the purchase, 100% rehab, no income, no asset, no appraisals, rates start in the 7’s. The average turnaround is 7-10 business days.

Rental - up to 85%, 30 years fixed, 10-year interest-only, portfolio, and multi-family. Rates start at 5,5%

New Construction - Up to 85% loan to cost. Up to 50% land, 100% construction costs, rates start at 8%.

Cash-Out Refinance up to 75% 

I'd love to know more about your real estate investing journey and share detailed information about our easy step-by-step process of funding your next project. 

if you have any questions or need an approval letter feel free to call me at 650.495.62.03 

Best, 
Gleb Efimenko