{"id":4591,"date":"2017-04-16T21:56:54","date_gmt":"2017-04-17T02:56:54","guid":{"rendered":"https:\/\/financierevictoria.ctx-dev.fr\/?p=4591"},"modified":"2025-10-15T10:18:55","modified_gmt":"2025-10-15T14:18:55","slug":"finance-your-flip","status":"publish","type":"post","link":"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/","title":{"rendered":"Financing your flip is getting easier!"},"content":{"rendered":"

\"\"<\/p>\n

Financing your flip is getting easier!<\/h1>\n

House flip pros will tell you that private financing is the way to go if you want to take advantage of housing market opportunities. Are you dreaming of flipping a house that was either repossessed or inherited? Whether or not you have flipped a house before, do you need funding?<\/p>\n

The key to financing your flip: Speed<\/strong><\/span><\/h2>\n

Unlike private mortgage lenders, banks ask you to complete page after page of application forms and they take a long time to analyze your files. In the time it takes them to process your files, you will likely risk losing the building that you had hoped to make a profit from. <\/strong><\/span><\/p>\n

Flipping houses is a bit like investing in the stock market. You always have to be on the lookout and your have to draw more quickly than your competitors as soon as an opportunity presents itself.<\/p><\/blockquote>\n

If you go with a private mortgage lender, you can get a letter of approval the same day<\/strong><\/span><\/h2>\n

Actually, you can get a letter of approval on the spot. Being able to make a purchase offer with no financing conditions will give you a competitive advantage.<\/p>\n

Did you know that if you go through a private lender, you will be able to receive financing within a few days?\u00a0Even if;<\/p>\n

    \n
  • the property needs major repairs;<\/strong><\/li>\n
  • the banks have refused a loan based on your credit rating or because your debt-to-credit ratio is too high;<\/strong><\/li>\n
  • you have declared bankruptcy or have submitted a consumer proposal;<\/strong><\/li>\n
  • you have no capital, but you have other property assets and plenty of equity;
    \n<\/strong>And if your file is well prepared, private financing will allow you to obtain funds in less than one week.<\/li>\n<\/ul>\n

    Do you know why financial institutions refuse to finance flips?<\/p>\n

      \n
    • Banks don\u2019t make a lot of money on short-term loans;<\/strong><\/li>\n
    • They\u00a0hesitate when it comes to taking risks (i.e. a legal construction hypothec);<\/strong><\/li>\n
    • Banks are scared of the idea of being stuck with an empty house on which the renovations have not been completed;<\/strong><\/li>\n<\/ul>\n

      Two words to remember: flexibility and simplicity<\/strong><\/span><\/h2>\n

      First, the process of obtaining private financing through Victoria Financial is much easier than going through a bank. Here\u2019s all we need from you:<\/p>\n

        \n
      • The address of the property in question;<\/strong><\/li>\n
      • A list of the work that needs to be done, as well a proof of funds required to complete the work.<\/strong><\/li>\n
      • The amount of money you would like to borrow;<\/strong><\/li>\n
      • The property value (the amount paid);<\/strong><\/li>\n
      • A certificate of location, if you have it;<\/strong><\/li>\n<\/ul>\n

        Secondly, here are some general financing terms that you will encounter when you finance a house flip:<\/p>\n

          \n
        • Short-term loan (6 months or more);<\/strong><\/li>\n
        • Financing for up to 75% of the market value;<\/strong><\/li>\n
        • Possibility of receiving 100% financing if you own other buildings and have plenty of equity to guarantee the loan;<\/strong><\/li>\n
        • Monthly interest-only payments;<\/strong><\/li>\n
        • No bankruptcy or insolvency records search, no credit check, no income verification.<\/strong><\/li>\n<\/ul>\n

          Of course, certain conditions apply. The interest rate for private mortgage loan starts at 12%, a rate that often causes borrowers to hesitate.<\/p>\n

          Even if the role of the private mortgage lender is a passive one, the private lender has to be seen as a financial partner and not as a traditional capital source. Furthermore, going through a private mortgage lender will make it possible for you to flip more than one house at a time if several opportunities become available.<\/p>\n

          You might pay a higher interest rate, but if you are in a position to make a considerable profit when you sell the property you\u2019re flipping, it really is worth the money.<\/p><\/blockquote>\n

          Contact me via email at maxime.st-laurent@financierevictoria.com or by phone at 1\u00a0(877)\u00a0220\u20117738, ext.\u00a0101. I will help you calculate the profit on your next flip.<\/p>\n","protected":false},"excerpt":{"rendered":"

          Financing your flip is getting easier! House flip pros will tell you that private financing is the way to go if you want to take advantage of housing market opportunities. Are you dreaming of flipping a house that was either repossessed or inherited? Whether or not you have flipped a house before, do you need […]<\/p>\n","protected":false},"author":2,"featured_media":5587,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[20,39],"tags":[],"class_list":["post-4591","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-creditscore","category-flip-financing","post_format-post-format-gallery"],"yoast_head":"\nFinancing your flip is getting easier! - Victoria Financial<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Financing your flip is getting easier! - Victoria Financial\" \/>\n<meta property=\"og:description\" content=\"Financing your flip is getting easier! House flip pros will tell you that private financing is the way to go if you want to take advantage of housing market opportunities. Are you dreaming of flipping a house that was either repossessed or inherited? Whether or not you have flipped a house before, do you need […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/\" \/>\n<meta property=\"og:site_name\" content=\"Victoria Financial\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-17T02:56:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-15T14:18:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/financierevictoria.ctx-dev.fr\/wp-content\/uploads\/2020\/06\/Article-2-1024x684.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"684\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Maxime St-Laurent\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maxime St-Laurent\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/\"},\"author\":{\"name\":\"Maxime St-Laurent\",\"@id\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/#\/schema\/person\/bca4d360e69a064c1355bdf08ac377d8\"},\"headline\":\"Financing your flip is getting easier!\",\"datePublished\":\"2017-04-17T02:56:54+00:00\",\"dateModified\":\"2025-10-15T14:18:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/\"},\"wordCount\":634,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/financierevictoria.ctx-dev.fr\/wp-content\/uploads\/2020\/06\/Article-2.jpg\",\"articleSection\":[\"Credit score\",\"Flip financing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/\",\"url\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/\",\"name\":\"Financing your flip is getting easier! - Victoria Financial\",\"isPartOf\":{\"@id\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/financierevictoria.ctx-dev.fr\/wp-content\/uploads\/2020\/06\/Article-2.jpg\",\"datePublished\":\"2017-04-17T02:56:54+00:00\",\"dateModified\":\"2025-10-15T14:18:55+00:00\",\"author\":{\"@id\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/#\/schema\/person\/bca4d360e69a064c1355bdf08ac377d8\"},\"breadcrumb\":{\"@id\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/#primaryimage\",\"url\":\"https:\/\/financierevictoria.ctx-dev.fr\/wp-content\/uploads\/2020\/06\/Article-2.jpg\",\"contentUrl\":\"https:\/\/financierevictoria.ctx-dev.fr\/wp-content\/uploads\/2020\/06\/Article-2.jpg\",\"width\":2560,\"height\":1709},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Financing your flip is getting easier!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/#website\",\"url\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/\",\"name\":\"Victoria Financial\",\"description\":\"Private mortgage lender in Montreal\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/#\/schema\/person\/bca4d360e69a064c1355bdf08ac377d8\",\"name\":\"Maxime St-Laurent\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/financierevictoria.ctx-dev.fr\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/financierevictoria.ctx-dev.fr\/wp-content\/uploads\/2020\/05\/maxime-st-laurent-150x150.jpg\",\"contentUrl\":\"https:\/\/financierevictoria.ctx-dev.fr\/wp-content\/uploads\/2020\/05\/maxime-st-laurent-150x150.jpg\",\"caption\":\"Maxime St-Laurent\"},\"description\":\"Pr\u00e9sident Fondateur et Sp\u00e9cialiste en pr\u00eat hypoth\u00e9caire priv\u00e9 Maxime a fond\u00e9 Financi\u00e8re Victoria en 2013 afin de r\u00e9soudre un probl\u00e8me important auquel les gens \u00e9taient confront\u00e9s, soit l\u2019acc\u00e8s \u00e0 du financement hypoth\u00e9caire bas\u00e9 sur le capital net disponible sur leur propri\u00e9t\u00e9. Ses comp\u00e9tences dans le domaine du pr\u00eat hypoth\u00e9caire priv\u00e9, des solutions de financement alternatives et le domaine bancaire permettent aux clients de Financi\u00e8re Victoria d'avoir acc\u00e8s \u00e0 du financement priv\u00e9 de mani\u00e8re responsable tout en b\u00e9n\u00e9ficiant de crit\u00e8res de souscription grandement assouplis. Le partage de ses connaissances fait partie de ses priorit\u00e9s.\",\"sameAs\":[\"https:\/\/ca.linkedin.com\/in\/maxime-st-laurent-cpa-ca-cfa-912a0624\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Financing your flip is getting easier! - Victoria Financial","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Financing your flip is getting easier! - Victoria Financial","og_description":"Financing your flip is getting easier! House flip pros will tell you that private financing is the way to go if you want to take advantage of housing market opportunities. Are you dreaming of flipping a house that was either repossessed or inherited? Whether or not you have flipped a house before, do you need […]","og_url":"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/","og_site_name":"Victoria Financial","article_published_time":"2017-04-17T02:56:54+00:00","article_modified_time":"2025-10-15T14:18:55+00:00","og_image":[{"width":1024,"height":684,"url":"https:\/\/financierevictoria.ctx-dev.fr\/wp-content\/uploads\/2020\/06\/Article-2-1024x684.jpg","type":"image\/jpeg"}],"author":"Maxime St-Laurent","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Maxime St-Laurent","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/#article","isPartOf":{"@id":"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/"},"author":{"name":"Maxime St-Laurent","@id":"https:\/\/financierevictoria.ctx-dev.fr\/en\/#\/schema\/person\/bca4d360e69a064c1355bdf08ac377d8"},"headline":"Financing your flip is getting easier!","datePublished":"2017-04-17T02:56:54+00:00","dateModified":"2025-10-15T14:18:55+00:00","mainEntityOfPage":{"@id":"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/"},"wordCount":634,"commentCount":0,"image":{"@id":"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/#primaryimage"},"thumbnailUrl":"https:\/\/financierevictoria.ctx-dev.fr\/wp-content\/uploads\/2020\/06\/Article-2.jpg","articleSection":["Credit score","Flip financing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/","url":"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/","name":"Financing your flip is getting easier! - Victoria Financial","isPartOf":{"@id":"https:\/\/financierevictoria.ctx-dev.fr\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/#primaryimage"},"image":{"@id":"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/#primaryimage"},"thumbnailUrl":"https:\/\/financierevictoria.ctx-dev.fr\/wp-content\/uploads\/2020\/06\/Article-2.jpg","datePublished":"2017-04-17T02:56:54+00:00","dateModified":"2025-10-15T14:18:55+00:00","author":{"@id":"https:\/\/financierevictoria.ctx-dev.fr\/en\/#\/schema\/person\/bca4d360e69a064c1355bdf08ac377d8"},"breadcrumb":{"@id":"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/#primaryimage","url":"https:\/\/financierevictoria.ctx-dev.fr\/wp-content\/uploads\/2020\/06\/Article-2.jpg","contentUrl":"https:\/\/financierevictoria.ctx-dev.fr\/wp-content\/uploads\/2020\/06\/Article-2.jpg","width":2560,"height":1709},{"@type":"BreadcrumbList","@id":"https:\/\/financierevictoria.ctx-dev.fr\/en\/finance-your-flip\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Accueil","item":"https:\/\/financierevictoria.ctx-dev.fr\/en\/"},{"@type":"ListItem","position":2,"name":"Financing your flip is getting easier!"}]},{"@type":"WebSite","@id":"https:\/\/financierevictoria.ctx-dev.fr\/en\/#website","url":"https:\/\/financierevictoria.ctx-dev.fr\/en\/","name":"Victoria Financial","description":"Private mortgage lender in Montreal","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/financierevictoria.ctx-dev.fr\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/financierevictoria.ctx-dev.fr\/en\/#\/schema\/person\/bca4d360e69a064c1355bdf08ac377d8","name":"Maxime St-Laurent","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/financierevictoria.ctx-dev.fr\/en\/#\/schema\/person\/image\/","url":"https:\/\/financierevictoria.ctx-dev.fr\/wp-content\/uploads\/2020\/05\/maxime-st-laurent-150x150.jpg","contentUrl":"https:\/\/financierevictoria.ctx-dev.fr\/wp-content\/uploads\/2020\/05\/maxime-st-laurent-150x150.jpg","caption":"Maxime St-Laurent"},"description":"Pr\u00e9sident Fondateur et Sp\u00e9cialiste en pr\u00eat hypoth\u00e9caire priv\u00e9 Maxime a fond\u00e9 Financi\u00e8re Victoria en 2013 afin de r\u00e9soudre un probl\u00e8me important auquel les gens \u00e9taient confront\u00e9s, soit l\u2019acc\u00e8s \u00e0 du financement hypoth\u00e9caire bas\u00e9 sur le capital net disponible sur leur propri\u00e9t\u00e9. Ses comp\u00e9tences dans le domaine du pr\u00eat hypoth\u00e9caire priv\u00e9, des solutions de financement alternatives et le domaine bancaire permettent aux clients de Financi\u00e8re Victoria d'avoir acc\u00e8s \u00e0 du financement priv\u00e9 de mani\u00e8re responsable tout en b\u00e9n\u00e9ficiant de crit\u00e8res de souscription grandement assouplis. Le partage de ses connaissances fait partie de ses priorit\u00e9s.","sameAs":["https:\/\/ca.linkedin.com\/in\/maxime-st-laurent-cpa-ca-cfa-912a0624"]}]}},"_links":{"self":[{"href":"https:\/\/financierevictoria.ctx-dev.fr\/en\/wp-json\/wp\/v2\/posts\/4591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financierevictoria.ctx-dev.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financierevictoria.ctx-dev.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financierevictoria.ctx-dev.fr\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financierevictoria.ctx-dev.fr\/en\/wp-json\/wp\/v2\/comments?post=4591"}],"version-history":[{"count":4,"href":"https:\/\/financierevictoria.ctx-dev.fr\/en\/wp-json\/wp\/v2\/posts\/4591\/revisions"}],"predecessor-version":[{"id":7955,"href":"https:\/\/financierevictoria.ctx-dev.fr\/en\/wp-json\/wp\/v2\/posts\/4591\/revisions\/7955"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financierevictoria.ctx-dev.fr\/en\/wp-json\/wp\/v2\/media\/5587"}],"wp:attachment":[{"href":"https:\/\/financierevictoria.ctx-dev.fr\/en\/wp-json\/wp\/v2\/media?parent=4591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financierevictoria.ctx-dev.fr\/en\/wp-json\/wp\/v2\/categories?post=4591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financierevictoria.ctx-dev.fr\/en\/wp-json\/wp\/v2\/tags?post=4591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}