Intermediate Flip
You’ve got a project that is more than a few cosmetic changes, but not a full-blown construction project – maybe a little floor plan change. Then with an intermediate loan we can help you get those changes made quickly.
We Make Financing Easy
You’re looking at a project that would require a little bit more than paint, tile, and some new fixtures; however, it’s not a full-blown construction project – maybe a little floor plan change. Then with an intermediate loan we can help you get that project off the ground. You’ll be turning that eye-sore of the block into a home that everyone will be envious of.
As a real estate investor with a project or two under your belt, you know a thing or two about tackling a fix and flip. Working on an intermediate renovation brings with it additional needs such as permits and increased building costs. We understand that acquiring building permits can be a hassle, so we aim to make securing financing as simple and quick as possible. Turning to a private lender like Boomerang Capital not only gives you the funding you need to get the project started but you get a knowledgeable project partner who wants to see you succeed.
Asset-Backed Lending
We are happy to fill in the lending gaps and serve the financing needs of underserved borrowers who have the ability to meet our loan terms and are backed by good collateral.
Fewer Fees
By avoiding the middle man, you can also avoid fees, including those for processing, document prep, credit checks, draw inspections, and appraisal fees.
Proof in Numbers
Boomerang Capital has funded over 2,500 loans, representing over $200 million of invested capital since our inception.
Adding Value
Fix & Flip
Glendale, AZ
This obviously dated, run-down split-level home in Glendale, AZ just needed a quick cosmetic flip, and our experienced borrower knew exactly what to do.
Fix & Flip
443rd Place, Phoenix, AZ
This entire area of Phoenix is undergoing a revitalization and our partner is a participant in that effort. His gorgeous fix & flip really captured the look and feel of mid-century modern aesthetics.
The Boomerang Process
1
Submit a Request for A Quote
Provide us some basic information about yourself and your planned project through the online application.
2
One of our loan officers will reach out to you
Based on the information you provide we will have a loan officer reach out to you and prepare a loan quote tailored to your specific project.
3
Complete the loan application process
One of our loan processors will walk you through the simple process.
4
We fund your loan
We can close on a loan in as short as 2-3 days. Our goal is to get you going on your project as quick as possible.
Finding the Next Hot Market
There is much to be said for being a specialist in a certain market or area, but sometimes it’s good to find a new neighborhood to work in. We have a few tips for finding new areas, ones that successful borrowers have shared with us.
Additional Boomerang Capital Services
Boomerang Capital offers loans for Cosmetic Flips, Intermediate Flips, Major Flips, New Construction as well as Bridge Loans. We are fast and dependable while providing innovative financing solutions. We strive to keep the process simple so you can focus on your project. Let us help you find the right type of financing for your next fix and flip.
Acquisition Financing
Purchasing a long-term rental, or a property for short term rentals? We can help with the short-term acquisition financing to bridge the gap until long term financing comes in.
Cosmetic Flip
A cosmetic flip project usually doesn’t need a ton of work, or require the permits mandated by the more in-depth flips or remodels.
Major Flip
A major-flip is one of those projects that is going to require more time, more experience, and definitely more funding, but the end results will be something more amazing.
We’re ready to fund your next deal.
We would love to speak to you personally about your project and how we can partner with you to support your success.