Fix-and-flip loans in Springfield, MA

A national lender with a Springfield-area home base

Fast Flip Capital lends nationwide, and Springfield is our home market. Our office in East Longmeadow is a short drive from Forest Park, Sixteen Acres and downtown, so we know the neighborhoods, the housing stock and what a finished flip sells for.

What investors buy in Springfield

Much of the city's housing was built before World War II. Investors regularly find:

• Two- and three-family homes, including classic New England "three-deckers." All of these fit our 2–4 unit program.
• Older single-family colonials, capes and Victorians in neighborhoods like Forest Park, East Forest Park, Sixteen Acres and Pine Point.
• Historic homes in areas such as McKnight and Maple Hill, where exterior work may need historic commission review.

Massachusetts rules to budget for

• Lead paint. Most homes here were built before 1978. The Massachusetts Lead Law requires deleading when a child under six lives in the home, and buyers must receive lead disclosures. Plan for lead-safe practices and testing in your rehab budget and timeline.
• Smoke and CO certificate. Massachusetts generally requires a smoke and carbon monoxide compliance certificate from the local fire department before a home is sold. Schedule it before your listing goes live.
• Permits. Structural, electrical, plumbing and mechanical work needs city permits and licensed trades. Having permits in hand helps your draws, too.
• Title 5 (outside the city). In suburban towns on private septic, a Title 5 inspection is generally required at sale. Factor it into deals in Hampden County towns without sewer.

How our loans fit Springfield deals

Many Springfield flips have moderate purchase prices and meaningful rehab budgets. Financing up to 100% of the rehab lets you keep more cash for the next deal. With a $75,000 minimum loan and up to 90% of purchase financed, we can fund a wide range of Pioneer Valley projects. Your after-repair value caps the total loan at up to 75% of ARV, so bring solid comps.

• Single-family, 2–4 unit, condo and townhome flips
• First-time flippers welcome on light and moderate rehabs
• Draws released after third-party inspection
• No prepayment penalty when you sell early

Nearby communities we serve

• Chicopee
• West Springfield
• Holyoke
• Agawam
• Ludlow
• Longmeadow
• East Longmeadow
• Westfield
• Wilbraham
• Enfield, CT

Fast Flip Capital is a national lender. We finance fix-and-flip projects in most U.S. states. See where we lend.