Thinking About Flipping a House in Edmonton?

May 2025 | Flip Mortgage Program

Are you eyeing that “fixer-upper” in Edmonton and dreaming of turning it into a showstopper? House flipping is more popular than ever, and with the right mortgage program, it’s easier to get started than you might think!

What is a Flip Mortgage Program?

A flip mortgage program is designed for buyers who want to purchase, renovate, and quickly resell a property. Unlike traditional mortgages, these programs are tailored for short-term projects and offer unique benefits that make flipping homes more accessible and profitable.

Why Consider a Flip Mortgage in Edmonton?

Edmonton’s real estate market is full of potential, especially for those willing to roll up their sleeves and add value to older homes. Here’s why a flip mortgage program could be your ticket to success:

1. Low Down Payment

You can get started with as little as $10,000 down. This means you don’t need a massive amount of cash upfront, making it easier for first-time flippers or investors to jump in.

2. Borrow Against After-Renovation Value

Unlike traditional mortgages that lend based on the current value of the home, flip mortgage programs can lend up to 80% of the property’s after-renovation value. That means more money in your pocket for those crucial upgrades- think new kitchens, bathrooms, or that open-concept living space everyone loves!

3. Fast Approvals

Time is money in the flipping game. With approvals in as little as 72 hours, you can move quickly on hot properties before someone else snaps them up.

4. No Prepayment Penalty

Want to sell your flip as soon as it’s ready? No problem! With no prepayment penalty, you can pay off your mortgage early and move on to your next project without extra costs.

Is a Flip Mortgage Right for You?

Flipping isn’t for everyone; it takes vision, hard work, and a bit of risk. But with the right support and an innovative mortgage solution, you could be well on your way to turning a profit and building your real estate portfolio.

If you’re curious about how a flip mortgage program can work for you in Edmonton, I’m here to help! Let’s chat about your goals, crunch the numbers, and see if flipping is your next big move.

Ready to get started? Contact me today and let’s turn those renovation dreams into reality!