Lincoln’s steady demand and reasonable days-on-market make it ideal for disciplined flips. Ambition Lending funds investor-purpose hard money loans with predictable draw schedules and transparent conditions so you can keep crews paid and timelines on track.
Structure That Works
Typical leverage up to 80–90% of purchase and up to 100% of rehab via milestone-based draws on qualifying files. Interest-only terms sized to project duration; extensions available case by case.
Build a Lincoln Flip Budget
- ARV $325,000; Rehab $35,000; Contingency 10–15%
- Max purchase by 70% rule: 0.70 × 325k – 35k = $192,500
- Holding/soft costs: $15k–$19k (interest, taxes, insurance, utilities, selling costs)
Draw Strategy
Use a 3–4 draw plan: rough-in, drywall, finishes, pre-punch. Label photos by room and milestone, schedule inspections 24–48 hours ahead, and provide invoices for big-ticket items.
Approval Signals We Like
Tight comps in the same school area, clean itemized scope tied to milestones, and an exit plan (list-and-sell or DSCR refi) aligned with market seasonality.
Q&A
Owner-builder? Cosmetic scopes may allow; larger scopes typically need licensed subs.
Manufactured homes? Case by case with foundation details.
Interest reserves? Sometimes on heavier value-add.
hard money lender in Lincoln
