Alabama is one of the most active flip markets in the country, and G Elite Capital funds house flippers from Birmingham, Huntsville, Mobile to rural rehab plays. Our Alabama fix and flip loan covers up to 90% of purchase and 100% of rehab, with interest-only payments and no prepayment penalty — so you can maximize leverage on every deal and roll capital into the next flip faster.
Birmingham, Huntsville, Mobile, Montgomery, Tuscaloosa, and every other Alabama market.
On a typical Alabama flip, expect to bring 10–15% of purchase price plus closing costs. On a $300K purchase, that's roughly $30K–$45K down + ~$8K closing — we fund the rest, including 100% of rehab.
Yes. First-time flippers in Alabama qualify with 650+ credit, 6 months of reserves, and a licensed general contractor on the scope. We may cap leverage slightly until deal #2.
We order a lender BPO or appraisal from a Alabama-licensed appraiser. ARV is based on 3–6 comparable sales within ~1 mile in the last 90 days. Our max loan is 75% of that ARV.
Our fastest Alabama closes have been under 7 business days. Have your entity docs, insurance, and rehab scope ready and we can typically fund in that window.