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  1. #1
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    I am in the process of doing a fix and flip now. The amount of paperwork they need to get them done is crazy and the commission is low but once you get it done and get in if the person is someone who flips multiple houses a year it is a a program you can make a lot of money on over the life of the deal. Definitely not an easy deal to complete though.

    If anyone can give me info on Velocity I dont know them and would like to learn more
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  2. #2
    Karen37a
    Guest
    Quote Originally Posted by J.Celifarco View Post
    I am in the process of doing a fix and flip now. The amount of paperwork they need to get them done is crazy and the commission is low but once you get it done and get in if the person is someone who flips multiple houses a year it is a a program you can make a lot of money on over the life of the deal. Definitely not an easy deal to complete though.

    If anyone can give me info on Velocity I dont know them and would like to learn more
    http://www.scotsmanguide.com/Residen...rs/Fix-N-Flip/


    Follow the link They are on the bottom...also RCN is good

    I knew the answer to the fix and flip as I did loans for 15 years...was just seeing if anyone knew others I may not know...new players, new money

    ** i never did a deal with velocity...I just heard of them, seeing if anyone had a bad experience( which I doubt)
    Last edited by Karen37a; 03-01-2018 at 11:53 AM.

  3. #3
    Senior Member Reputation points: 12878
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    Quote Originally Posted by J.Celifarco View Post
    I am in the process of doing a fix and flip now. The amount of paperwork they need to get them done is crazy and the commission is low but once you get it done and get in if the person is someone who flips multiple houses a year it is a a program you can make a lot of money on over the life of the deal. Definitely not an easy deal to complete though.

    If anyone can give me info on Velocity I dont know them and would like to learn more
    I have funded with them before, what do you want to know?

  4. #4
    Senior Member Reputation points: 11116
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    Quote Originally Posted by nrh1lp View Post
    I have funded with them before, what do you want to know?
    Not to jack the thread but we do fix and flip leads as well as MCA leads and a few other categories, and always looking for more areas to break in to. mike@popcrumbs.com

  5. #5
    Senior Member Reputation points: 503040
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    Quote Originally Posted by J.Celifarco View Post
    I am in the process of doing a fix and flip now. The amount of paperwork they need to get them done is crazy and the commission is low but once you get it done and get in if the person is someone who flips multiple houses a year it is a a program you can make a lot of money on over the life of the deal. Definitely not an easy deal to complete though.

    If anyone can give me info on Velocity I dont know them and would like to learn more
    Velocity will finance the purchase of a fix and flip, but not the renovation. If commissions are low, charge a couple of points using a referral fee agreement.

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