Fix and Flip Loans: Money Lenders for Flipping Houses

A “fix and flip” is an investment in which a run-down or distressed property is bought at a low price, renovated, and sold at a higher price. It can be a lucrative real estate investment—some investors build whole careers on fix and flip projects.

Fix and flip projects are always risky. For one, investors must find ways to renovate and beautify a run-down house without incurring high remodeling costs. And, even when a house has been fixed up, there’s no guarantee that it will rise significantly in value—it the value rises at all.

But the main risk is in the initial purchase of the property. Even the most debilitated properties may require a hefty up-front cost, and it’s crucial that you acquire the appropriate amount and type of funding.

No matter, fix and flip financing is both common and fruitful. If it wasn’t, then house flipping wouldn’t be such a popular real estate activity across the country.

Let’s examine fix and flip financing:

Check out this resource to learn more about fix and flip financing, and how to proceed after you’ve received financing.

What is a Fix and Flip Loan?

Most fix and flip projects are financed via loans. There are a variety of loans that may be acquired for a house flipping project, and there are slew of lenders. Not all loans and lenders are equal. If you plan on house flipping, it’s important you know exactly what loans are at your disposal, and who offers them.

Types of Financing for House Flipping

Bank secured loan

Banks are a common lender in the United States. Unfortunately, banks don’t typically offer loans that are optimal for fix and flip projects.

Most banks don’t offer short-term financing for house flipping. They prefer to finance properties that will be held long-term because they get more money from long-term mortgage payments. If a bank does decide to offer a fix and flip loan, the loan often comes with strict terms and conditions that aren’t agreeable to the investor.

Investors want to sell the renovated property as soon as possible—in fact, most flipped houses are sold within a year following their purchase. Investors want to sell quickly so they can pay back their loan fast and avoid paying lots of interest. They must also pay more property taxes the longer they hold the property. Thus, investors need short-term financing.

Hard money loan

A hard money loan is the most popular way of financing a fix and flip. Hard money loans are usually short-term loans that must be paid off within 2 months to a year. They’re generally riskier than a secured loan, so their interest rates are higher.

Your hard money loan may be determined by two different ratios: LTV or ARV.

LTV is “Loan to Value.” This ratio calculates the loan amount as compared to the value of the distressed property. Most LTV loans are offered at 65% to 80% of the property value.

ARV is “After Repair Value.” This ratio calculates the projected value of the property after renovation has been completed—the value is assessed by an appraiser. Most ARV loans are offered at 70% of the projected value of the house after renovation.

As you can see, neither type of hard money loan is offered at 100%. Investors are always expected to contribute some of their own funds to purchase of the property they want to flip.

Other Types of Loans

There are a few other types of loans that may be used for house flipping. They’re not as optimal as hard money loans, but they might be good options under certain circumstances.

Crowdfunding

The 2013 JOBS Act (Jumpstart Our Business Act) made it legal for investors to utilize crowdfunding to finance fix and flip projects.

With crowdfunding, those who contribute financing may be given a stake in the project, typically their repaid contribution plus interest, but they could potentially receive other perks.

401K loan

You can borrow money from your 401K to finance house flipping. After the house is flipped, you pay back the borrowed money to your 401K, plus interest. Your 401K can’t make any investment gains from the house flip, only gains from accrued interest.

Remember, a 401K is a retirement account, so you might face a penalty if you withdraw money before you’re 55 years old. But 401K loans provide you with fast money—sometimes you can receive it within a few days—and they’re also usually short-term, which is necessary for fix and flip projects.

Still, due to the risks associated with house flipping, many investors feel uncomfortable about taking a loan—and possibly a loss—from their own retirement account.

Home equity line of credit

In similar fashion to a 401K loan, you can also borrow against the available equity in your home.

You must have an existing property, and the amount that you owe on the property must be less than its value. Here’s a quick formula that will help you determine your loan amount:

Value of property – amount you owe on property = new value.

You can typically borrow up to 85% of the new value; so, the less you owe on your home, the more you can borrow.

Opening a line of credit from your home equity is a risky venture because your home is used as collateral. The risk of losing an existing property (and one with much of its mortgage paid off) is enough to keep many investors from using this kind of financing for house flipping.

Bridge loan

A bridge loan is used by investors to purchase a new property before they’ve sold an existing one.

Let’s say that you’ve stumbled upon a good property at a great price. You want to purchase it, but you don’t have the immediate funds. To get the money, you’d have to sell an existing property that you own. But the existing property could take months to sell, and by then the new property might be purchased by another investor.

That’s where a bridge loan comes in handy. A bridge loan is a short-term loan that’s paid off between 2 weeks and a year—which is perfect for house flipping. A bridge loan provides an investor with money to purchase the new property. The loan is paid back with money the investor gets when the old property is sold.

Like hard money loans, bridge loans usually have high interest rates. Unlike hard money loans, bridge loans are only given to purchase a property. You can’t fund property renovation with bridge loans. This makes bridge loans less ideal for house flipping than hard money loans.

Cash out refinance

A cash out refinance is when you refinance an existing property to finance a new property.

It’s similar to opening a home equity line of credit. With a cash out refinance, however, your original mortgage must be paid-off before you can borrow equity from it. When you receive a new mortgage, the difference between it and your old mortgage can be taken out as cash. Here’s the formula:

New mortgage – old mortgage = available cash

Loans are offered at up to 75% of your existing property. The higher your property value, the more cash you can receive from a refinance. There are no restrictions on what you can use the cash for, so house flipping investors can use it to finance a fix and flip.

Unfortunately, cash out refinance loans are long-term loans. They’re often set for 15 to 30 years, and qualifications are more strict than the qualifications for hard money loans. For those reasons, they’re not ideal for house flipping.

Best Loan for House Flipping

A hard money loan is the most ideal way to finance a fix and flip.

Hard money loans are short-term loans and you can receive the money soon after you’ve applied for it. Thus, they’re better optimized for the quick turnaround times required by fix and flip projects.

Interest rates may be higher than other options, but you’ll avoid the unending months of interest that come from long-term loans and receive flexible funding when you need it.

Who provides hard money loans?

Most banks don’t supply hard money loans. You might have to seek them from a hard money lender. There are a few hard money lenders nationwide, but due to differences in local real estate laws (hard money loans in Texas might come with different stipulations than ones in California), most hard money lenders only operate statewide. Look for a statewide lender first before you seek nationwide lenders.

Hard money lenders like Source Capital are great resources. Their hard money loans are specially optimized for fix and flip projects and you’ll get competitive rates!

Although it’s impossible to avoid risk during a house flipping project, a quality loan from a tried-and-true hard money lender will go a long way in protecting your initial purchase.

4.5.2013 – Real Estate Investments

 

With April 15th just around the corner, many people are already spending their tax return. At least in their head. Those who will receive money back may use it to pay off bills or buy something they’ve been longing for. Some may decide to take their money and turn it into an investment hoping to increase their gain even further.

 

When it comes to investing, as we all know, there are many options. Real estate investing alone provides multiple choices. You can purchase income producing properties, such as an apartment complex or office building. (If you own or manage one such property, check out some real estate marketing tips.) Getting involved with remodeling and flipping a less expensive fixer-upper is another investment opportunity. Then there is the low stress, non-labor intensive option that hard money lender Source Capital Funding offers; trust deed loan investments.

 

Funding trust deed loans gives money to someone to purchase a home or piece of property or to complete a construction project. This type of real estate investment, not only helps you to earn money, it also helps improve our economy by putting more active funds in the market. It’s an opportunity to help the buyer and the community, while also increasing your monthly income.

 

Here is what one of our satisfied investors is saying about their experience.

 

Working with Source Capital has been such a pleasurable experience. We are so grateful to have found this team to help direct our investments. Their business mode is honest, fair, and trustworthy ~ three traits that are difficult to find. We look forward to continuing our business relationship.

 

And below is a shared experience from a long time investment client.

 

Since 2007 I invested with Source Capital, it has been a great rewarding experience with an 11% .return on my money, hard to beat. Thank you Pat and Sacha for your help, professionality, honesty and ethics. I already recommended you to my family and friends.

 

For more perspectives from investors, buyers, brokers and other real estate professionals and clients, visit the Testimonial page on the Source Capital website. You can also learn more about us and people’s experiences on our Google page.

If you are interested in finding out about trust deed loan investment opportunities or any of Source Capital’s services, you can call 858-705-6144 or toll free at 888-334-6636. You can also email private money loan experts, Sacha Ferrandi at sferrandi@hardmoneyfirst.com and Pat Hook at phook@hardmoneyfirst.com.

 

 

 

 

 

 

 

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options through Arizona and California. Source Capital lends in all major cities in Arizona, including Phoenix, Tucson, Mesa, Chandler and Glendale and in California, including, San Francisco, Los Angeles, Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside. If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor to help supply loans, contact us at the numbers and email addresses listed above. You can also email us using this convenient online form.

 

 

 

In addition to our Google profile page, you can find us on Facebook and Twitter. I hope you had a great week and have a great weekend!  –Sindi Somers

 

4.3.2013 – Why Source Capital?

 

Buying, building or investing? Source Capital can help!

As a consumer, it is always helpful to have a recommendation from someone. When it comes to something that involves our finances or security, a trusted referral becomes even more important. Private money lender, Source Capital gives opportunities to those that want to invest, those that want to buy and those looking to make improvements. Whether a private real estate investor, first time home buyer or someone in need of a construction loan, Source Capital is a beneficial resource.

 

 

 

If you are searching for a private lender for yourself, your clients or as a place to invest, Source Capital may be just who you were looking for. Below are examples of how Source Capital’s Trust Deed Loan experts, Sacha Ferrandi and Pat Hook impact those they work with.

 

 

 

AN APPRAISER GIVES PRAISE TO SOURCE CAPITAL

 

 

 

As an appraiser who has worked with Sacha and Patrick for the last 3 + years. I can confidently say they are the most professional, prompt, courteous, and efficient private lender I have ever worked with!! They spend countless hours working with their client’s needs, whom several I have also had the pleasure of working with. They always stay current upon all of the recent changes regarding the lending industry, as well as local rules. It is always a pleasure working with anyone within their company. Keep up the good work!!

 

 

 

A REAL ESTATE BROKER GIVES SOURCE CAPITAL MORE THAN 5 STARS!

 

 

 

As an experienced real estate broker in the Bay Area, Sacha is my new ‘go to’ guy for private lending. After dealing with three different private lenders who failed to perform for my Buyers on their new home purchase, Sacha saved the deal – and delivered exactly what he promised, when promised. His focus on customer service is a 10+. He’s now on my speed dial. Don’t hesitate to use Source Capital. They deserve more than 5 stars!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options through Arizona and California. Source Capital lends in all major cities in Arizona, including Phoenix, Tucson, Mesa, Chandler and Glendale and in California, including, San Francisco, Los Angeles, Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside. If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor to help supply loans, contact us at the numbers and email addresses listed above for Sacha and Pat. You can also email us using this convenient online form.

 

 

 

 

 

 

 

You can learn more about Source Capital, including reading more reviews on our Google profile page. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter. Enjoy your week! –Sindi Somers

 

 

4.1.2013 – Build It and They Will Buy

 

Across the country, construction spending is on the rise.

What do you do if there aren’t enough houses for sale to satisfy the demand for them? Build more!  With the prominent shortage of real estate inventory and the increase in demand for property, builders have gotten busy.

 

 

 

According to a report cited in the article at the link below, U.S. builders’ spending has increased twenty percent from this time last year. Twenty percent! With the slowing of foreclosures and short sales and more buyers in the financial position to spend, the real estate market is definitely in a different place. Creating more options for residential buyers via new construction is a smart move and sure to be a relief for those wanting and needing a home.

 

 

 

To learn more, you can read the article in its entirety at the link below.

 

 

 

Construction spending is on the rise across the country.

 

 

 

Whether you are interested in purchasing a home that is already built or you want to be a part of the building process, Source Capital can help. Loan experts, Sacha Ferrandi and Pat Hook offer trust deed loans, for those wanting to purchase, as well as build. If you have questions, they are happy to answer them. They can be reached at 858-705-6144 or toll free at 888-334-6636. You can also email Sacha at sferrandi@hardmoneyfirst.com and Pat at phook@hardmoneyfirst.com.

 

 

 

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options through Arizona and California. Source Capital lends in all major cities in Arizona, including Phoenix, Tucson, Mesa, Chandler and Glendale and in California, including, San Francisco, Los Angeles, Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside. If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor to help supply loans, contact us at the numbers and email addresses listed above for Sacha and Pat. You can also email us using this convenient online form.

 

You can learn more about Source Capital on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter. It’s the first day of April. I actually didn’t hear the words “April Fools” all day! I hope your new month is off to a great start!  –Sindi Somers

 

 

3.29.2013 – Investment Opportunity

There are many ways to invest in real estate. You may choose to purchase a fixer-upper and flip it for a profit. Another option is to buy commercial real estate or an apartment complex and collect monthly rent, as the property value increases. But for those that are looking for an investment that will require less of a time commitment, private lender trust deed loan programs are worth considering.

A buyer needs funding. If they need it fast or they aren’t able to qualify for a loan they can apply for a non-traditional bank loan with a private lender. That’s where the investment opportunity comes in. As an investor, you provide the money to fund the loan. The lender acts as an intermediary between the two parties, handling all aspects of the transaction, including overseeing the completion of the legal paperwork. While the loan is being paid off, the investors collect the monthly payments with an added percentage rate making a monthly profit for the term of the loan. The property’s deed of trust is the collateral of the loan. When funding a trust deed loan the investor’s money is secured by the property being purchased.

 

 

 

If you are interested in finding out more about this low risk investment opportunity contact Sacha Ferrandi or Pat Hook of Source Capital. They are happy to answer any questions you have. They can be reached at 858-705-6144 or toll free at 888-334-6636. You can also email Sacha at sferrandi@hardmoneyfirst.com and Pat at phook@hardmoneyfirst.com.

 

 

 

Whether you are looking to invest in a trust deed loan or apply for a real estate loan yourself, Source Capital can be a great resource for you! Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options through Arizona and California. Source Capital lends in all major cities in Arizona, including Phoenix, Tucson, Mesa, Chandler and Glendale and in California, including, San Francisco, Los Angeles, Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside.

If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor to help supply loans, contact us at the numbers and email addresses listed above for Sacha and Pat. You can also email us using this convenient online form.

 

You can learn more about Source Capital on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter. Hope you had a good week and that you have a great weekend all!  –Sindi Somers
 

3.28.2013 – Phoenix Striking A Balance

I know I may have been redundant, as of late with all my reports of inventory shortages, rising prices and bidding wars between buyers.  Well… surprise! I have a real estate market stand out to report today.

 

 

While other areas of the country are weighing favorably on the side of the sellers, the Phoenix, Arizona luxury housing market has seemed to have struck a rare balance. Prices are rising, but not skyrocketing and there are ample choices in the market for high end buyers. The changes in the Phoenix market are moderate compared to other areas I have been sharing with you.

 

More details about this interesting difference in the real estate market are featured in an article in the Phoenix Business Journal. You can read the article in its entirety at the link below.

Phoenix, Arizona’s luxury housing market is a unique specimen in today’s market.

Whether you are looking to purchase in Phoenix or anywhere in Arizona or California, Source Capital can be a great resource for you! Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options through Arizona and California. Source Capital lends in Phoenix and all major cities in Arizona, including Tucson, Mesa, Chandler and Glendale and in California, including, San Francisco, Los Angeles, Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside. If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor to help supply loans, contact us  at 858.705.6144. You can also email us using this convenient online form.

 

You can learn more about Source Capital on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter. Hope to see you in social media land. Have a great weekend!  –Sindi Somers
 

3.26.2013 – Napa Valley, California

Napa Valley is well known for many things, including its vineyards.

I’ve never been there, but I have heard Napa Valley, California is beautiful. It’s also known, of course for the wine the area produces. A lot of people visit Napa, but what would you think about living there? If you are in the market for property, perhaps Napa is a place to consider. Either for a lovely full time residence or a relaxing and fun part-time vacation getaway.

 

I found the article at the link below interesting and educational about the Napa Valley real estate market. As I have reported previously there is a drop in available inventory in many areas. Napa Valley is one such area.

 

What’s changed since 2012 in Napa Valley, California?

 

Whether you are looking to purchase in Napa Valley or anywhere in California or Arizona, Source Capital can be a great resource for you.

 

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options throughout California and Arizona. Source Capital lends in Napa Valley, San Francisco and  all major cities in northern and southern California, including, Los Angeles, Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside and also in Arizona including, Phoenix, Tucson, Mesa, Chandler and Glendale. If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor to help supply loans, contact us  at 858.705.6144. You can also email us using this convenient online form.
 
You can learn more about Source Capital on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter. I hope you are enjoying the last week of March. Still so hard to believe the year is moving, as fast as it is. Have a good one! –Sindi Somers
 

3.24.2013 – Malibu’s Carbon Beach

I have posted before about some of the world’s most expensive available real estate. According to a recent report on Forbes.com, Malibu, California could be on that list.

 

As far as beachfront property goes, Malibu’s, Carbon Beach has some of the most expensive in the world. Boasting two hundred thousand dollars per foot of beachfront, Malibu is about twenty miles from Hollywood. Some of its famous residents include, Paul Allen, David Geffen and Joel Silver.

 

Read more on the topic at the link below.

 

 

 

 

 

 

 

The world’s most expensive beachfront real estate includes, Malibu, California.

 

 

 

 

 

 

 

 

Whether you are looking to purchase in Malibu or anywhere in California or Arizona, Source Capital can be a great resource for you.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options throughout California and Arizona. Source Capital lends in San Francisco and  all major cities in California, including, Los Angeles, Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside and also in Arizona including, Phoenix, Tucson, Mesa, Chandler and Glendale. If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor to help supply loans, contact us  at 858.705.6144. You can also email us using this convenient online form.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

You can learn more about Source Capital on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter. Looking forward to a new week, I hope yours is a great one! –Sindi Somers

3.23.2013 – San Francisco 2014

 

The streets of San Francisco. Well… at least one of them.

I think it’s important to stay in the present moment, as much as possible. I have found that that practice alone helps one to enjoy life. However, gaining perspectives about possible future outcomes can help us better plan today to create a more enjoyable tomorrow.

 

We are only a few months into 2013, yet it was interesting to me to look ahead to 2014 when I came across the blog article at the link I am including in this post. Sorry to jump ahead, but as we become well emerged in 2013 and approaching the point where we can no longer refer to it, as a new year, it seems time to look ahead once again.

 

What does the rest of this year hold? And what about predictions for 2014? As a private lender, Source Capital oversees transactions throughout California and Arizona. So when I get something that pertains to one of these two states’ major cities, I definitely take note. I am sharing at the link below insights into the San Francisco real estate market. It features perspectives pertaining to the rest of this year, and on to the next.

 

Read the post about San Francisco in 2013 and 2014 at this link.

 

Whether you are looking for property in San Francisco or anywhere in California or Arizona now or in 2014, remember Source Capital as a resource for you. They offer a number of services, including financial assistance. If you need funding down the road or immediately, Source Capital’s buyer friendly trust deed loan programs may be what you are looking for. Since they are not a traditional bank they don’t have to struggle through overwhelming red tape and time consuming obstacles.

 

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options throughout California and Arizona. Source Capital lends in San Francisco and  all major cities in California, including, Los Angeles, Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside and also in Arizona including, Phoenix, Tucson, Mesa, Chandler and Glendale. If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor to help supply loans, contact us  at 858.705.6144. You can also email us using this convenient online form.

 

You can learn more about Source Capital on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter. I hope you are enjoying your weekend! –Sindi Somers

3.21.2013 – LA Makes the Top 20

 

The high cost of living in L.A. is trumped by Miami, New York, London, Paris, Hong Kong and Monaco.

If you find yourself complaining about your monthly rental rate or mortgage costs, you might feel better if you read the article at the link below. It features the most expensive real estate markets in the world. As far as U.S. cities, Los Angeles and Miami made the top 20, but the only American city to make the top ten was New York.

 

 

 

International cities on the list include London, Paris, Moscow and Sydney. Read all about who’s property prices are highest. Not sure if it will, but it might give you a sense of relief that your cost of living, could be worse!

 

 

 

The high cost of real estate in the United States and around the world.

 

 

 

Whether you are looking for property in Los Angeles or your taste has a smaller price tag, Source Capital offers a number of services that may be able to help you. If you need funding down the road or immediately, Source Capital’s buyer friendly trust deed loan programs may be what you are looking for. Since they are not a traditional bank they don’t have to struggle through overwhelming red tape and time consuming obstacles.

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options throughout California and Arizona. Source Capital lends in Los Angles and  all major cities in California, including, Los Angeles, San Francisco,  Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside and also in Arizona including, Phoenix, Tucson, Mesa, Chandler and Glendale. If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor to help supply loans, contact us  at 858.705.6144. You can also email us using this convenient online form.

 

You can learn more about Source Capital on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter. We are at the end of another week. With daylight savings time, we can enjoy longer days. We are also reminded that time is moving quickly, as we approach April, the fourth month of the year. Before more time goes by, consider making that real estate move you’ve been wanting to make. If you need help along the way, remember Source Capital is here to make your buying experience, as stress free as possible. Have a great weekend! –Sindi Somers