Backflip for Wyoming investors
Backflip combines hard money lending with deal-analysis tools — particularly useful for newer investors wanting integrated underwriting support.
Wyoming context
Wyoming no state income tax. Jackson Hole ultra-premium STR. Strong LLC privacy.
How Backflip positions in Wyoming
For Wyoming specifically, Backflip fits investors who match the hard money approach. The medium cash flow profile of Wyoming aggregate makes it workable for Backflip.
City-level coverage in Wyoming
Backflip provides DSCR coverage across Wyoming metros including Cheyenne, Casper, and Jackson. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Backflip program terms apply uniformly across Wyoming metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, bridge |
| Loan size | $50K - $2.5M |
| Rates | 9.99%-11.99% |
| Points | 1 - 3 |
| Max LTV | 85% of ARV |
| Term lengths | 12 months |
| Typical close time | 5-10 days typical |
| Wyoming property tax | 0.6% |
| Wyoming state income tax | None |
Backflip strengths in Wyoming
- tech-forward
- deal analysis tools
- newer investor friendly
Ideal borrower: Newer investor needing deal analysis tools alongside financing
FAQ
Yes, operates nationally including Wyoming. Backflip is based in Denver, CO and operates nationally.
Cheyenne is the top investor market in Wyoming and falls within Backflip national coverage. Cheyenne property tax follows the Wyoming state rate of 0.6 percent. Backflip typically underwrites Cheyenne acquisitions at standard rate sheets.
Yes. Casper ranks among the larger Wyoming investor metros and sees consistent DSCR loan volume from Backflip. Submarket variation within Casper matters for property selection.
Backflip applies the same rate sheet across Wyoming metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Cheyenne, Casper, and Jackson all qualify for the same Backflip program.
Backflip indicative DSCR rate range is 9.99 to 11.99 percent with 1 to 3 points.
Wyoming no state income tax. Jackson Hole ultra-premium STR. Strong LLC privacy. Backflip follows standard business-purpose loan structures.
Backflip funds fix-and-flip, BRRRR, bridge in Wyoming.
Wyoming allows standard DSCR prepay structures; Backflip typically uses 3-5 year step down.
Backflip typical close: 5-10 days typical.
Bottom line
Backflip in Wyoming works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with Backflip.