🛠 Fix & Flip

Fix & Flip Loans

Fast funding for investment properties. Close in days, not weeks. Up to 90% of purchase + renovation costs covered — no personal income docs required.

Loan to Cost90% LTC
Min Credit620+
Close Time5–10 Days
Loan Term6–18 Mo
Asset-based lending — your income doesn't matter, the deal does.
How It Works

From Offer to Funded in Days

Fix & flip loans are short-term bridge loans designed specifically for real estate investors purchasing properties to renovate and resell. Unlike conventional loans, qualification is based on the deal itself — the property's purchase price, condition, and after-repair value — not your W-2 or tax returns.

Credit Score: 620+ (some lenders 580+ with larger down payment)
Loan to Cost: Up to 90% of purchase price + renovation budget
After Repair Value (ARV): Loan capped at 65–75% of ARV
Loan Term: 6–18 months, interest-only payments
Draw Schedule: Renovation funds released in stages as work is completed
Income Docs: Not required — asset-based lending

Key Benefits

Close in 5–10 Days
Faster than any conventional loan. Win competitive offers with speed.
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No Personal Income Required
Approval based on the deal — perfect for self-employed and W-2 investors alike.
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Finance the Renovation Too
Up to 100% of renovation costs included in the loan via draw schedule.
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Refi Into DSCR After
Execute the BRRRR strategy — fix, rent, then refinance into a long-term DSCR loan.
The Process

How Draws Work

Renovation funds are not released all at once. They are disbursed in stages (draws) as work is completed and verified by an inspector. This protects both the lender and the borrower.

1
Initial Draw: Released at closing to begin demolition and rough work
2
Inspection: Lender sends inspector to verify completed work
3
Draw Released: Funds for next phase disbursed after approval
4
Final Draw: Remaining balance released upon completion — then sell or refi
FAQ

Common Questions

How fast can I close a fix & flip loan?

Most hard money and bridge lenders close in 5–10 business days with a clean file. Speed depends on title, appraisal, and how quickly you can provide property documentation. Some lenders offer same-week closings for repeat borrowers.

Do I need renovation experience to qualify?

Experience is preferred but not always required. First-time flippers may need a larger down payment (25–30%) and a detailed renovation budget. Lenders want to see you have a realistic plan and a qualified contractor lined up.

What is ARV and why does it matter?

ARV (After Repair Value) is the estimated value of the property after all renovations are complete. Lenders typically cap the loan at 65–75% of ARV — so a property with a $400K ARV could support up to $260K–$300K in total financing (purchase + renovation).

Can I use a fix & flip loan on a rental and then refinance?

Yes — this is the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat). Once the property is renovated and tenanted, you can refinance into a DSCR loan based on rental income, pull out your equity, and repeat the process.

What types of properties qualify?

Single-family homes, 2–4 unit properties, condos, and townhomes typically qualify. Some lenders also fund small multifamily (5–8 units) and mixed-use properties depending on the deal structure.

Ready to Fund Your Next Flip?

Talk to Rene about your deal. Fast pre-approval, no obligation.

Apply Now → 📅 Book a Call