Fix & Flip/ Fix to Rent
A fix and flip loan is a short-term real estate loan used to purchase and renovate a property that will be resold for profit.
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Unlike traditional mortgages, these loans are structured around the value of the property and the strength of the investment project rather than solely the borrower’s income.
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This makes them an ideal solution for real estate investors who focus on acquiring undervalued properties, renovating them, and selling them after improvements are completed.
The Ins and Outs
Typical Loan Structure
• Loan amounts from $100,000 to $5,000,000+
• Financing based on purchase price and after repair value (ARV)
• Funding for both acquisition and rehab costs
• Interest-only payments during the project
• Loan terms typically ranging from 6–18 months
What Lenders Look At
• Purchase price relative to market value
• After Repair Value (ARV)
• Scope of work and renovation budget
• Investor experience (helpful but not always required)
• Exit strategy (sale or refinance)
Eligible Property Types
• Single-family homes
• Townhomes
• Condominiums
• 2–4 unit multifamily properties
How the Process Works
Step 1 — Submit the Deal
Provide basic details including purchase price, rehab budget, and ARV.
Step 2 — Deal Review & Structuring
The project is reviewed and matched with lenders that fit the deal profile.
Step 3 — Approval & Closing
Once approved, the loan moves through underwriting and closes so the project can begin.
Exit Strategies
• Selling the property after renovations
• Refinancing into a long-term rental loan (DSCR)
• Stabilizing the property and holding for cash flow
Common Mistakes Investors Make
• Overestimating ARV
• Underestimating renovation costs
• Choosing the wrong loan structure
• Not planning a clear exit strategy
• Running into timeline issues due to delays
Fund Your Next Flip
Whether you're new to flips or have dozens under your belt...
You take care of the project, we'll take care of the capital.