Fix & Flip / Fix & Rent Loans
Buy it. Fix it. Sell it — or keep it.
Short-term financing built for investors who buy distressed or undervalued properties, fund the renovation, and either sell for profit or refinance into a long-term rental loan. The loan funds a percentage of the purchase price plus a percentage (often up to 100%) of the renovation budget, with rehab funds released in draws as work is completed and verified.
Program Highlights
- Short-term terms, typically 12–18 months, interest-only payment options
- Financing based on both purchase price and after-repair value (ARV)
- Renovation budget funded via draw schedule as work completes
- Fast closings — speed matters for off-market and auction purchases
- No personal income/tax return documentation required
- First-time flippers and experienced investors both eligible, with experience factored into leverage
- "Fix & Rent" exit option: rolls directly into a DSCR rental loan at the end of the rehab term instead of requiring a sale
- Close in an LLC or other business entity
Best For
- Investors and house-flippers buying properties that need work
- Buyers who need purchase and renovation funds together
- Investors planning a quick sale or a bridge into a DSCR rental loan
What You'll Need to Qualify
- Short-term terms, typically 12–18 months
- Financing based on purchase price and after-repair value (ARV)
- Renovation funds released in draws as work is verified
- Close in an LLC or business entity
Guidelines vary by lender and borrower profile. All loans subject to underwriting approval. Not a commitment to lend.
Good to Know
maximum leverage and pricing depend heavily on the investor's track record (number of completed flips), the ARV-to-loan ratio, and the specific property/market — have your scope of work and comps ready when you request a quote.
Common Questions
Do I need experience flipping houses to qualify?
No, but more completed projects typically unlocks higher leverage and better pricing.
How does the renovation money get disbursed?
In draws — you complete a phase of work, it's inspected/verified, and funds for that phase are released.
What happens at the end of the loan term if I haven't sold?
Many borrowers refinance into a DSCR rental loan (fix & rent) rather than selling, as long as the property cash flows as a rental.
Can I close in my business entity?
Yes, these loans close in an LLC or corporate entity as standard practice.