Loan programs
Fix-and-flip loans
Fix-and-flip loans give investors short-term financing to buy a property, renovate it, and then sell it or refinance it into a long-term rental loan. Our principals have spent decades investing in and developing real estate themselves, so we look at your project the way an investor does: purchase, budget, timeline and exit.
Reviewed by Clint Aguon, CEO & Loan Officer · NMLS #1893008 · Updated September 2026
How fix-and-flip financing works
- Purchase plus rehab. Many programs finance part of the purchase price and part or all of the renovation budget.
- Based on the finished value. Lenders weigh the property’s after-repair value (ARV), the budget and your plan, not only your personal income.
- Rehab funds in draws. Renovation money is released as work is completed and inspected.
- Short term. These are bridge loans designed to be paid off when you sell or refinance.
What lenders look for
- A realistic scope of work and budget, with contractor bids
- Your experience with past projects (helpful, not always required)
- Cash for your share of the purchase, reserves and carrying costs
- A clear exit: sale, or refinance into a long-term rental loan
Plan the exit from day one
If the numbers favor holding instead of selling, a finished property can often be refinanced into a DSCR loan that qualifies on rental income. We map out both paths before you buy, so you know your options at the finish line.
Fix-and-flip loans are business-purpose loans for investment properties. They aren’t available for a home you live in or plan to live in.
Fix-and-flip FAQs
Do I need flipping experience?
Not always, but experience helps. Lenders often offer stronger terms to investors with a track record of completed projects. First-time flippers can qualify with a solid plan, budget and contractor.
Can the loan close in an LLC?
Yes. Fix-and-flip loans are business-purpose loans, and most lenders prefer or require that the property be held in an LLC or other entity.
What if I decide to keep the property as a rental?
Many investors refinance a finished flip into a long-term DSCR loan, qualified on the property’s rent. We can plan that exit from the start.