Short-term financing built for real estate investors who buy, renovate, and resell.
$50K – $5M
Loan Amount
9% – 14%
Typical APR
6 – 18 months
Loan Term
5 – 14 days
Funding Time
Fix and flip loans are short-term bridge loans designed for real estate investors who purchase distressed properties, renovate them, and sell them for a profit. These loans are based primarily on the after-repair value (ARV) of the property, allowing investors to act fast in competitive markets.
Minimum Credit Score
620+
Property Purchase
Buy distressed, foreclosed, or undervalued residential properties
Renovation Costs
Fund full gut renovations, additions, and property improvements
Carrying Costs
Cover insurance, taxes, and holding costs during the renovation
Wholesale Deals
Close quickly on wholesale or auction properties needing speed
BRRRR Strategy
Buy, Rehab, Rent, Refinance, Repeat investment strategy
Flip Portfolio
Run multiple simultaneous flips with a dedicated credit facility
From application to funding — here is exactly what to expect when applying for a Fix & Flip Loans.
Provide the purchase price, renovation scope, and estimated after-repair value (ARV) of the property.
Lender orders a BPO or appraisal to verify the ARV. Most loans close within 5–14 days.
Renovation funds are released in draws as work is completed and inspected by the lender.
Once renovations are complete, list and sell the property. Repay the loan from sale proceeds.
Min. Credit Score
620+
Down Payment
10% – 20% of purchase
ARV Coverage
Up to 70% of ARV
Experience
Preferred but not required
Exit Strategy
Sale or refinance plan
Property Type
1–4 unit residential
Advantages
Fast closings let you compete with cash buyers
Loans based on ARV, not just purchase price
Interest-only payments during renovation
No prepayment penalties typically
Considerations
High interest rates (9–14%)
Short terms create time pressure to sell
Renovation draw process requires inspections
Submit your application in under 10 minutes and get matched with top lenders offering competitive rates tailored to your profile.