Fix and Flip Loans

Fix and Flip Loans

Overview

Fix and flip loans are short-term financing solutions used by real estate investors to purchase and renovate a property, then sell it for a profit. These loans usually carry higher interest rates and higher up front fees, but are structured with flexibility to accommodate renovation schedules and quick turnarounds.

Why an Fix and Flip Loans

Fix and Flip Loans help investors purchase and renovate properties for resale. These loans provide quick funding for buying distressed properties, with short-term repayment terms. They’re perfect for investors looking to flip homes, offering fast access to capital and flexibility in financing the renovation costs for a profitable resale.

For property investors
Short-term financing options available
Up to 90% of purchase price
100% of the Renovation costs can be financed
Terms of 6 months, 12 months, and 24 months available

Danielle Damianov

NMLS#883539

Branch Manager

888-522-4149A
[email protected]

Who Qualifies?

Experienced investors who buy distressed properties, rehab them, and sell them quickly.
New investors with a solid plan and acceptable credit, though lending terms may be more stringent if you have limited track record.
Borrowers who can handle a short repayment term and higher interest costs while renovations are completed.

Key Advantages

Fast Funding: Many fix and flip lenders can close deals quickly, allowing investors to capitalize on time-sensitive opportunities.
Flexible Underwriting: Lenders focus on the property’s potential value post-renovation rather than only the borrower’s credit history.
Short Loan Terms: Typically 6 to 18 months, which matches the quick-buy-and-sell strategy.

Danielle Damianov

NMLS#883539

Branch Manager

Schedule a Phone Call With Me

888-522-4149

[email protected]

Apply Now

Example:

An investor identifies a fixer-upper in a desirable neighborhood that needs $30,000 worth of renovations. A fix and flip loan provides enough funds for the purchase plus rehab costs. After renovations, the investor sells the property within 12 months at a significant profit.