FIX & FLIP FAQs

A fix & flip loan is a short-term loan designed to help investors purchase and renovate properties to resell for a profit. It covers part of the purchase price and rehab costs, and is repaid when the property is sold or refinanced.

Loan amounts are typically based on:

• Up to 85–90% of the purchase price

• Up to 100% of the rehab costs

• Not exceeding 70–75% of the After-Repair Value (ARV)

We evaluate the deal itself — not your tax returns or W2s.

No experience required, though prior projects can strengthen your application. First-time flippers are welcome — we just want to make sure the numbers work and the plan makes sense. If it’s a large full renovation project, a general contractor may be required.

Yes. We offer up to 100% financing of rehab costs, released in draws as work is completed and inspected. You don’t need to pay out of pocket for everything up front — but you will need funds to start the project and cover the first few expenses before your first draw is released.

Most investors need to bring 10%–15% of the purchase price to the table. We typically lend up to 85–90% of the purchase price and up to 100% of the rehab costs, as long as the deal stays within 70–75% of the After-Repair Value (ARV).

You'll also need funds to cover:

• Closing costs

• Interest reserves (in some cases)

• Initial rehab costs (before the first draw is released)

We’ll walk you through exactly what you need once we see the deal — no surprises.

Here’s a short list to kick things off:

• Purchase contract

• Rehab budget or scope of work

• LLC/entity docs (Articles of Incorporation, Operating Agreement, EIN)

• Driver’s License (front & back)

• Last 2 months of bank statements (to cover down payment, closing costs & start of rehab)

No income docs, W2s or tax returns required.

We can close in as little as 7–10 business days, depending on how quickly we receive your documents. If you're ready, we move fast — no unnecessary delays.