Fix & Flip
Fix & Flip Cheatsheet
A short-term loan designed to finance the purchase and renovation of a property that will be resold for profit. Fast, flexible, and built for investors.
What is it?
What is a Fix & Flip Loan?
Short-term financing that funds both the purchase and the renovation of an investment property in one loan — underwritten based on the After Repair Value (ARV) rather than personal income.
Speed & Timelines
- Close in 7–14 days
- As fast as 48 hours after appraisal
- Fast approvals for qualified deals
Who We Work With
- New investors
- Experienced investors
- First-time flippers welcome
Loan Structure
- Based on ARV (After Repair Value)
- Finance purchase + renovation in one loan
- Up to 100% of construction budget included
Loan Parameters
Minimum Purchase Price
$100,000
Maximum Loan Amount
$5,000,000
Leverage Options
80/100 · 90/100 · 100%
For 100% financing: total loan (purchase + rehab) must be within 75% of ARV.
Terms & Rates
- Rates starting at 9.99%
- Term: 6–18 months
- Interest-only payments
- Deferred payment options available
Qualifications
- Minimum credit score: 640
- 5-year lookback on experience (flexible)
- Soft pull options available (hard pull at closing depending on lender)
Required Documents
- LLC
- EIN
- Operating Agreement
- Driver's License
- Purchase & Sale Agreement
- Scope of Work (Rehab Budget)
- Experience Sheet
- Insurance (or Quote)
What's Not Required
- No tax returns
- No bank statements (in many cases)
Coverage
Nationwide lending — all 50 states + Hawaii
Ideal Client Profile
Is this loan right for you?
- Investor with a profitable deal
- Property under market value
- Clear exit strategy (sale or refinance)
Why clients choose us
- "We fund your entire deal — purchase and renovation — in one loan based on after-repair value."
- "Even if you're new, we have options to get you funded and into your first deal."
- "If your deal is strong, we can move FAST — sometimes closing in as little as 7 days."
Pro Tips
- Focus on the deal first (ARV + numbers), not just the borrower
- Make sure the scope of work is detailed and realistic
- Position 100% financing carefully — must be a strong deal under 75% ARV
- Speed = Clean file. Collect docs upfront!
Ready to fund your next deal?
Start a quick application in minutes. Our lending partners will match you with the right program for your project.