Fast capital for your next flip
Close in 7-10 days with up to 90% of the purchase price and 100% of rehab costs financed. Interest-only payments keep holding costs low while you renovate. Programs for first-time and experienced flippers.
Submit Your DealGet a term sheet in minutesHow fix-and-flip financing works
From acquisition to exit, the process is designed for speed at every stage. Here is how a typical flip loan works from start to finish.
Acquire
Find the deal, get pre-approved, and close fast. We fund up to 90% of the purchase price so you can compete with cash offers on speed.
Rehab
Execute your renovation plan. Rehab funds are held in escrow and released through a draw process as work is completed and inspected.
Stabilize
Complete renovations, stage if needed, and get the property market-ready. Final inspection confirms the scope of work is done.
Exit
Sell for profit and pay off the loan, or refinance into a long-term DSCR loan if you want to hold it as a rental property.
Rehab draw process
Rehab funds are not disbursed all at once. They are held in escrow and released as work is completed, protecting both you and the lender.
Complete a phase of work
Finish a portion of the renovation per your approved scope of work. This could be demolition, framing, electrical, plumbing, or finishes.
Submit a draw request
Send your draw request with progress photos and any required documentation. Most lenders accept requests via email or an online portal.
Inspection and approval
A third-party inspector verifies the work is complete and matches the scope. This typically happens within 1-2 business days of your request.
Funds released
Once approved, funds are wired to you — typically within 3-5 business days total from draw request to disbursement. Repeat for each phase until rehab is complete.
First-time vs experienced flipper
We finance both new and seasoned flippers. Experience unlocks better terms, but a strong deal can get a first-time flipper funded with competitive leverage.
| First-time flipper | Experienced (3+ flips) | |
|---|---|---|
| Max purchase LTV | Up to 85% | Up to 90% |
| Rehab financing | Up to 100% | Up to 100% |
| Interest rate | Higher (risk premium) | Lower (track record) |
| Reserves required | 6 months interest | 3 months interest |
| Max loan amount | $1M-$2M typical | $3M-$5M+ |
| What you need | Strong deal, contractor bids, ARV support | Track record of 3+ completed flips |
Exit strategy options
Every flip needs a clear exit plan. Here are the three most common paths investors take when their renovation is complete.
Sell for profit
The classic flip exit. List the renovated property, sell at ARV, pay off the loan, and keep the spread. No prepayment penalties on most programs.
Refinance to DSCR rental
Decide to hold the property? Refinance into a 30-year DSCR loan based on rental income. Pull out your equity and keep the asset generating cash flow.
1031 exchange
Defer capital gains by rolling profits into your next investment property through a 1031 exchange. Works for flippers transitioning into buy-and-hold.
Flip calculator
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Flip Profit Calculator
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Frequently asked questions
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