A fix and flip loan is short-term financing to purchase and renovate an investment property for resale. It's built for speed — because bank timelines rarely work when you're chasing a competitive deal.
Whether you're under contract or still evaluating numbers, hard money fix and flip financing is designed around the deal, the rehab, and a clear exit — not a 30-year mortgage process.
A clear look at the structure — so you know what you're applying for before you send a deal.
Fix and flip financing typically covers two pieces: capital toward the purchase price, plus capital toward the renovation budget. Together, that structure is what lets investors move on a property without waiting on conventional bank approval.
Most fix and flip hard money loans are interest-only during the hold. You pay interest on what you've borrowed as funds are used — not a long amortization schedule like a 30-year mortgage — until the property sells or you refinance out.
Renovation funds are usually released in draws as work is completed and inspected, not handed over all at once. That keeps the project funded in stages while protecting both the investor and the lender.
Loan terms are short by design — aligned with a flip timeline, not long-term ownership. If a project runs long, extensions are generally available so you're not forced into a bad exit just to beat the clock.
Have these basics ready and we can move quickly. You don't need a perfect package — just enough for us to understand the deal and respond with clear next steps.
Not sure on ARV or profit yet? Start with theFix & Flip Profit CalculatororMax Offer Price Calculatorin ourInvestor Tools.
Hard money isn't about replacing every bank product — it's about winning deals that conventional timelines can't keep up with.
Close in days, not the weeks or months a traditional bank often needs. When the deal is competitive, timing is the product.
Approval centers on the property and the deal — purchase, rehab, and exit — not solely personal income documentation.
No minimum experience required. First-time investors are eligible, though terms may differ from those offered to experienced borrowers.
Funding decisions come from the same team you're talking to — fewer handoffs, clearer answers, faster feedback on your deal.
Straight answers on experience, structure, closings, and what happens when a project changes.
No. First-time investors can qualify for fix and flip loans. Experience can help with leverage and pricing, but it isn't a hard requirement to get funded. We'll walk through the deal, budget, and exit plan together.
Most fix and flip hard money loans are interest-only during the hold period. You typically pay interest on the funds you've drawn rather than amortizing like a traditional 30-year mortgage — then repay the principal when you sell or refinance.
Hard money is built for speed. Once title, insurance, and underwriting items are in place, closings often happen in days rather than the weeks or months many banks require. Share your deadline up front and we'll build the timeline around it.
Many investors close in an LLC, and it's often preferred for investment properties — but requirements can vary by deal and entity structure. If you're still setting up an entity, we can talk through what usually works before you apply.
If value comes in lighter than expected, we'll reassess leverage, cash needed, and whether the deal still makes sense. Sometimes that means adjusting terms or the rehab scope; sometimes it means walking. You'll get a straight answer either way.
Flip timelines slip — that's normal. Extensions are generally available when a project runs long, so you're not automatically forced into a fire-sale exit. Talk to us early if you see the schedule stretching.
Want more investor education?Visit the Learning Centeror readWhat Is Hard Money Lending?andFix and Flip Is Way More Accessible Than You Think.
Send the property details and we'll tell you what it takes to finance — usually within one to two business days.
