Fix and Flip Financing: How to Fund Your Next Rehab Project

Fix and flip financing provides short-term capital to buy a distressed property, renovate it, and sell for profit. Unlike traditional mortgages, these loans are designed around the deal — the purchase price, rehab budget, and after-repair value (ARV).

Most fix and flip loans cover 70–90% of the purchase price plus 100% of rehab costs, capped at 70–75% of ARV. Interest-only payments during the hold period keep your carrying costs manageable.

Lenders evaluate your experience, the property, your scope of work, and your exit strategy. First-time flippers can qualify with a strong deal, detailed budget, and good credit — typically 620 or above.

Rehab funds are disbursed in draws as work is completed and inspected. This protects both you and the lender, ensuring funds are used for actual improvements.

Speed matters in fix and flip. The best lenders close in 7–14 days. If you're evaluating a deal, submit it early — we'll tell you quickly whether it fits our lending network.