We Finance The Purchase.
We Fund The Rehab.
You Keep More Cash
For The Next Deal.
Fix & Flip financing built for real estate investors who want
better leverage, speed, and certainty.
Get access to multiple lending programs through one relationship — so your deal isn't limited by one lender's guidelines.
Fill Out This Form to Get Your Fix and Flip Quote Today!
FIX-AND-FLIP RATES & TERMS
Tell us about your property and investment plan. It takes about 2 minutes.
ONE FLIP. MULTIPLE WAYS TO FINANCE IT.
The highest leverage isn't automatically the best loan. Neither is the lowest interest rate.
The right structure depends on your purchase price, rehab budget, ARV, experience, credit profile, available cash, closing deadline, and exit strategy.
BUILT FOR REAL ESTATE INVESTORS
Traditional mortgages weren't designed for properties that need work.
Fix & Flip loans are.
Instead of focusing primarily on W-2 income and traditional debt-to-income ratios, these business-purpose loans place greater emphasis on the property, project economics, renovation plan, borrower experience, and exit strategy.
That makes them ideal for investors purchasing properties that need anything from cosmetic improvements to substantial renovation.
Purchase
Acquire an investment property and finance eligible renovation costs under one loan structure.
Rehab & Resell
Purchase the property, complete the renovation, and sell after improvements are finished.
Fix & Hold
Renovate the property and transition into long-term rental financing instead of selling.
Refinance an Existing Project
Already own the property? Financing options may be available to complete renovations or restructure an existing investment loan.
HOW MUCH CASH WILL YOU ACTUALLY NEED?
This is one of the most important questions in a flip.
Consider a simplified example:
Purchase Price: $300,000
Rehab Budget: $75,000
After-Repair Value: $500,000
If a lending program finances 90% of the purchase price plus 100% of eligible rehab costs:
Purchase Financing: $270,000
Rehab Financing: $75,000
Total Loan: $345,000
Your initial equity contribution toward the purchase would be approximately:
$30,000 plus applicable closing costs, reserves, fees, and other required funds.
Compare that with putting 20–30% down while also funding the renovation yourself.
That's why investors shouldn't compare loans based on interest rate alone.
The structure of the financing can matter just as much as the rate.
We'll help you see the loan amount, estimated cash requirement, and available financing structure.
THE REI HML DIFFERENCE
Every lender looks at Fix & Flip deals differently. One may offer better leverage for an experienced investor.
Another may be stronger for lower credit. Another may like heavier renovation projects.
Another may offer better pricing at lower leverage. Another may be able to meet an aggressive closing deadline.
If you apply directly to one lender, you're asking:
“Does my deal fit your program?”
With REI Hard Money Lender, we ask:
“Which program fits this deal?”
That's a very different approach to financing.
We'll help you see the loan amount, estimated cash requirement, and available financing structure.
Fix and Flip Loan FAQ
What is a Fix & Flip loan?
A Fix & Flip loan is short-term, business-purpose financing designed for real estate investors purchasing and renovating investment properties.
The financing can generally include both acquisition and eligible renovation costs, with the loan ultimately repaid through the sale or refinance of the property.
How much of the purchase price can I finance?
Qualified borrowers may have access to programs financing 95% or more of the purchase price, subject to the lender's LTC, ARV, borrower, property, and underwriting requirements.
Can the loan cover my entire rehab budget?
Yes, we finance up to 100% of eligible renovation costs.
Rehab funds are typically held back and released through construction draws as work is completed.
What does 75% ARV mean?
ARV means After-Repair Value — the estimated value of the property once renovations are complete.
A 75% ARV limit means the maximum loan generally cannot exceed 75% of the property's projected completed value.
Do I need Fix & Flip experience?
Not necessarily.
Programs exist for both new and experienced investors, although your experience can affect leverage, pricing, and underwriting requirements.
Is the loan based on my income?
Fix & Flip loans are generally asset-based, business-purpose loans.
Rather than qualifying the transaction like a conventional owner-occupied mortgage, lenders typically focus heavily on the property, project economics, borrower profile, renovation plan, and exit strategy.
Specific documentation requirements vary by program.
How quickly can a Fix & Flip loan close?
Closing time depends on the property, lender, valuation requirements, title, borrower documentation, and complexity of the transaction.
If you have a hard closing deadline, tell us upfront so we can prioritize programs capable of meeting the required timeline.
Are there prepayment penalties?
Our Fix & Flip programs do not carry traditional prepayment penalties, but terms vary by lender.
We'll help you understand applicable payoff requirements before you select a financing option.
How do rehab draws work?
Rather than receiving the entire renovation budget at closing, rehab funds are generally held in a construction account.
As work is completed, you request a draw. The completed work is verified according to the lender's process and eligible funds are released.
Specific draw procedures, timing, fees, and inspection requirements vary by lender.
Can I refinance instead of selling?
Yes.
If your strategy changes from Fix & Flip to Fix & Hold, you may be able to refinance the renovated property into longer-term rental financing, including a DSCR loan if the property and borrower qualify.
We'll help you see the loan amount, estimated cash requirement, and available financing structure.
Got a Deal?
Let's run the numbers.
It takes two minutes to tell us about your project.
Find out what financing options may be available before you commit more time and more capital to your deal.
Want to be capital-ready for your next project? Let’s get you set up.
