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Fix & Flip Loans

Fix & Flip Loans

Short-term financing to buy, renovate and sell investment property. Fund the purchase and the rehab in one loan, and close in days.

Credit score600Minimum, as low as
Loan-to-cost95%Up to, of total project cost
Rehab financed100%Of the budget, paid in draws
Closing5 daysAs few as, on select programs
Eligible projects

From a light refresh to a full gut rehab

We shop your flip across a network of private lenders, so one application reaches the programs that fit your project, your timeline and your experience.

Cosmetic rehabs

Paint, flooring, fixtures and kitchens on homes that need updating.

Heavy rehabs

Full gut renovations, structural work and new systems.

Additions

Added bedrooms, baths and square footage to raise the after-repair value.

2–4 unit properties

Duplexes, triplexes and fourplexes bought to renovate and sell.

Multifamily 5+ units

Value-add apartment projects with larger rehab budgets.

Condos and townhomes

Attached units renovated for resale.

Program terms

Fix and flip loan terms

The best terms available across our lending partners. Your final terms depend on the project, your experience, your credit and the lender that fits your deal.

Loan amount
$50,000 – $10,000,000+; larger projects considered
Minimum credit score
As low as 600
Loan-to-cost
Up to 95% of purchase plus rehab
Purchase
Up to 90% of the purchase price
Rehab
Up to 100% of the rehab budget, released in draws
After-repair value
Up to 75% of ARV
Loan term
12 to 24 months, interest-only payments, extensions available
Prepayment
No prepayment penalty on most programs
Closing
As few as 5 to 7 days; some programs need no appraisal
Experience
First-time flippers considered; more completed projects earn higher leverage
Wreck and spec
Distressed and unfinished homes; $200,000 – $6,000,000; up to 75% of ARV and 85% of purchase price; up to 2 years
Borrower
LLC or corporation with a personal guarantee; foreign nationals considered
Income documents
None. Qualify on the deal, your credit and your liquidity
How it works

From contract to closing to draws

Send us the deal

Share the address, purchase price, scope of work and your after-repair value estimate.

Get a term sheet

We compare programs across our lending partners. Most deals get a term sheet within 24 to 48 hours.

Close and draw

Close in days, then draw rehab funds as work is completed and inspected.

What you'll need

Documents checklist

  • Driver's license for each guarantor
  • LLC or corporate documents (articles, operating agreement, EIN letter)
  • Purchase contract
  • Scope of work and rehab budget
  • Track record of past projects, if any (closing statements or schedule of real estate owned)
  • Two months of bank statements showing down payment and reserves
  • Builder's risk or property insurance quote
How leverage works

Sizing a flip loan

Lenders size the loan three ways and use the lowest: a share of the purchase price, a share of the rehab budget, and a cap on the after-repair value.

Loan = 90% of purchase + 100% of rehab, up to 75% of ARV
Purchase price $200,000 × 90%$180,000 Rehab budget $60,000 × 100%$60,000 Total loan (67% of $360,000 ARV)$240,000

In this example you bring $20,000 plus closing costs. Leverage varies by lender, experience and project.

Common questions

Fix and flip FAQ

Can I get a flip loan on my first project?

Yes. Several of our lending partners work with first-time flippers, usually at slightly lower leverage until you have completed projects.

Do I need an appraisal?

Not always. Some programs use an in-house valuation or broker price opinion, which shortens the time to close.

How do rehab draws work?

The rehab portion is held back at closing. As you finish stages of work, the lender inspects and releases funds for completed work, often within 24 to 48 hours.

Can I keep the property as a rental instead of selling?

Yes. Once the rehab is done and the property is rented, you can refinance into a long-term rental loan that qualifies on the rent.

Can I live in the property?

No. Fix and flip loans are business-purpose loans for investment property only.

Have a flip under contract?

Send us the deal. We'll bring back a term sheet that fits your project.

Get Started

Terms shown are the best available across Capital Lending Group's lending partners as of October 2026 and change without notice. Not every borrower or project qualifies for every term. Leverage, loan amounts and eligibility vary by lender, property, experience, credit profile and state. Business-purpose loans on non-owner-occupied property only. All loans are subject to lender review and approval.