Fix-and-Flip Loans for Real Estate Investors
Fast, flexible short-term financing to purchase, renovate, and resell investment properties — no personal income verification required.
What Are Fix-and-Flip Loans?
Fix-and-flip loans are short-term bridge loans designed for real estate investors who purchase undervalued properties, renovate them, and sell them at a profit. These asset-based loans are qualified on the property’s after-repair value (ARV) rather than borrower income, making them accessible to investors with complex financials or self-employed status.
Core Fix-and-Flip Loan Parameters
Loan Amounts
- $75,000 – $5,000,000+
- Available for single assets or portfolios
- Nationwide coverage
- Rural and urban properties accepted
LTC & LTV Guidelines
- Up to 90% LTC (Loan-to-Cost)
- Up to 75% of ARV
- 100% rehab financing available
- Cross-collateralization accepted
Loan Terms
- 6 – 18 month terms
- Interest-only payments
- No prepayment penalty
- Close in as few as 10 days
Credit Requirements
- 620+ minimum credit score
- First-time flippers welcome
- LLC or individual borrowers
- Foreign nationals considered
What Documentation Is Required
What You Need
- Purchase contract or proof of ownership
- Scope of work / renovation budget
- Comparable sales analysis (comps)
- Entity documents (LLC preferred)
- 3 months bank statements
- Prior flip experience (if applicable)
What You Don’t Need
- W-2s or pay stubs
- Tax returns (personal or business)
- Employment verification
- Debt-to-income calculation
- Profit and loss statements
How ARV-Based Lending Works
ARV = After-Repair Value
Lenders evaluate the property’s projected value after renovations are complete. The loan is sized against this future value, not the current “as-is” price. This allows investors to maximize leverage and minimize out-of-pocket capital on qualifying deals.
If a property’s ARV is $400,000, FAAS Funding can lend up to $300,000 (75% ARV). Combined with up to 90% LTC, this means you may need as little as 10% of the purchase + rehab cost in cash.
Eligible Property Types
Single-Family Homes
1-4 unit residential properties — the most common fix-and-flip asset class.
Multi-Family (5+ Units)
Value-add apartment buildings and small multifamily acquisitions.
Condos & Townhomes
Warrantable and non-warrantable condos with confirmed resale market.
Mixed-Use Properties
Retail/residential combinations in strong urban markets.
Ready to Fund Your Next Flip?
Close in as few as 10 days. Get pre-qualified now — no income verification required.
Related Fix and Flip Loan Resources
Ready to analyze your next deal? Use our Fix and Flip Profit Calculator to estimate your returns before committing. If you’re considering a longer-term hold, explore our DSCR loan programs or the BRRRR Calculator for buy-rehab-rent-refinance-repeat strategies.
Get started today by getting pre-qualified, or upload your deal documents through our Secure Upload portal. You can also review current DSCR loan rates and DSCR loan requirements to compare options.
For more on how fix and flip loans work in the broader real estate market, see the Investopedia guide to fix-and-flip investing.
If you’re exploring fix and flip loans, understanding DSCR loan requirements and current loan rates will help you plan your exit strategy. Use our DSCR calculator to model your refinance numbers.
Have a deal ready to fund?
Get a same-day fix and flip loan quote from our capital desk.
Related Investor Resources
- 📊 DSCR Loan Rates — See current investor loan pricing
- 🧮 DSCR Loan Calculator — Run your numbers instantly
- 📋 DSCR Loan Requirements — Full qualification breakdown
- 💰 Cash-Out Refinance — Unlock equity from your rentals
- 🌉 Bridge Loans — Fast capital between transactions
Ready to move forward? Submit your deal for review or upload your documents to get started.