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.