Fix & Flip loans are short-term financing options designed for real estate investors purchasing properties that need renovation and resale.
These loans are ideal for investors looking to acquire, renovate, and sell a property quickly without using long-term financing.

Fix & Flip loans are asset-based, meaning approval is primarily based on the property value and after-repair value (ARV) — not personal income. This makes them a strong option for experienced investors or those scaling their portfolios.

Most Fix & Flip loans are interest-only, with terms typically 6–12 months, helping investors keep carrying costs low while renovations are completed.

Common Fix & Flip Loan Features

• Short-term financing (6–12 months)
• Interest-only payments
• Based on purchase price + renovation potential
• Funds may be released in stages for rehab
• Designed for resale, not long-term holding

Best For

• Investors buying distressed or outdated properties
• Renovations followed by resale
• Projects with a clear exit strategy

Important to Know

Fix & Flip loans are not intended for owner-occupied homes and require a defined renovation plan and exit strategy.