Fix and Flip Loans Nationwide, $100K to $100M
π¨ Funded on the After-Repair ValueI’m Kevin Kermeen, a nationwide commercial loan broker and a real estate investor myself, not a banker. I arrange fix and flip loans sized on the property’s after-repair value, not its distressed price. Finance up to 90% of the purchase and 100% of the rehab, close fast, do the work, and sell or refinance. Banks do not fund rundown houses. I do.
Investor Bought a $180K Distressed House the Bank Would Not Touch, Sold for $340K
A flipper found a rundown house at $180K with a clear $340K after-repair value and a $70K rehab budget. His bank refused: the property would not pass an appraisal in its current condition, so a conventional loan was off the table.
He called me. I placed a fix and flip loan sized on the ARV, covering most of the purchase and 100% of the rehab through a draw holdback. He closed fast, did the work, and sold into the after-repair value for a clean profit.
That is the difference between one rigid bank box and a 75-lender network. Don’t Beg the Bank! Get funded instead.
Fix and Flip Loans Are Funded on Future Value, Not the Distressed Price
A bank lends on what a house is worth today. Fix and flip loans lend on what it will be worth after you fix it. Two numbers set your loan: the Loan-to-Cost, which is the slice of your total project the lender funds, and the After-Repair Value cap, the ceiling based on the finished value. The lender uses the lesser of the two. Here is a real example of the math.
Example: $180K purchase, $70K rehab, $340K ARV
The lender funds the lesser of the LTC and the ARV figures. Here the 90% LTC ($225K) is under the 75% ARV ceiling ($255K), so the deal pencils with roughly 10% down. The rehab money sits in a holdback and is released in draws as the work is inspected, which protects both you and the lender. Numbers are illustrative, not a quote.
Fix and Flip Loans for Every Project
From a single distressed house to a multi-property rehab pipeline, the after-repair value sizes the loan. Here is how I structure fix and flip loans for investors and how fix and flip loans across the most common investor scenarios.
Fix and Flip Loans for Single-Family Houses
Buy a rundown house at a discount, fund the rehab through a holdback, sell into the after-repair value. The classic flip, funded fast.
Heavy Rehab and Renovation
Major gut jobs welcome. With 100% of the rehab financed via draws, you keep your own capital free for the next deal instead of sinking it into one project.
Multi-Property Flip Pipeline
Running several flips at once? I size fix and flip loans across a pipeline so capital is not the thing holding back your volume.
Auction and Quick-Close Buys
A deal with a deadline needs speed conventional lenders cannot match. Asset-based underwriting gets you to the table fast.
First and Early Flips
Newer to flipping? With a 650 FICO, a solid deal and a real budget, I can place your file. Strong deals can offset a thinner track record.
Flip-to-Rent and BRRRR
Decide to hold instead of sell? Refinance the flip into a long-term DSCR loan, the classic BRRRR exit, and keep the cash-flowing rental.
Fix and flip is one tool for investors. See my full investment property loans lineup, refinance your finished flip into a DSCR loan to hold it as a rental, or use a bridge loan to grab a property fast. Bigger projects? Step up to construction and development, commercial real estate loans or multi-family apartment loans. See every option on my loan programs page.
Tell Me About Your FlipFix and Flip Loan Guidelines Most Brokers Never Show You
Transparency builds trust, especially on flip loans where points and a short hold are part of the cost. Below is a practical summary of the fix and flip loans I actually place. I am not a bank and I do not push one-size paper … I work a private network of hard-money and bridge lenders who underwrite the deal, the budget and the exit. Final terms depend on the property, your experience, the ARV and lender underwriting.
| Term | What It Means | Typical Range |
|---|---|---|
| LTC | Share of total project cost funded | Up to 90% |
| ARV | Ceiling based on after-repair value | Up to 75% |
| Rehab | Renovation budget, held back in draws | Up to 100% financed |
| Rate and Points | Interest-only, plus origination points | From 9.79%, 1 to 5 points |
| Term and Range | Short-term hold, loan size | 6 to 18 mo, $100K to $100M |
Swipe to see all columns β
Fix and flip loans are short-term, interest-only and asset-based, priced at a premium to permanent debt because you are paying for speed and rehab funding. The loan is the lesser of the LTC and ARV calculations; rehab funds are held back and released in draws as work is inspected. Rates start around 9.79% and run higher with lower credit, less experience or higher leverage, plus 1 to 5 origination points. A 650 FICO is typical. Final leverage, rate, points and term depend on the property, your experience and lender underwriting. This is not a commitment to lend.
Close Fast. Draw the Rehab. Sell or Hold.
Speed is everything on a flip. Here is how I move your file so you are not the buyer who loses the deal to a faster one.
Send the Deal
The property, purchase price, rehab budget and your after-repair value. A scope of work helps me move fast.
I Size It on ARV
I run the LTC and ARV math and match your fix and flip loans file to the lender most likely to fund it.
Close and Draw
You close on the purchase and the rehab funds sit in a holdback, released in draws as the work is inspected.
Sell or Refinance
Finish the work and sell into the ARV, or refinance into a DSCR loan and keep it as a rental. Your exit, your call.
Who These Fix and Flip Loans Are, and Are NOT, For
A flip loan is a sharp tool used wrong it gets expensive, so I qualify honestly. If you’re on the left, call me today. If you’re on the right, I’ll point you to a better fit.
β This IS for you ifβ¦
- βYou’re buying a distressed or value-add property to renovate.
- βYou have a real rehab budget and a believable after-repair value.
- βYou have a clear exit … sell it, or refinance into a rental.
- βYou have a 650+ FICO and some cash for the down payment.
- βThe deal is $100K or larger.
π« This is NOT for you ifβ¦
- βYou want to live in the property … flip loans are investment-only.
- βYou want the lowest possible rate … a flip loan runs a premium.
- βYou have no rehab plan, no budget and no exit.
- βYou want 100% of everything financed with no cash in the deal.
- βYou need a long-term hold from day one … a DSCR loan fits better.
Tell Me About Your Flip
Sixty-second fix and flip loans application. I personally review every submission, no call center, no junior rep.
Got it. I’m on it.
Your fix and flip loans request landed in my inbox. I personally review every submission and most responses go out within one business hour.
Watch for a call from me, Kevin Kermeen, I call directly, I don’t text.
Recent Fix and Flip Loans From My Desk
A snapshot of the fix and flip loans I close. Every deal is different, yours starts with a conversation.
$250K Β· SFR Flip, AZ
90% LTC with 100% of the $70K rehab in a draw holdback, sold into a $340K after-repair value.
$1.1M Β· 3-House Pipeline, TX
Funded three flips at once for a repeat investor so capital was never the bottleneck on volume.
$420K Β· Flip-to-Rent, FL
Rehabbed, then refinanced into a DSCR loan instead of selling, a clean BRRRR hold.
How I Structure Fix and Flip Loans That Actually Close
Most brokers quote a rate and disappear. I structure fix and flip loans around the deal, the budget and the exit, then match the file to the lender most likely to fund it at the best terms. As an investor myself, I know that on a flip your financing decides your timeline, and your timeline decides your profit. Fix and flip loans are built for exactly that.
The whole point of fix and flip loans is that they fund what a bank will not: a property that does not pass an appraisal in its current condition. Instead of the distressed value, the lender looks at the after-repair value, the price the house will fetch once your work is done. Two ratios set the loan. The Loan-to-Cost is the share of your total project, purchase plus rehab, that the lender funds, up to 90%. The ARV cap, typically 75%, is the ceiling on the finished value. The lender funds the lesser of the two, which keeps the deal sane for both sides.
Here is the honest difference. The rehab money does not all hit your account at closing. It sits in a holdback and is released in draws as the work is inspected, which protects the budget and the after-repair value the whole loan is built on. That structure lets you finance up to 100% of the rehab and keep your own cash free for the next deal. The cost of that speed and leverage is real … fix and flip loans are interest-only, short-term, and priced at a premium with 1 to 5 origination points, and I will never hide that from you.
So the strategy is simple: buy below value, fund the rehab, and exit into the higher number, either by selling or by refinancing into a long-term DSCR loan and keeping the rental. That second path is the BRRRR play, and it is why fix and flip loans and DSCR work hand in hand. I will tell you straight whether your deal pencils and which exit serves you best, because the wrong loan eats your margin and the right one protects it. Every deal is built around your numbers, not a one-size box. If you also run a business behind your investing, see my small business loans and SBA loans. Don’t Beg the Bank! Get funded instead.
Straight Answers Before You Apply
What are fix and flip loans?
How much can I borrow on a fix and flip loan?
What are fix and flip loan rates and points?
Do I need experience or good credit to flip?
Can I keep the property instead of selling it?
What does it cost to work with you?
A Fix and Flip Loan Advisor Who Invests in Real Estate Too
I’m Kevin Kermeen, the nationwide commercial loan broker behind 75BizLoans.com, and a real estate investor myself, not a banker. I get flippers funded on the after-repair value, fast, and I review every fix and flip loans file personally. I’m not a bank and I don’t push one-size paper … I shop your deal across a private network of hard-money and bridge lenders to find the leverage and speed your project needs, with a DSCR exit ready if you decide to hold. For independent context, see the U.S. Census Bureau new residential sales data and the Federal Reserve interest rate data.
Get Funded Instead.
Banks hand out umbrellas when the sun is shining, not when you’re weathering the storm. I arrange fix and flip loans when you actually need them … up to 90% of cost, 100% of the rehab, sized on the after-repair value, $100K to $100M, rates from 9.79%, and a same-day callback from a broker who invests in real estate himself.
Loan amounts, leverage, rates, points and timelines shown are typical ranges, not guarantees. *Fix and flip loan rates generally start around 9.79% and run higher with lower credit, less experience or higher leverage; loans are interest-only and carry 1 to 5 origination points. Your final rate and points are calculated on the strength of the whole application, including the property, your experience, the rehab budget and the after-repair value, so apply for a free no-obligation quote. *No upfront fees refers to fees payable to 75BizLoans.com; I am compensated by the lender at closing. Some partner lenders may require a commitment fee or deposit upon your acceptance of their term sheet; any such fee is the lender’s, is disclosed to you before you commit, and is separate from any compensation to me. Fix and flip loans are for non-owner-occupied investment property only. Up to 90% LTC and up to 75% ARV are maximums; the loan is the lesser of the two and the rehab is funded through a draw holdback. Final leverage, rate, points and term depend on the property, your experience and lender underwriting. This is not a commitment to lend.