Fix & Flip Loan FAQs for Real Estate Investors
HardMoneyMan.com LLC is a trusted nationwide lender specializing in fix and flip financing for real estate investors of all experience levels. With over two decades of industry expertise, we’ve funded thousands of projects coast to coast—delivering fast approvals, flexible rehab draws, and deal-first underwriting that puts your investment strategy front and center. Whether you’re flipping your first property or scaling a portfolio, our team is built to move at the speed of your deal.
Everything You Need to Know About Hard Money, Rehab Funding, and Getting Approved Fast
Fix & Flip Loans – Comprehensive FAQ
Fix and flip loans are short-term financing tools for real estate investors who buy, renovate, and resell properties for profit. They’re typically funded by hard money lenders and based on the property’s ARV (After Repair Value).
Investors receive funds to purchase and rehab a property. Rehab funds are released in stages (draws) as work is completed. The loan is repaid when the property is sold or refinanced.
Most fix and flip loans have terms of 6 to 12 months, though some lenders offer extensions or 18–24 month options for complex rehabs.
Yes. Most fix and flip loans are structured as hard money loans, which prioritize deal strength over personal income.
Technically yes—they’re considered commercial loans because they’re used for investment purposes, not owner-occupied residential purchases.
For investors who need speed, flexibility, and rehab funding, they’re often essential. They allow you to compete with cash buyers and scale your portfolio without tying up personal capital.
Qualification & Credit
Most lenders start at 680 FICO for new investors. Experienced investors scores can go to 620 FICO.
Down payments typically range from 10–20% of the purchase price, depending on experience, credit, and deal strength.
You’ll need a purchase contract, scope of work, ARV comps, and basic ID. Experience helps, but first-time flippers can qualify with a strong plan.
Yes. Some lenders offer programs for new investors with credit scores as low as 600, especially if the deal has strong margins.
Rarely. Most lenders do a soft pull to verify identity and risk, but some private lenders may skip credit checks for repeat borrowers.
How to Get Started
Submit your deal scenario to a hard money lender like HardMoneyMan.com LLC. Include purchase price, rehab budget, ARV, and timeline.
Hard money lenders, private lenders, and some non-bank institutions. Traditional banks rarely offer true fix and flip programs.
Most banks do not offer fix and flip loans. However, some credit unions or portfolio lenders may offer bridge-style financing for experienced investors.
Through hard money loans, private capital, partnerships, or HELOCs. Hard money is the most common for speed and rehab funding.
Typically, short-term hard money loans with interest-only payments, rehab draws, and ARV-based underwriting.
Location-Based FAQs
Yes. HardMoneyMan.com LLC offers fix and flip loans nationwide, including localized programs in major metros.
Absolutely. Many lenders—including HardMoneyMan—offer first-time flipper programs with flexible terms and coaching support.
Yes. New investors can qualify with a solid renovation plan and conservative ARV projections.
Yes. Experienced investors often receive higher leverage, faster closings, and streamlined draw processes.
State-Specific Fix & Flip Loan FAQs
Yes. HardMoneyMan funds deals statewide—from Miami to Jacksonville—with fast closings and full rehab draws.
Yes. Texas investors can access fix and flip loans in Dallas, Houston, Austin, and beyond.
Yes. We fund deals across Philly—including auction properties and historic rehabs.
Yes. Birmingham, Huntsville, and Mobile are active markets for fix and flip funding.
Yes. Charlotte, Raleigh, and Durham are popular zones for fix and flip investors.
Yes. We fund deals in Charleston, Columbia, and Greenville.
Yes. DC investors can access fast funding for rowhomes, condos, and auction flips.
Yes. Baltimore, Silver Spring, and Frederick are active zones for fix and flip loans.
Yes. We fund deals statewide—including Shore towns, Newark, Atlantic City and South Jersey.
Yes. NYC, Long Island, and Upstate markets are eligible for fix and flip funding.
Yes. Boston, Worcester, and Springfield investors can access fast rehab funding.