What are fix and flip loans?

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.

How do fix and flip loans work?

Investors receive funds to purchase and rehab a property. Rehab funds are released in stages as work is completed. The loan is repaid when the property is sold or refinanced.

How long are fix and flip loans?

Most fix and flip loans have terms of 6 to 12 months, though some lenders offer extensions or longer terms for complex rehabs.

Is a fix and flip loan a hard money loan?

Yes. Most fix and flip loans are structured as hard money loans, which prioritize deal strength over personal income or credit.

Are fix and flip loans commercial?

Yes. Fix and flip loans are considered commercial because they’re used for investment purposes, not owner-occupied residential purchases.

Are fix and flip loans worth it?

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.

What is the financing for fix and flip?

Typically short-term hard money loans with interest-only payments, rehab draws, and ARV-based underwriting.

What credit score do you need for a fix and flip loan?

Most lenders start at 600–620 FICO, but higher scores may unlock better rates and higher leverage.

How much down for a fix and flip loan?

Down payments typically range from 10–20% of the purchase price, depending on experience, credit, and deal strength.

How to qualify for a fix and flip loan?

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.

Fix and flip loans for beginners with bad credit?

Yes. Some lenders offer programs for new investors with credit scores as low as 600, especially if the deal has strong margins.

Fix and flip loans no credit check?

Rarely. Most lenders do a soft pull to verify identity and risk, but some private lenders may skip credit checks for repeat borrowers.

Fix and flip loans near me?

Yes. HardMoneyMan.com LLC offers fix and flip loans nationwide, including localized programs in major metros.

Fix and flip loans for beginners?

Absolutely. Many lenders—including HardMoneyMan—offer first-time flipper programs with flexible terms and coaching support.

Fix and flip loans for new investors?

Yes. New investors can qualify with a solid renovation plan and conservative ARV projections.

Fix and flip loans Florida?

Yes. HardMoneyMan funds deals statewide—from Miami to Jacksonville—with fast closings and full rehab draws.

Fix and flip loans Texas?

Yes. Texas investors can access fix and flip loans in Dallas, Houston, Austin, and beyond.

Fix and flip loans Philadelphia?

Yes. We fund deals across Philly—including auction properties and historic rehabs.

Fix and flip loans North Carolina?

Yes. Charlotte, Raleigh, and Durham are popular zones for fix and flip investors.

Fix and flip loans New Jersey?

Yes. We fund deals statewide—including Shore towns, Newark, and South Jersey.

Fix & Flip FAQ’s and Loan Insights for Real Estate Investors

Explore key details about loan structure, approval speed, credit flexibility, and more.

What is a DSCR loan?

A DSCR loan qualifies you based on rental property cash flow rather than personal income or tax returns.

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.

Ken Vesely has been a hard money lender for over 25 years. He has funded over 25k deals for investors in that time. Ken specializes in fix and flips, ground up spec construction and 30-year DSCR loans.