Fix and Flip Loans For Real Estate Investors – What are they and why we should be your #1 option

Fund your next fix and flip with us!


We have funded over 15,000 fix and flip loans!

American Association of private lenders member

Fix and Flip Lenders, Loans – LLC

If you are a real estate investor looking for Fix and Flip Loans look no further. LLC is the leading Hard Money Fix and Flip Lender funding over 5,000 rehab loans/fix n flip loans in the last 7 years and want to fund your next deal. With our commonsense underwriting and quick closings, you will never look for another lender again after closing your 1st deal with us!!

These fix and flip loans are made for houses that are in disrepair and are in need of some updating to bring the house to market for resale at a profit. Also commonly known as a renovation loan or loans for fix and flip, these are made to real estate investors, not to homeowners.

What is the 70% Rule for fix and flips?

We suggest using this formula when seeing if your deal qualifies as a deal –

ARV x 70% less your rehab budget = your max offer/purchase price

Fix and Flip Loans for beginners are not an issue for us like they are with other lenders. We will lend to first time flippers!!

What is your loan process to submit a fix and flip loan?  

  1. Send us your loan scenario with all details so we can price it out for you and let you know the maximum loan to value, interest rate and term.
  2. We will send you a complete breakdown of our hard money loan or DSCR loan offer. 
  3. If you accept our offer, we will send you our loan package to complete along with a list of documents that need to be submitted. 
  4. Once we receive the application package, the file will be entered into our portal, and we will send you a DocuSign for credit/background check authorization as well as a link to pay for the appraisal. 
  5. Appraisals take 3 days for a rush and 5 days (business days) for a regular appraisal. 
  6. Once the appraisal is in, assuming the borrower has submitted all requested documents, the file will go into underwriting. Underwriting turn time is a few hours to 24 hours. 
  7. Once the file is approved to close, it will go to our attorney, who will reach out to the title company with closing instructions. 
  8. Fix and flip loans close in 7-8 days, ground up construction loans close in 8-10 days and 30-year DSCR rental loans close in 14 days or less. 
Ken 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. He is also a real estate investor in NJ and NY.

How do fix and flip lenders work? Watch our video to find out

What is house flipping? 

House flipping is a popular way to make money in real estate investing. It involves buying a property, making improvements and upgrades, and then quickly selling it for a profit. The goal of house flipping is to generate a significant return on investment while minimizing risks. In order to be successful, house flippers need to understand the local market environment as well as how to find and evaluate potential projects that can yield a high return on their investment.

One of the most important aspects of house flipping is having an accurate assessment of value for the properties that are being considered for investment. An accurate analysis will help investors determine which houses are best suited for flipping and what types of repairs and upgrades can lead to the highest returns on investment. Additionally, investors should take into account factors such as current market conditions, tenant demand, housing supply in the area, local housing trends and cost estimates for renovation when assessing potential flips.

Finally, it’s important for house flippers to have realistic expectations about how long it will take to complete their renovations and how much they should expect to make from each flip. Flipping houses requires dedication, hard work and patience — but with the right knowledge, skillset and connections in place it can be very rewarding financially. Investing in real estate offers many benefits including financial freedom and security — but taking the time to do your due diligence can help ensure you get the highest return possible from each project you undertake.

Fix and Flip Loan Requirements

Available in 45 States and Washington DC

  • Rates starting from 11%
  • Funding up to 85% of Purchase Price
  • Funding 100% of the Rehab Costs
  • Maximum loan is 75% of the ARV (completed value)
  • 620+ Mid Credit Score Required
  • Loan Amounts $50K – $5MM on 1-4 unit residential, Condos and Townhomes
  • No Prepayment penalty
  • Direct Lender
  • Fast Closings
  • Brokers always protected
  • Rural Properties OK at 60-65% of Purchase Price and 100% Repair Cost
  • Lots over 2 acres OK as well (nothing over 10 acres)

For the investor who wants to purchase and renovate an investment property in order to sell it or refinance into a longer-term loan

Case Studies – A Few Recently Funded Fix and Flips

Putnam County, NY Fix and Flip

  • Loan Amount $232,650
  • Units 1
  • LTARV 59%
  • Term 12 months
  • Purchase Price $175,000
  • Budget $83,900
  • ARV $390,000


Branchburg NJ – Fix and Flip and add a level

  • Loan Amount $403,000
  • Units 1
  • LTARV 57.6%
  • Term 12 months
  • Purchase Price $225,000
  • Budget $227,500
  • ARV $700,000

Dix Hills, Long Island NY – Fix and Flip

  • Loan Amount $756,000
  • Units 1
  • Loan to cost 80%
  • Term 12 months
  • Purchase Price $825,000
  • Budget $96,000
  • ARV $1,157,000

Brunswick GA – Fix and Flip of historic home

  • Loan Amount $540,000
  • Units 1
  • Loan to cost 78%
  • Term 12 months
  • Purchase Price $461,000
  • Budget $180,000
  • ARV $840,000

Fix and Flip Loans


Minimum Credit Score 

Interest Rate


Advance on Purchase 

Advance on Rehab


Property Types

Pre-Pay Penalty


Blanket Loans

Loan Amounts

Loan Term 

Closing Time




2% or $2500 whichever is greater 

Up to 85% 


Up to 70%

1-4 unit residential, condos, townhouses




50k - 5MM

12 Months

7-14 days

Fix and Flip Loans for Beginners

Fix and flip loans for beginners provide an excellent way to get into real estate investing with minimal funds, and fix and flip lenders can make all the difference in a beginner’s success. Due to the speed at which fix and flip lenders process applications, borrowers do not have to worry about complicated application processes or lengthy waiting times for approval. In addition, although fix and flip hard money loans often come with higher interest rates than traditional mortgages, they are much easier to qualify for since fix and flip lenders evaluate applicants based on the deal and their mid credit score, not their personal income. You can start a successful fix and flip business as a beginner with the right lender by your side.

Beginning real estate investors may find fix and flip hard money loans attractive. Hard money loans can be used to cover the upfront costs of purchasing a property and renovating it. They usually require less of a down payment than traditional mortgages, which makes them an ideal choice for those just starting out in the world of real estate investing. In addition, hard money lenders typically have fewer restrictions than traditional lenders, so it’s easier to get approved with less paperwork. However, hard money loans also carry higher interest rates than other financing options such as mortgage loans. As such, it’s important to do your research before committing to any type of loan.

What are Fix and Flip Loans in Real Estate Investing?

A fix and flip loan allows investors to buy properties with the intention of remodeling them and reselling them for a profit. As a result of these loans, investors can access capital more quickly, making it easier to take advantage of real estate investment opportunities.

In order to secure a fix and flip funding, investors must have enough funds to pay closing costs, including title and transfer fees, as well as a down payment of approximately 20% of the purchase price. The lender will then provide the remaining funds for the purchase as well as the repair money. The majority of lenders also require borrowers to keep some extra funds on hand in case unexpected expenses arise during renovations.

The investor must complete renovations quickly in order to capitalize on short-term profits and take advantage of market conditions. A fix and flip loan features a shorter repayment period than a traditional mortgage, usually between 6 months and 1 year. A renovated property can be sold after the repayment period if all goes well, and investors will profit from their investment.

Hassle Free Hard Money Fix and Flip Loans LLC’s fix and flip program offers up to 85% of the purchase price and 100% of the renovation costs, not to exceed 70% of the after-repair value. We’re successful because we want our investor partners to be successful. Our goal is to help you make money on your next rehab project.

We have all loan programs for investors ranging from fix & flip loans, ground up spec home funding, 1-2-year refinance take out loans and 30 year landlord loans (5/1 arm, 7/1 arm, 10/1 arm, 30 year fixed). We have been lending to investors since 1998 and provide a quick closing solution to investors across the country.

Why Choose Fix and Flip Loans For Your Next Project?

Fix and Flip Loans are a vital tool for real estate investors. It is a loan made by a hard money lender for the investor to buy, fix and sell a house. More recently, many investors have been rehabbing houses and then renting them out to hold as a long term rental.

Banks just do not understand that you can buy a property, put some money into it, and it could be worth a considerable amount more once you do this.

Yes, I know banks have their 203k program, but closings on those are mostly limited to homeowners (this is not an investor product) and typically these are not quick easy closings like hard money loans are.

Not sure which markets you should be looking at (if you fix and flip outside your home market), then this article “where to invest as a fix and flipper in 2022” is a great read for you.


Fix and Flip Loan FAQ’s

Yes!! We do lend to new investors/1st time rehabbers. We specialize in walking new investors through their first project, making sure their budgets are suffice to complete their deal, and also we make sure, if they had to hold the property for a year, that they will still turn at least a 15k profit.
A fix and flip loan is designed for real estate investors that are buying a house that is in need of work to make it livable. Loans for Fix and Flip are loans made to real estate investors that are in the business of buying, rehabbing and then reselling properties at a profit. Many times, these rehab loans are made on properties that have fallen into disrepair from the previous homeowner, or that have had fire or flood damage, or are just in desperate need of updating. Typically, these are short term (12 month) loans for investors that fund not only a percentage of the purchase price, but also up to 100% of the funds needed to rehab the property and bring it to market. The purchase price plus the rehab cost should not exceed 70% of the completed value to ensure there is enough room in the deal for you to make a profit when flipping the home.
House flippers rely on fix and flip hard money loans to ensure that they can close quickly on a house they are buying that is in need of repair.
Bridge loans are typically short term 1 year loans made on properties that are between the completed (after it has been rehabbed) stage of a property or a sale of that property or for a property where the borrower is waiting to refinance to a long term 30 year loan. A fix and flip loan is one where the property is still in disrepair or need of updating, and your lender provides a loan based on what the home will be worth when the work is completed.
We can close a fix and flip in as fast as 7-10 days.
We do require a full appraisal, including interior access. If this is an auction property and there is no access we do have the ability to fund with just a drive-by appraisal, provided the borrower can provide us with interior pictures.
This is a great question. Usually we look for the borrower to make at least $15,000 after all is said and done (this includes all expenses leading up to and selling the home, such as 1. purchase price 2. rehab budget 3. closing costs 4. monthly interest payments 5. realtor commission to sell when the property is completed 6. transfer taxes 7. property taxes and insurance
For our Fix and Flip funding we will not ask you to verify your income, this is not a bank loan.
We require an REO Schedule spreadsheet to be filled out with your submission detailing previous flips as well as rentals you currently own. In some cases a purchase and/or sale HUD could be required.
Being one of the oldest hard money lenders in the country we have vast experience in the market ups and downs, our low rates, second to none customer service, common sense underwriting and fast closings. Just because we are the oldest hard money lender doesn’t make us the best, but being the best kept us around long enough to be the oldest.
Shaun Dozier
Shaun Dozier
My company has closed over 5 deals with Ken Vesely . He's very knowledgeable and will get it done . Good communication and responsive!
Demetri Williams
Demetri Williams
This is the best lender I've used for all my deals. Very fast and efficient. Never any glitch always a smooth sail to closing. Don't waste your time using someone else.
Dario Olivere
Dario Olivere
I have closed multiple deals with Ken. He’s to the point, very straight forward and won’t lead you on. He’s helped guide me along the way. I will always recommend him to my friends and I will always use him for my deals.
Tom Tinsey
Tom Tinsey
This was my first time using any type of hard money financing so I had tons of questions along the way. Ken answered every one and even helped me out a lot with great recommendations as far as building my real eatate portfolio. Look forward to working with him on future deals and would recommend. No nonsense. No bs. All buisness!!
Brandi Pernell
Brandi Pernell
The experience my husband’s and my company (Kingdom Realty, LLC) had with, LLC/Ken Vesely was five-star, from our very first interaction to closing. Ken is efficient, responsive, transparent and extremely knowledgeable. He kept his word on all things discussed, with no surprises along the way, which is extremely important with matters such as these. This was Kingdom Realty LLC's first experience with a hard money loan. Ken took the time to answer all of our questions and taught us a lot throughout our loan approval process. We closed our deal in less than 30 days; and would have closed sooner had it not been for the holidays. We are very much looking forward to working with LLC for our next deal, and strongly recommend this company to others looking to invest in real estate, close a deal quickly, and learn some tips along the way.
Christian Rodriguez
Christian Rodriguez
I have worked with Ken multiple times and every transaction was a breeze if I have to recommend a straight forward Hard Money Lender, Ken is the man to go with
Christina McCann
Christina McCann
Great company great experience
Joe Matthews
Joe Matthews
Dealing with Ken and his team is flawless. The process is very streamline from start to finish with excite communication throughout the process

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