866-461-2695 ken@hardmoneyman.com

Fix and Flip Loans

Get Purchase Money Loans For Your Next Rehab

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We have funded over 5,000 fix and flip rehab loans in the last 7 years and want to fund your next deal.

Fix and Flip Purchase Money Loans

If you are a real estate investor looking for Fix and Flip Loans look no further. We have funded over 5,000 purchase money 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!!

Submitting your application package is quick and easy.

Hassle Free Hard Money Fix and Flip Loans

If you are a real estate investor looking for a Fix and Flip Loan for your next project, look no further. We have funded over 5,000 rehab loans in the last 7 years and want to fund your next deal. 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, 10/1 arm, 30 year fixed). We have been lending to investors for almost 2 decades and provide a quick closing solution to investors across the country.

You can now roll your rehab/construction loan directly into a long term, 30 year loan with our new rehab to 30 year loan program!

Fix and Flip Loan Requirements

Full List of states we are lending in for rehab fix and flip loans:

AL, AZ, CA, CO, CT, FL, GA, HI, IL ,IN, KY, LA, MA, MD, NC, NY, NJ, NV, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WI, WV

Available in AZ, CA, CO, FL, GA, HI, NC, NV, OR, SC, TN , TX, UT, VA, WA

  • Up to 80% of purchase and 100% repairs
  • NO Credit Requirements
  • Rates from 9.5%
  • 3 points
  • Property Types – Single Family, 2-4 unit, Condos, Townhouses
  • Closings in 5-10 days
  • Approvals in 30 minutes
  • Loans under 1.5m (2m in CA) close with a BPO not an appraisal
  • Non recourse available on loans under 1.5M
  • Closing in your name or LLC/Corp name
  • Bank Statements only – No borrower DTI requirements
  • Non Owner Occupied properties only (no homeowner loans)

Available in CT, IL (except Cook County), KY, MD, MA, MI, MO, OH, OK, PA, WV

  • 80% Purchase + 100% repairs, 70% ARV Max loan
  • Credit Requirements – 680+ Mid Score
  • $75,000 Min Loan amount (80% purchase + 100% repairs has to exceed 75k)
  • 600k Max Loan Amount
  • Rehab Budget can not exceed $70,000
  • 3 Points
  • 1995 Fees
  • Close in 7-10 days
  • Full Appraisal

Available in NY, NJ, IN, LA, WI w/ 2+ completed flips last 24 months

  • 65-80% Purchase + 100% repairs, 70% ARV Max loan
  • Credit Requirements – 620+ Mid Score
  • $50,000 Min Loan amount ( % purchase + 100% repairs has to exceed 75k)
  • NO heavy rehabs
  • 3 Points
  • 995 underwriting
  • Close in 7-10 days
  • Full Appraisal needed

What are Fix and Flip Loans?

Fix and Flip Loans 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 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 90% of the funds needed to rehab the property and bring it to market. The purchase price plus the rehab cost should not exceed 75% of the completed value to ensure there is enough room in the deal for you to make a profit.

Why Choose A Hard Money Loan For Your Project?

Plain and simple, a hard money fix and flip loan is a loan made by a hard money lender for the investor to buy, fix and sell a house. 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.

Same Day Decisions. 7 Day Closings. 

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