Purchase + renovation
Fix & Flip financing, explained.
Short-term financing for acquiring and renovating investment property with a defined sale or refinance plan.
Is this your starting point?
When this path may fit.
You have an investment property to acquire or renovate, a realistic scope of work, and a plan to sell or refinance after the improvements.
A renovation allocation may be held back and released through draws. Ask how inspections, reimbursement, fees, and working-capital requirements would apply to your transaction.
Questions that shape the review
- What are the purchase price, renovation budget, and supported after-repair value?
- What relevant projects have you completed, and who will manage the work?
- How will you cover closing costs, reserves, and expenses before a renovation draw?
What to have ready
- Property address and purchase contract, if available
- Itemized renovation budget and proposed schedule
- Comparable sales and your proposed exit strategy
- A summary of experience and funds available for the project
Think through repayment
The usual plan is a sale or refinance, not indefinite use of a short-term loan. Build a realistic schedule and allow for carrying costs and possible delays.
What happens next?
Share the address, purchase price, estimated rehab budget, and planned exit. If you are still looking for a property, tell us that instead. An inquiry starts a conversation; it does not submit a complete application, authorize a credit report, or commit you to borrow.
Start with a short inquiry if you are exploring options. If you are ready to provide full borrower and property information, use the separate secure loan application.