Buy It, Rehab It, Sell It. One Loan Covers the Whole Project.

Fix and flip loans cover the acquisition and the rehab budget in a single facility, with draws tied to construction milestones and terms built for speed.

Acquisition and Rehab Financing in One Loan

Fix and flip loans are short-term financing designed specifically for investors who acquire properties, renovate them, and sell at a profit. The loan covers the purchase price and the renovation budget in a single facility, with rehab funds released in draws as work is completed. We connect investors with fix-and-flip lenders who fund both residential and commercial rehab projects, from single-family homes to small multifamily buildings and mixed-use properties. From a first project to a fiftieth, the right lender makes the difference between a deal that pencils and one that doesn't.

Key Terms

Loan Range: $75K to $5M+
Terms: 6 to 18 months
Purchase Coverage: 80% to 90% of purchase
Rehab Coverage: Up to 100% of rehab costs
ARV-Based: 70% to 75% of ARV
Speed: 10 to 14 days

Who Is It For

  • Residential real estate investors doing property rehab and resale
  • Experienced flippers scaling their renovation portfolio
  • First-time investors entering the fix-and-flip market
  • Commercial investors renovating small multifamily or mixed-use properties
  • Contractors and builders who acquire properties for renovation and sale

Common Use Cases

  • Single-family home purchase and renovation for resale
  • Small multifamily (2-4 unit) acquisition and rehab
  • Commercial property light renovation and quick sale
  • Distressed property acquisition at discount for renovation
  • Portfolio flipping with multiple simultaneous projects

Borrower Scenarios

  • A residential investor purchasing a distressed 3-bedroom home for $180K and renovating it with a $65K rehab budget, selling the completed property for $310K after a 4-month renovation. Fix and flip loan covered 90% of purchase and 100% of rehab, with draws released after framing, mechanical, and finish inspections.
  • An experienced flipper running three simultaneous projects across Austin, using a single lender relationship to fund all three acquisitions with a blanket fix and flip facility that streamlined draws and reduced per-project origination costs.
  • A contractor-investor acquiring a vacant duplex near downtown for $240K, using a fix and flip loan to fund both the acquisition and a $120K gut renovation, then refinancing into a DSCR rental loan after completing the rehab instead of selling.
  • A first-time flipper purchasing a fire-damaged property at a discount for $95K, securing a fix and flip loan at 85% of purchase with a $55K rehab budget, and selling the restored home for $215K within 5 months of closing.

Why CapitalAx

Lenders Who Fund Fast and Draw Faster: Fix and flip profitability depends on speed. We work with lenders who close in 10 to 14 days and process renovation draws within 48 hours of inspection, keeping your project timeline on track and your contractors paid.
ARV-Based Structuring That Maximizes Leverage: The best fix and flip loans are structured around after-repair value, not current condition. We present your project's comp analysis, renovation scope, and ARV projections in the format lenders need to approve maximum leverage, reducing your out-of-pocket costs on each deal.
Portfolio and Repeat Borrower Programs: For investors doing multiple flips per year, we connect you with lenders offering portfolio lines, reduced origination on subsequent deals, and streamlined underwriting for repeat borrowers. The more deals you close, the better your terms get.

Frequently Asked Questions

How much of the renovation costs does a fix and flip loan cover?

Most fix and flip lenders cover 80% to 90% of the purchase price and up to 100% of the renovation budget, with total loan proceeds capped at 70% to 75% of the after-repair value (ARV). Rehab funds are held in escrow and released in draws as work milestones are completed and inspected.

Can I get a fix and flip loan for a commercial property?

Yes. While most fix and flip lending focuses on residential properties, CapitalAx works with lenders who also fund commercial rehab projects including small multifamily buildings, mixed-use properties, and light commercial renovations where the exit strategy is a quick sale or refinance.

Do I need experience to qualify for a fix and flip loan?

First-time flippers can qualify, though terms may be more conservative with lower leverage and higher rates. Most lenders offer better terms for borrowers with a track record of completed projects. After 3 to 5 successful flips, you'll typically qualify for higher leverage and lower costs.