Fix & Flip Lenders

Fix and flip financing can cover acquisition, renovation, or both. Lenders may evaluate the purchase price, renovation budget, and estimated after-repair value. Ask which amount controls the loan size and how much cash you need at closing.

When renovation funds are held back, the draw process affects how you pay contractors. Ask what work must be completed before a draw, who inspects it, how long payment takes, and whether inspection or draw fees apply.

Browse lender profiles for service areas, reported loan sizes, verification status, and any available reviews. Profile information may be incomplete or vary by lender, so confirm experience requirements and current loan parameters directly.

Compare written offers for interest, origination charges, draw fees, extension terms, prepayment provisions, and default terms. Build a realistic project budget and schedule before relying on a proposed closing date.